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GEICO, the second-largest vehicle insurance underwriter in the US, has decided it will no longer cover Tesla Cybertrucks. The company is terminating current Cybertruck policies and says the truck “doesn’t meet our underwriting guidelines.”

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[-] danc4498@lemmy.world 37 points 9 hours ago

Class action lawsuits are gonna be a mother fucker

[-] partial_accumen@lemmy.world 57 points 9 hours ago

Class action lawsuits are gonna be a mother fucker

Part of the purchase agreement of a Tesla agreeing to binding arbitration. This means no class action suit. You can opt out of this within the first 30 days, but you have to send a letter requesting it.

How many Tesla owners do you think do that?

[-] catloaf@lemm.ee 31 points 8 hours ago

That assumes the court finds that enforceable. Usually they do, but a few times recently, they've said it's not.

[-] gramie@lemmy.ca 39 points 8 hours ago

That's one of the nice things about the law in Quebec. Binding arbitration clauses are illegal.

[-] grue@lemmy.world 2 points 7 hours ago* (last edited 7 hours ago)

Je devrais demeneger a Montreal.

[-] gramie@lemmy.ca 1 points 7 hours ago

*Je does

"doivent" is third-person plural (they, not I)

[-] grue@lemmy.world 1 points 7 hours ago

Whoops, I really meant "devrais."

[-] Lets_Eat_Grandma@lemm.ee 14 points 8 hours ago

I mean in trumps court of law musk can’t lose.

If dumpy wins, for sure no class action.

If dumpy loses, his Supreme Court will still side with the conservative side anyway, so probably still no class action.

[-] bluGill@fedia.io 18 points 8 hours ago

i don't own a tesla, so if their cars injure me I can sue them*

[-] Serinus@lemmy.world 8 points 7 hours ago

Steam recently removed their arbitration clause, largely because paying for a thousand arbitration cases is worse than dealing with a class action.

[-] locuester@lemmy.zip 12 points 6 hours ago

I’ve heard that death by 1,000 arbitrations is a good way to make em regret it. Glad to see it’s true.

[-] grue@lemmy.world 2 points 7 hours ago

Wow, I never thought I'd find an actual good argument for keeping independent car dealers as middlemen instead of allowing first-party sales, but here we are.

[-] ayyy@sh.itjust.works 1 points 6 hours ago

Can you connect the dots for me? Third party dealers always have idemnity? clauses anyways.

[-] grue@lemmy.world 1 points 6 hours ago

Presumably anything you'd agree to while buying from an independent dealer would be between you and the dealer, not you and the manufacturer, right? I don't understand how the manufacturer would be a party to the transaction.

(It might be that I'm naive about how modern car sales work.)

[-] ayyy@sh.itjust.works 2 points 6 hours ago

I’m pretty clueless too, but to me your assertion doesn’t hold up to the concept of recalls.

The true answer is probably that we’re both wrong and the answer is that as a consumer: you lose, fuck you. Also fuck your family dog.

[-] DancingBear@midwest.social 2 points 4 hours ago

John Wick enters the chat

[-] JiveTurkey@lemmy.world 1 points 7 hours ago

This didn't work for valve so I can see it also going poorly for Tesla.

this post was submitted on 06 Oct 2024
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