Does the color of a car affect insurance?

Asked by: Jackson D'Amore PhD  |  Last update: February 11, 2022
Score: 4.2/5 (26 votes)

You may have heard red cars are more expensive to insure. But, according to the Insurance Information Institute (III), the color of the car you drive does not affect the price of auto insurance. Here are some of the factors that help determine your auto premium and what to look for when shopping for car insurance.

What color car is most expensive to insure?

Though car color usually will not have an impact on your car insurance rates, white, black, blue, and red cars are usually more expensive to purchase across the board as they are very popular colors. Popular car colors may be more expensive as the demand for them is higher.

Does the color of a car affect the price?

Color can affect resale price both negatively and positively. The general rule of thumb when looking to buy a new car that you plan to sell in a few years, is to pick something a neutral. Black, silver, white, and gray are generally the best bets for any car.

What colour car has the lowest insurance?

What Color Cars are Cheaper to Insure?
  • White: 29%
  • Black: 19%
  • Gray: 17%
  • Silver: 11%
  • Blue: 10%
  • Red: 9%
  • Brown/beige: 2%
  • Green: 1%

Do yellow cars have higher insurance?

No, car color does not affect insurance rates. Whether your car is yellow, black, silver, or any other color, your car insurance will not be affected as car insurance companies don't even know the color of the car you're driving.

Car Insurance : Does the Color of a Car Affect Insurance?

20 related questions found

What color car makes insurance go up?

You may have heard red cars are more expensive to insure. But, according to the Insurance Information Institute (III), the color of the car you drive does not affect the price of auto insurance.

What is the safest color for a vehicle?

We've referenced the safest color car on the road. That color is white. White cars are 12 percent less likely to be involved in an accident than black cars at any time of the day under any conditions. This is because there is often a lot of contrast between white cars and its surroundings.

Do you have to tell insurance if you paint your car?

When it comes to car insurance, your insurance company will consider your car to be in the same condition that you bought in its original form, so if you get a customized paint job added to your vehicle and want it to be covered in case of damage, you should notify your insurer.

Are yellow cars cheaper insurance?

Yes and no. You'll often hear people say that certain car colours are more expensive to insure than others. Red and yellow cars, for instance, are often labelled as "risky" and therefore attract a higher premium. ... The colour of the car you buy from a dealer isn't factored into the price you pay for insurance.

What's the cheapest color to paint a car?

Color: Choosing a mainstream color like black, white, or gray is the cheapest way to go. If you want a specialty color, especially one used by a premium automaker, you'll pay more.

What color car holds value best?

If you want a vehicle to hold its value, buying a model in white, black or silver is a safe bet. Or, if you are more adventurous, yellow and orange can be even better — if also bolder — choices.

What color car has highest resale value?

Overall, yellow is the vehicle color that holds its value best, depreciating 45.6 percent less than the average vehicle.

Which color car has more resale value?

Coming to the Honda City, which has been among the most popular mid-size sedans, it has been noticed that the silver colour shade commands the highest resale value. The next most popular colour shade among buyers is the Red, which is followed by White. Black is the poorest when it comes to minimizing the depreciation.

Do yellow cars get pulled over more?

The urban legend that red cars get pulled over more has persisted for years. ... It turns out that there is a color that gets pulled over more than others, but it's not red. The vehicle color that gets pulled over more than any other color is actually white. However, red does come in second place.

Why is the color red more expensive on insurance?

The reason that red doesn't result in a car insurance premium increase is a simple one: There's no statistical data that indicates red cars get into more accidents. In fact, there's no specific correlation between a car's color and the accident risk, so color shouldn't affect auto insurance premiums.

Which is the best colour for car?

In the world of best car colors, you can count on the old standbys that never go out of style. White, Black, Gray, and Silver continue to top the list of best colors for cars.

Are GREY cars more expensive to insure?

Yes, it can! The reason colour affects the cost of car insurance is some colours and paints, like metallic and pearl shades, can be costly for the insurer to replace or repair. They also cost more and affect the value of your vehicle. That being said, the answer isn't entirely black and white.

Should I change my car color?

A change in color can drastically affect a vehicle's resale value, usually in a negative way. No matter how ugly your color was, to begin with, a repaint with color change will almost never increase the value of the car. In the case of higher-dollar or antique vehicles, the value can suffer as much as 20 percent.

Does adding a spoiler increase insurance?

Not all modifications will affect the price you pay for car insurance. Changes are only likely to increase your insurance if they increase 'risk'. ... Engine upgrades, spoilers and bumpers are all examples that could make your car riskier and mean you'll pay higher premiums.

How do I change the color of my car legally?

You first have to take your RC book, along with the color shade sample, to your RTO (better take it to the RTO office, that issued your RC book). Get a letter of approval from the RTO for the color and go to your work shop. 3) Get your vehicle painted in the same color for which you got your approval.

What is the most unlucky car colour?

Yet again, Green has been voted the unluckiest colour for cars, racking up 36% of votes in a recent poll conducted by Be Wiser Insurance.

What color stays the cleanest on a car?

What Is The Best Car Color To Keep Clean? Beige, light blue, light gray, and silver are the best car color choices for those who want to keep their vehicles clean. In addition, white paint can hide dust and debris well. But, dirt that accumulates can be tough to hide on a white car.

What color car is easiest to maintain?

Green is a relatively easy car colour to keep clean because it hides dust and dirt quite well, as well as mud splashes on the lower sections. Green is an easier colour to keep clean than black, or other dark colours, but shows imperfections more easily than white, grey, and silver.

Does age of car affect insurance?

Once young drivers gain more experience and hit age 25, their car insurance costs drop about 30%. Costs continue to generally decline with each birthday. Once drivers reach age 50, they'll see their best rates. Around age 60, however, auto insurance costs begin to increase and compare to what drivers see in their 40s.

Are yellow cars more expensive?

If you're selling, it's best to have a yellow car. Due to the color, it's known to depreciate the least after three years. ... Since yellow cars are more expensive, the average time on the market is about 41.5 days.