Had similar a while back as bird said muzzle if you going to treat it, mine was ripped off so I just kept it clean its fine now. If its split it could possibly harbour muck and cause infection I would probably pay the vet a visit mate.
Funny thing was the old boys with luminous belts and pan European Honda's were fecking fast as feck I struggled to keep up on my gsxr nutter b*****d?
Respect to em though taught me a thing or two..
When I rode bikes I ended up joining IAM (institute of advanced motorcyclists) and the rules were and still are for me 30 in a 30 40 in a 40 and as fast as you could safely ride in a national speed limit ( excluding motorways)
There is a threshold for most things you can claim for and a decent account will know exactly what the limit is and will claim for the max avoiding any investigations.