Why is your insurance higher if you have a red car?
Asked by: Casey Corwin | Last update: November 7, 2025Score: 5/5 (39 votes)
Why is insurance higher for red cars?
The misconception that red cars are more expensive to insure might stem from the stereotype that red vehicles are often driven more aggressively or are more likely to be sports cars, which can be more expensive to insure. However, the color itself does not impact insurance premiums.
What color car has the highest insurance?
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. But that's actually a myth about how car insurance works.
Why do you have to pay more for a red car?
It is a belief that red cars are pulled over by police more than any other color because supposedly red stands out more than any other color. As a result insurance companies may charge a client more if they buy a red car.
What are the disadvantages of buying a red car?
While red does tend to be associated with less of a risk of accidents than black, grey, and silver cars, red cars have more accidents than many other colors. When compared with the safest color on the road, red cars have a 7 percent higher risk of an accident. Red is such a bold, vibrant color.
Does insurance cost more if your car is red?
What is the safest car color in Canada?
Colours such as black, white and silver. The reason is that these are safe colours nobody will be put off a car because it's black or white, but they might if it's green or yellow.
Is a red car harder to sell?
The top five car colors with the best resale value
Red (20.6% value lost over three years) White (21.9% value lost over three years) Blue (22.0% value lost over three years) Gray (22.5% value lost over three years)
How much does insurance go up for a red car?
As a red car owner, you may have heard that your vehicle's color could lead to higher insurance premiums. However, the truth is the color of your car, even if it's red, doesn't impact your insurance costs. Most insurers don't even ask about your car's color when determining premiums.
Do red cars depreciate faster?
Other bold colors, like orange, purple, and red, also had slower depreciation rates than common colors. The simplest explanation is that there's a smaller supply of vehicles with these colors compared to the demand for them in the used car market.
Are red cars stolen more often?
That's important to thieves, so they pick the popular colors. A very bright color such as yellow is probably as effective as an expensive security device in discouraging thieves, Vollaard says. Red, orange, brown and green vehicles are probably less likely to be stolen, too, he says.
What is the best color car to avoid accidents?
Overwhelmingly, white is considered the safest car color with the lowest risk of being struck. According to one study, white cars are 12% less likely to be in a crash than black cars, even during the day.
What cars are cheapest to insure?
What cars have the lowest insurance rates? Typically, compact SUVs with high safety ratings and low MSRP have the lowest average insurance rates. Vehicles like the Subaru Outback, Honda CR-V and Toyota RAV4 all fit this model and have some of the lowest average premiums out of all the vehicles Bankrate reviewed.
What is the number 1 car color?
White is the overwhelmingly most popular car color in 45 of 50 states, while black is the most popular in the remaining five.
What is red car theory?
“The Red Car Theory” suggests that by actively seeking out opportunities and being open to new experiences, we can improve our chances of achieving personal growth, success, and fulfillment in different areas of our lives.
Do red cars really get pulled over more?
The truth is that red cars might get pulled over slightly more often than other cars, but it has nothing to do with the color. The behaviors that are likely to get you pulled over in a red car are equally likely to get you pulled over in a white car or a grey one.
Are older or newer cars cheaper to insure?
In general, auto insurance for older cars may be cheaper than insuring newer vehicles of the same make and model if the used car is cheaper to repair or replace. A car depreciates in value over time, which lowers the maximum amount an insurance company would have to pay in the event of an accident.
What are the disadvantages of red cars?
Cons: Like black, red cars tend to showcase dirt, dust, and scratches. Water spots and imperfections are more visible on red than on lighter shades. Oxidation also arguably looks the worst on red paint. Even more so than black, faded red color is incredibly obvious to the eye.
What color car is the hardest to sell?
It's advised to avoid re-spraying your car in unpopular colours. Cars with uncommon colours like yellow, pink, gold and purple aren't likely to sell as there is little demand from car buyers.
What color car gets stolen the most?
According to the National Insurance Crime Bureau, black, silver, white, green, and gold cars are the most stolen. Many of those car colors blend in better than others.
What color car is most expensive to insure?
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.
Do sports cars have higher insurance?
Car insurance costs vary widely based on a vehicle's make and model. Sports car owners are likely to pay a higher premium for auto insurance. The steeper cost for sports cars is due in part to the fact that auto insurers recognize that sports cars have a higher risk for: Collision damage.
What color makes a car look expensive?
What colour makes a car look expensive? Black, silver, and dark metallic blues, reds, and greens are popular choices for giving a car a classy, expensive look.
Are red cars cop magnets?
People tend to think that the police pull red vehicles over more because they stand out, but this is a myth!
Is it hard to maintain a red car?
The Most Difficult Colors
To keep your car looking nice, you'd need to have it cleaned at least once a week to prevent dirt and dust from building up. Red is another difficult color specifically because it is so difficult to keep from fading in the sun.