Tesla launched its own car insurance. These drivers say it’s a lemon: ‘absolutely ridiculous’

Opinions expressed by business contributors are their own. In a recession, it can be difficult to keep up with the rising costs of owning a car. The average American will pay 17% more for car insurance in 2022 than in 2020, and costs are driving Americans to extremes to save money. It may be tempting…

A federal judge has allowed a lawsuit against Geico Corp. proceed as a class action. Geico overcharged more than two million drivers in California for car insurance in the early months of the COVID-19 pandemic, it claims. At the beginning of the pandemic, some of the strictest quarantines were introduced. This led to forced changes…