do red cars have higher insurance

You’ve probably heard the rumor whispered at car dealerships and coffee shops: if you buy a red car, you’ll pay more for insurance. It’s a persistent piece of automotive folklore that has made many potential buyers think twice before choosing a vibrant scarlet or cherry red vehicle. But is there any truth to this common belief, or is it just a colorful myth?

When you start to wonder do red cars have higher insurance, the simple answer is no, not because of their color. Insurance companies are in the business of assessing risk based on data, not on myths or aesthetic preferences. The color of your car is not a question on any standard insurance application. So, what factors actually determine your premium?

What Really Drives Your Insurance Premium Up?

Insurers look at concrete, statistically relevant information to calculate your rate. Your driving record is a major factor—a history of accidents or traffic violations signals higher risk. The make, model, and year of your car are also crucial. A brand-new, expensive sports car will cost more to insure than a modest, used family sedan because it’s costlier to repair or replace. Even your age, location, and annual mileage play a significant role in the final quote.

Where Did the Red Car Myth Come From?

This myth likely stems from the association between red cars and high-performance sports cars. Think of iconic red vehicles from manufacturers like Ferrari or Porsche. These cars are built for speed and are often driven more aggressively, which leads to a higher likelihood of accidents and claims. It’s not the red paint that’s expensive; it’s the powerful engine underneath the hood and the driver’s behavior that insurers are concerned about.

How to Actually Save on Car Insurance

Instead of worrying about color, focus on factors you can control. Maintaining a clean driving record is the most effective way to keep premiums low. You can also ask your insurer about discounts for bundling policies, having safety features like anti-lock brakes, or taking a defensive driving course. When shopping for a new car, you can even check its insurance group rating beforehand to see how it might impact your rate.

In the end, feel free to choose the car color that makes you happiest. Your insurance company is far more interested in what you drive and how you drive it than the shade of its paint. By understanding the real factors that affect your premium, you can make smarter, more confident decisions.