I'll be honest, I haven't gotten a speeding ticket in 10 years (knock on wood).  However, I know lots of people that get an average of one speeding ticket per year and sometimes more than that.  That can add up to a lot of money.  So if you fit into the lead foot category and are constantly getting pulled over, then there is a light at the end of the speeding ticket tunnel.  Insurance!

iStockphoto

A company called Ticketsbite is now offer insurance for speeding tickets.

You get the ticket, you submit the ticket to Ticketsbite through their claim service and they pay your ticket.

In fact here is a list of tickets they will pay:

Speeding
Illegal U-Turn
Turn Signal Violation
Running a Red Light
Running a Stop Sign
Seat Belt Violations
Other Hazardous Violations

You can also get extra coverage for other tickets you can get inside a moving vehicle.

The pricing starts out at $8 per month for $400 worth of coverage of year.  The highest plan is $29 per month with $1450 in coverage per year.

So in all honesty if you are getting speeding tickets on a regular basis you might need this insurance.

They pay the ticket all you have to pay is your monthly premium.

Honestly, I cannot believe somebody did think of this sooner.

No if only they could keep the ticket off your record with out defensive driving.