Brits pay the price for speed cameras
The massive increase in the number of speed cameras in Britain costs drivers a collective £144.6 million every year, according to new research.A study commissioned by swiftcover.com reveals that there was a 26 per cent leap in the number of speed cameras on the country's roads between 2005 and 2006. This has led to a £700,000 increase in fixed penalty notice fines.One in twelve motorists received a fine, meaning nearly two million fines were collected by the authorities, equalling a total payout of £114.6 million last year.Furthermore, the result of more people speeding meant that insurers increased motor insurance premiums by £30 million in 2006.Despite this, the fines do not seem to be having an effect on drivers' attitudes, with 40 per cent of motorists believing that speeding when the roads are relatively clear is not dangerous.Yet motorists should be concerned that speeding convictions will be hitting them in the pocket, Andrew Blowers, chief executive at swiftcover.com warns.He says: "Motorists are not only forking out more than ever before in speeding fines but are also fiscally penalised twice through increased car insurance premiums following a conviction."
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