Insurance Color Of Car
Insurance Color Of Car. According to many insurance companies, including allstate, progressive, and farmers insurance red cars don’t cost more to insure. No, car color does not affect insurance rates.
So, the fact that there are more red sports cars out there, along with the tendency for sports cars to get higher insurance rates, leads people to believe that it's the color rather than the car that's jacking up their rate [source: The more expensive the car, the more it costs to insure · 3. While rates are not directly affected by color, a red car might draw more attention to itself by a patrol officer, causing higher rates of tickets, which does affect insurance premiums.
Cars That Are Built For Durability Tend To Be Cheaper To Insure, So You.
Rather, sports cars and other sleek vehicles are highly popular in the colors red, black, or silver. No one has decided to levy higher costs at black and red vehicles, while green and white ones are given a pass. Red is merely a popular color, which may have fueled the myth of higher insurance rates.
The Added Insurance Rate On, Say, Silver And Yellow Cars Is Not Rooted In The Colors Themselves.
Whatever colour car you drive, be sure to stay safe on the road! Car color and auto insurance. While rates are not directly affected by color, a red car might draw more attention to itself by a patrol officer, causing higher rates of tickets, which does affect insurance premiums.
If You've Ever Wondered Does The Color Of A Car Affect Insurance, You Might Be Surprised At The Answer.
Popular lore suggests that the color of your car affects your car insurance premium. Colors of choice for car thieves include silver, black, gold, and green but even these factors don’t affect your car insurance coverage. Each of the insurance companies in the table above charged more for silver, red, grey and black compared to white.
The Truth Is, Some Cars Are More Expensive To Insure Than Others, But This Is Based On Things Like The Age, Make And Model Of The Vehicle.
The colour of the car you buy from a dealer isn't factored into the price you pay for insurance. When you have a vast majority of drivers in red cars, it is likely that a handful of them will have factors that influence higher premiums, which only drives the myth further. Now you can drive that candy apple red convertible with an easy mind.
Depending On Which Colour The Car Is You Could Be Paying Over $10 Or $20 A Year More.
One of the reasons for this is because of all the safety features these vehicles include. According to many insurance companies, including allstate, progressive, and farmers insurance red cars don’t cost more to insure. But that's actually a myth about how car insurance works.