How about that, any American company going to offer the same thing? link Sure, I was speeding, officer -- I'm insured! Wed Aug 10,11:22 AM ET STOCKHOLM (Reuters) - Tired of parking fines and speeding tickets? A Swedish company offers insurance against both, claiming to be the first in the field. ADVERTISEMENT Swedish drivers who register with the Bisso company at the Web site www.bisso.se and pay an annual fee of 850 crowns ($112) are covered against three speeding tickets a year, as long as they are not more than 30 km an hour (19 miles an hour) above the limit. For an extra fee, drivers can buy cover against parking fines. Fines in Sweden, which has one of the best road safety records in the world, range from 800 to 2000 crowns for speeding and 425 to 700 crowns for parking offences. "We believe drivers are under economic pressure and there is no room in household budgets to pay fines. We offer economic protection," said Dan Glimmeras, head of marketing at Bisso. He told Reuters insuring against speeding fines was not illegal, but repeat offenders could still lose their license. Several thousand people had signed up for the insurance since May, Glimmeras said.
Very interesting. In this country, the tickets aren't too costly...but the raise in insurance rates end up being more costly. If speeding tickets cost >$500 here, then perhaps something like this would be viable.
Somebody didn't do their math. According to that, Speeding tickets in Sweden cost $105-263. Nowhere near $500, yet.
I could care less about the fines. Give me an insurance that takes the points off. Those haunt your driving record and insurance rates for years.
You do realize many counties in many states will let you get off without a record if you pay a bigger fine? I have done it once and paid 60 extra bucks!
