A report from the London Stock Exchange indicates that careless drivers are paying more in car insurance than those who obey traffic laws. 

Research conducted by Confused.com, and published in the London Stock Exchange report, shows that increased fees of up to 60 per cent may be added to a motorist’s car insurance in conjunction with penalty points, even if the acts are classified as minor infringements. 

"While speeding is a tempting option for some, we would advise our customers to think carefully before making poor driving decisions,” said Carlton Hood, chief executive officer of Confused.com, in the London Stock Exchange report. "Saving two minutes on your journey time by skipping a red light or driving over the speed limit not only endangers yourself and others around you, but you are risking a large fine, a tarnished licence and potentially higher insurance premiums." 
 
Confused.com has found that these additional fees work out to £370 more a year in car insurance costs. Younger motorists with penalty points can expect to be hit even harder by the insurance hikes, with a reported 92 per cent increase in premiums when they accumulate six penalty points on their record.