Insurance Rates By Color Of Car

Does car color affect insurance rates.

Insurance rates by color of car. Your car color does not affect insurance rates. It makes no difference. Not just relevant stats about your car like vehicle age mileage or even type of engine but information about you your age where you live your driving record.

As an example michigan uses a unique no fault insurance system that in many ways is responsible for its high premiums. In the end the only factors influencing your car insurance premiums are the year of the vehicle make model body whether the car is new or used how many miles you drive annually your driving record and your age. A lot of people believe that the color of their cars affect the amount of their car insurance premiums.

Some drivers are convinced that lighter or brighter colored cars will keep them more visible and thus make them safer on the road. In reality however not only does color have nothing to do with car insurance rates a particular model s risk isn t determined by the number of tickets its owners receive. There are many other risk factors that actually do matter when insurance companies calculate your rates.

Research on car colors and crash rates. Monday february 15th 2010. In fact when insurance companies get the information for your car it s typically through the vin or vehicle identification number.

Please note the table is sorted by star rating highest to lowest followed by provider name alphabetical. The safest car color. If you re considering car insurance policies the comparison table below displays some of the policies currently available on canstar s database for a 30 39 year old male seeking cover in nsw without cover for an extra driver under 25.

Although insurance providers around the world dispute that the colour of a vehicle has any implications on cost of insurance premiums. Not only does color have nothing to do with car insurance rates a particular model s risk isn t determined by the number of tickets its owners receive. 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.