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Drivers may end up having to pay more for their car insurance as a new poll has revealed that 19 per cent admitted they speed at least once a day.

According to the survey by the Co-operative Insurance, a further 23 per cent said they speed at least a couple of times a week.

Although there are speed cameras on the UK's roads many drivers said they do not feel that the current system will catch them going over the limit. Many reported slowing down to go past cameras and then continuing to drive quickly.

David Neave, director of general insurance at the Co-operative Insurance, said that "people often don't think about the dangers of driving a few miles an hour over the limit", however it can "mean the difference between having a safe journey or a collision".

According to Neil Faulkner, writing for Fool.co.uk, insurance premiums are likely to rise over the next year. However, in 2007, figures show that insurers made a loss on car cover policies for the 13th year in a row.

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