How Does Car Color Affect Insurance?
180 POINTSview profileNeil H. GrecoAgency Principal, Neil H. Greco LLC, New JerseyNowadays, car color does not have an affect on the cost of auto insurance. The things that will affect the amount you will spend are age of driver, residence location, driving history, insurance history, type of car, age of car, and cost of car. This is a very generalized list I gave you, and there are many other factors that go into the cost, but these are the most basic ones. I hope this helps you to better understand how the cost of auto insurance is formulated. Thanks for asking!Answered on June 27, 2014flag this answer
14231 POINTSview profileTom SheehanAgency Owner, The Thomas G Sheehan Agency, 27 Glen Road Sandy Hook, CT 06482Honestly these days, it really doesn't affect car insurance rates at all. There was a time many years ago when it was believed that a red car was a greater risk to insure than say a blue one. Insurance companies today use much more sophisticated data and formulas in order to determine rate-for-risk.Answered on June 27, 2014flag this answer
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