Does a color of a vehicle cause insurance to be higher?

Question

The reason I asked is because I have heard that red cars have higher insurance.

Answer 1

Think back to the questions they asked you when you got insurance. Name, address, type of car, mileage, address it's parked at, driver's license number...

Did they ask you the color? No, they did not. Why not? Because it doesn't matter. Anyone who tells you red cars cost more to insure has absolutely no idea what they are talking about, so don't listen.

Answer 2

This is an old and tired myth, but it will still be around 50 years from now, I wager. Colour doesn't matter. Now, a new red Corvette convertible will cost you more to insure than a new Malibu of any colour. Insurance rates, for the car, are based on the make and model. Then you factor in your age, and driving record, and finally what you use the car for. I am an insurance broker, and I don't care what colour new car (or at least new to you) you have until I actually establish ownership, register it and issue plates. The colour is an identifier of the vehicle, not the rate group.

Answer 3

I've heard red cars have more expensive insurance, but after working in the insurance industry I have to say no. I work for a major insurer, wrote thousands of policies, and never once asked the color of the car. When I've shopped around for my own insurance, I've never once been asked the color of my vehicle. I am amazed to hear people claiming they know for a fact it costs more because from all of my experience of being "on the inside," I can assure you there is no insurer that I've even heard of that charges more for the color vehicle you drive.

Answer 4

Most insurance companies do not even know what color the car is. Have you ever had an insurance agent ask the color of the vehicle?

The color of a vehicle does not matter when it comes to insurance!

Answer 5

Not really, but generally a red car gives the idea of sporty car which cops probably give more speeding tickets to than any other color, well, yellow might be another color..
So, red is more prone to be noticed, but I not sure on how insurance company use the color to base their fees.
By the way, all they need is the VIN number which tells what car, model, year, color and little things like that.

Answer 6

that may be a highly debatable question.
One would think that a bright easy to see color, would make the vehicle easier to see coming., and that may hold true, but no matter what the color, the driver has a part in this as well.

If you are a young new driver, your insurance will be high.

If you have been driving for a while, with out accidents, your insurancemay go down.

Answer 7

except you are able to coach negligence on the pallets/homestead proprietor, you're maximum suitable, you're at fault. in case you went by way of your coverage they could in basic terms pursue the homestead proprietor in the event that they have been negligent. except you are able to talk over with some statute, or HOA regulation, prohibiting something different than a automobile from being in the line...you're on your guy or woman. the solid situation nevertheless is a toddler isn't in touch and has no bearing in this; the information are the information. Pay to your upkeep out of pocket in case you are able to and shop your self the headache.

Answer 8

I've heard that red cars are more likely to be stolen or to get into accidents so the cost of insuring them is higher...

Answer 9

i heard red cars have higher insurance

Answer 10

Yes it absolutely does. I had lower premiums when I had a white car, now that I drive a red car, my insurance almost doubled. Dont let people laugh and tell you it isnt true, because it is. Some colors are considered to be more sporty.