do red cars cost more to insure

You’ve likely heard the age-old belief that a flashy red car comes with higher auto insurance premiums. It’s a persistent piece of car lore that has made many potential buyers think twice before choosing that brilliant crimson paint. But is there any truth to this common assumption, or is it just a myth that has been passed down through generations of drivers?

When it comes to the question, do red cars cost more to insure, the answer is surprisingly straightforward. Let’s clear the air right away and look at what insurance companies actually consider when setting your rates.

The Real Factors That Determine Your Insurance Bill

Insurance providers are businesses driven by data and risk assessment. The color of your car does not appear on the forms they use to calculate your premium. Instead, they focus on concrete factors that are proven to correlate with the likelihood of a claim. Your driving record, including tickets and accidents, is a primary factor. Your age, location, and even your credit history in some states can significantly influence the cost. Most importantly, the car itself is assessed based on its make, model, engine size, safety features, and, crucially, its overall cost to repair or replace.

So, Where Did the “Red Car” Myth Come From?

The myth likely stems from a correlation that people mistakenly see as a cause. It’s possible that certain types of cars, like high-performance sports cars, are more frequently manufactured in bold colors like red. Since sports cars are indeed more expensive to insure due to their powerful engines and higher risk profile, the red color gets unfairly blamed. The car’s personality, not its paint, is what catches the insurer’s eye.

How to Actually Save on Car Insurance

Instead of worrying about the color of your car, focus on the elements you can control. Maintaining a clean driving record is the single most effective way to keep your premiums low. You can also ask your insurer about discounts for bundling policies, paying in full, or for having safety features like anti-lock brakes and anti-theft systems. When shopping for a new car, you can even call your insurance agent beforehand to get a quote on different models you’re considering.

In the end, feel free to choose the car color that makes you happiest. Whether you prefer a classic white, a sleek black, or a vibrant red, your paint choice won’t show up on your insurance bill. By understanding what truly affects your premium, you can make informed decisions that lead to real savings.