Auto Insurance For Traffic Tickets?

We wonder what type of loss reserves Terrence Boyd has for his company. According to Ken Belson of the New York Times Mr. Boyd's company, "Ticket Assurance," for $15.95 per month, will pay up to $1,000 in moving violations and $500 in non-moving violations. Two driver and family plans for $24.95 and $29.95, respectively are also available. Individual tickets cannot exceed $350, and there is no insurance for felonies, drinking and driving, and reckless driving violations.