Business Opportunities Weblog

Traffic Ticket Insurance

By on April 26, 2013 in Ideas

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Miami New Times:

Indian River County’s Ian Sidles, age 25, and Dustin Boring, 30, incorporated Pre-Paid Auto Club in August. The company provides “speeding insurance.” Pay dues starting at $9.99 a month, and when you receive a moving violation, the club takes care of associated fines, traffic school costs, and legal fees.

It’s like the Hair Club for Men. Sidles and Boring are not only presidents of the firm, but they’d also make good clients. Sidles says epiphany struck when he was nailed for speeding twice in a week. He says he was wrongly accused of blasting his Dodge Charger past a police radar gun at 90 mph in a 70 mph zone. (Besides two speeding tickets in Vero Beach, Sidles’s driving record also includes operating a vehicle without a valid registration and not wearing a seat belt.) “I told Dustin: ‘Dude, there should be insurance for this kind of thing,’” says Sidles, an IT guy who declined to name his regular employer because they don’t know about his new business.

Their speeding-insurance business model works like this: “Basic” members are allowed to submit claims every 60 days, there’s no limit for “premium” members, and the company won’t reimburse tickets for zooming more than 19 mph over the limit or violations in a school zone. “We don’t want to encourage bad driving,” Sidles explains. “But people make mistakes. We just want to take some of the burden off of drivers.”

Photo by Ernest R. Prim/ShutterStock.

crime insurance

Business Opportunities Weblog editor and publisher Dane Carlson lives in the Sierra Nevada mountains of California, just 15 miles from Yosemite National Park. He accidentally became a professional blogger in 2001. He has added 12,203 posts to the site.

Another Idea: How to Start a Insurance Agent Business

  • http://www.firstfound-blog.co.uk Andy @ FirstFound

    That’s a brilliant (and hilarious) idea!

  • Ralph

    How ’bout this? This idea was started in Oklahoma under almost the same name and has been running for the last 40+ years. It has grown into a nationwide network with traffic ticket help and a lot more from legal consultations on anything to will preparation, medical directives, lawsuit protection, IRS audit help, identity theft detection and repair and more. That’s brilliant, too. See the movie at wright01.net.

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