I was charged with reckless when caught going 73 in a 40 earlier this year on GW parkway (it was 3 in the morning and I got lost and thought I was on the highway). Long story short I went to court without a lawyer and the charge ended up getting reduced to speeding probably because it was my first reckless charge.
Good luck with your insurance.
M3 is gone. Pretending to be a dad now with an X5...