The Verge / Photo by Bloomberg, Getty Images

Gieco says it still offers insurance for Tesla’s Cybertruck after some customers reported being dropped by their insurance company for the expensive and unconventional electric truck.

Several owners have reported difficulties in procuring coverage for their Cybertrucks, fueling speculation that the insurance industry was refusing to write policies for the truck. The speculation reached a fever pitch this weekend when Torque News reported about a specific case of a Cybertruck owner being informed by Geico that his policy was being terminated. Several owners have posted on Reddit and the Cybertruck Owners Club forum reporting dropped coverage from Geico and State Farm.

In an email to The Verge, Geico pushed back. “Gieco has coverage…

Continue reading…

By