Tesla owners gut-punched after receiving unexpected notice from insurance company: 'Mind you, zero accidents in my life'

[Yo_Mama_Been_Loggin]

Tesla's reduced production of its Cybertruck is having a ripple effect on owners, some of whom say insurance companies are now canceling policies for the vehicle.

What's happening?
Once one of the world's most-hyped vehicles, sales and production numbers for Tesla's Cybertruck have fallen sharply. In the second quarter of this year, the company sold just 4,306 Cybertrucks, a drop of more than 50% over the same period in 2024.

Now, Torque News reported, some insurance companies are using those numbers to cancel their coverage of the all-electric truck.

One Illinois resident wrote in a Cybertruck owners' Facebook group that his Cybertruck would need to be removed from his policy.

https://finance.yahoo.com/news/tesla-owners-gut-punched-receiving-004500233.html

[viva la]

1. Musk is rich enough to insure them all....

Of course, the deadbeat dad wouldn't ever do anything good for his poor minions.

[OAITW r.2.0]

2. Musk thought up this design when he was 7 years old. And he made it a reality.

That's about it.

[DBoon]

3. It would have made a cool Mattel Hot Wheels toy

[OAITW r.2.0]

5. He got the scale wrong.

[RockRaven]

4. Every single person who bought a Cybertruck was Fucking Around, and

I do not have one iota of pity for any Finding Out they may experience. Absolutely none.

[OAITW r.2.0]

6. I don't know. I saw it and thought the 7 YO's concept comes to life.

Just an awful vehicle, IMHO.

[FHRRK]

8. I am with you

Hell in The OC we might have the largest per capita owners of the trucks. Fuck each and every one of them. They spent 100k to prove they were stupid.

Now to be petty, and not meant to be offensive, but I haven't seen one of the owners that was over 5'8" tall.

[synni]

7. Who would want to insure those death traps?

[Polybius]

19. Death traps?

They are dangerous for the passengers inside? Damn, I hadn't heard that.

[HappyH]

26. google cybertruck vs ford pinto

Folks who have studied the statistics claim the cybertruck is far more likely to burn than the old Ford Bean and the fatality rate might be as much as 17 times higher than the Bean. Limited sample numbers due to lack of sales may be giving funky results for the cybertruck, but it's something to think about if someone offers you a ride in one.

[yorkster]

9. The first time I saw a Cybertruck it ticked off a faint memory

of a class of Navy destroyers that were cancelled, the Zumwalt. I think only 2 or 3 were built at Bath Iron Works in Maine.

[Demovictory9]

10. "its design represents a unique challenge, as it poses an extraordinary expense for repair or replacement under comprehe

"its design represents a unique challenge, as it poses an extraordinary expense for repair or replacement under comprehensive or collision coverage."

[AZJonnie]

11. That seems a little sketchy as insurance companies insure cars that cost a fortune to fix all the time

They just charge a hell of a lot more in premiums for such cars. Don't get me wrong they could come out and say "we aren't insuring them because everyone who bought one is a moron, dickhead, or both" and that'd be fine by me. But that particular excuse sounds like a bit like a 'front'. Like they may know about problems with it that aren't publicly known (and they don't want to piss off Elon by saying them out loud), things coming down the pike as it ages.

[Demovictory9]

12. Repair shops for the cybertrucks are scanty. News article about this issue a few months ago

Cybertruck owner was quoted 6 months to repair it and repairs would be in another city.

[TommyT139]

14. Maybe, but since then

...I bet you can buy a bunch of them for spare parts, real cheap!


More seriously, I bet the insurance companies are wary of the murky numbers on recalls, problems we don't know about yet, and Elon's practice of beta testing hardware and software on an unsuspecting populace.

Maybe the cybertruckers can whine to Trump that they are being discriminated against by insurers.

[AZJonnie]

16. Joke will be on them, Trump doesn't like Elon any more

So, because everything in his world revolves around his petty personal grievances, I suspect Trump won't lift a finger to help these owners.

Which will be one of the first times I agreed with him on something.

[Demovictory9]

17. Our Tesla Cybertruck Test Ended With a $58,000 Repair Bill

Our Tesla Cybertruck Test Ended With a $58,000 Repair Bill https://share.google/yk9P3S2IH3K0lG48O


On December 11, 2024, our Cybertruck was parked on the street outside of a restaurant in West Hollywood when a compact sedan blew through an intersection and crashed into the Tesla's driver's side rear wheel and bumper. As you can see from the photos, there was significant damage to the wheel, tire, stainless steel panel and bumper, to say nothing of the dozens upon dozens of innards that were broken in the process. The impact was hard enough to push the 6,660-pound Cybertruck partially up onto the curb, and part of the rear axle had actually broken off and dropped onto the ground, which gouged into the pavement as the Cybertruck was dragged onto a tow truck.

Then came the headache
Ordinary body shops were unwilling to touch the Cybertruck. We had to use a Tesla shop, and it had to be specially certified to work on the Cybertruck's stainless-steel body. Of those, only two were within a 50-mile radius of Los Angeles, the most Cybertruck-dense population on the planet.

The first shop in Huntington Beach quoted a one-month wait just to get an estimate. And if we wanted to proceed with repairs, we'd then have to wait six more months. The reality of this situation: We'd have to tow our undrivable truck to Huntington Beach, get the estimate, tow it away and store it someplace for five months, then tow it back to be fixed. That was a no-go.


Two months after the accident, we finally had a visual estimate. To tear the Cybertruck down for a thorough inspection cost $1,128, and the resulting quote totaled $57,879.89 to repair our truck. The value of the truck unblemished was $86,160. So, after all that, our Cybertruck was considered a total loss.

[AZJonnie]

15. Those seem more like reasons to never buy one of those POS 'trucks' than for ins co's to refuse to insure

Now that I think on this more, maybe it comes down to ins. regulations not letting these insurers charge what they need to in order to profit from insuring it? And if the state requires them to offer a collision plan that includes a rental car (I don't know if that's a thing but seems like maybe?) that could also have caps on what they're allowed to charge for that option, if so that changes things.

In the end Elon will threaten to sue any company that won't insure his lame-ass truck , and they'll probably fold.

[Demovictory9]

18. Our Tesla Cybertruck Test Ended With a $58,000 Repair Bill

Our Tesla Cybertruck Test Ended With a $58,000 Repair Bill https://share.google/yk9P3S2IH3K0lG48O


On December 11, 2024, our Cybertruck was parked on the street outside of a restaurant in West Hollywood when a compact sedan blew through an intersection and crashed into the Tesla's driver's side rear wheel and bumper. As you can see from the photos, there was significant damage to the wheel, tire, stainless steel panel and bumper, to say nothing of the dozens upon dozens of innards that were broken in the process. The impact was hard enough to push the 6,660-pound Cybertruck partially up onto the curb, and part of the rear axle had actually broken off and dropped onto the ground, which gouged into the pavement as the Cybertruck was dragged onto a tow truck.

Then came the headache
Ordinary body shops were unwilling to touch the Cybertruck. We had to use a Tesla shop, and it had to be specially certified to work on the Cybertruck's stainless-steel body. Of those, only two were within a 50-mile radius of Los Angeles, the most Cybertruck-dense population on the planet.

The first shop in Huntington Beach quoted a one-month wait just to get an estimate. And if we wanted to proceed with repairs, we'd then have to wait six more months. The reality of this situation: We'd have to tow our undrivable truck to Huntington Beach, get the estimate, tow it away and store it someplace for five months, then tow it back to be fixed. That was a no-go.


Two months after the accident, we finally had a visual estimate. To tear the Cybertruck down for a thorough inspection cost $1,128, and the resulting quote totaled $57,879.89 to repair our truck. The value of the truck unblemished was $86,160. So, after all that, our Cybertruck was considered a total loss.

[AZJonnie]

20. Right, I know, I'm just saying normally the ins co's just charge a lot higher premiums for vehicles

that are expensive (and/or require exclusive facilities) to repair. I feel like there is maybe more to the situation than just the repair cost issue if they are outright refusing to write policies for this particular vehicle. Could be totally wrong, won't be the first time

[BoRaGard]

13. "Ha ha. Suckers and losers." - Musk (r-billionaire bro)

[Torchlight]

21. Hype can often be expensive to maintain.

Elegant economy may not be very glitzy... rather utilitarian in fact, but it does tend to cost less than the garish alternatives in the long run, and really doesn't need the Consumer Rationalization Add-On Kits the newer ones come equipped with.

[flvegan]

22. Oh no!

Anyway.

[sakabatou]

23. Ah, Jeremy Clarkson.

[flvegan]

25. Rec for

not being as lazy as I am and actually posting the gif.

[sakabatou]

24. The Cybertruck has so many goddamn flaws, it should never have been sold

[odins folly]

27. All I have to say about these owner and their "trucks"

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAJAJJAAH