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Swedish insurer launches innovative traffic violation insurance with good intentions
According to a Reuters report on August 11, a Swedish company has recently introduced a violation insurance specifically designed to assist drivers penalized for speeding or illegal parking in dealing with their fines. This Swedish enterprise is called Biso Company. Any Swedish driver can simply register on the company’s website, then pay an insurance premium of 850 Swedish kronor to receive a waiver for three speeding fines. If the driver is willing to pay additional insurance fees, they can also enjoy coverage for penalties related to illegal parking.