Fast Technology reported on October 8 that on December 1 last year, Tesla Cybertruck was officially delivered.
This electric pickup truck released in 2019 was finally delivered to the owner of the reservation four years later.
However, less than a year has passed since delivery, but this car has been recalled five times due to various problems.
Some insurance companies have begun to notice the reliability problems of this car and refused to insure this model.
NotebookCheck reported that a Cybertruck owner received a rejection letter from GEICO insurance company, which wrote: “Since your 2024 Tesla Cybertruck does not meet our underwriting standards, we will not be able to provide you with insurance.
” The car owner was very dissatisfied with this.
He believed that “there were models on the market that were riskier than Cybertruck.
” He planned to cancel all GEICO policies, find another insurer for Cybertruck, and asked GEICO to recommend other insurance companies.
Another car owner shared a similar experience on the forum: GEICO refused to continue to underwrite his Cybertruck just a few months after he picked up his car in New York.
He then tried more than five insurance brokerage companies, all of which were denied insurance, and due to Tesla’s resale policy, he is currently unable to drive on the road or sell the car.
Other Cybertruck owners have encountered the same problem.
Some even canceled their orders for the vehicle because they could not insure it, or even if they found insurance, the monthly premium was higher than the monthly payment of the car loan.
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