Do red cars cost more to insure?

Are you thinking about getting a fire-engine red car, but you’re worried about your car insurance rates? Everyone knows that red cars cost more to insure than other cars, right?

Wrong. Well, not wrong that a lot of people think that. They do. But it’s wrong.

This is an insurance myth. Red cars don’t cost more to insure than silver cars, blue cars, green cars, gold cars…You get the point.

The theory is that the type of person who really wants a bright red car will be the type of person inclined to do, well, stupid things, like drive like a maniac. Or speed. Or, you know, just be a general daredevil. Red does make quite the statement, but if you’re looking at a certain car, getting it in red versus another color isn’t going to hurt your insurance rates.

So, go for it! Get that shiny, pretty red car that you’ve always wanted. Fear no retribution from insurance for your choice. Your premium won’t judge you for the color car you choose. Just, you know, for other stuff like your driving record.

The truth about this one is that insurance companies are more concerned with the year, make, model, engine, and safety of your ride than the paint job. They want to know more about the vehicle itself and what makes it go, not the color paint it has. There are other factors that can have an effect on your car insurance rates, such as:

• Where you live
• Your age
• Your driving record
• What you use the car for/How much you drive
• The discounts you qualify for

It’s kind of funny how these myths can persist. Who knows how the “red cars cost more to insure than other cars” thing got started? We hope that it hasn’t held you back from getting the car you really want. That would stink. ’Cause, you know, it’s not true.

If you’ve already purchased that (slightly boring) silver car but you really wanted it in red…well, there is such a thing as trading it in?

Get started with insurance quotes for your car (whatever color paint job it has) by filling out our online form or giving us a call. Do you hate forms and talking on the phone? No prob – send us a LiveChat message.