Can the color of your car impact your insurance rates?
Is this true that car colors can give you a higher or lower insurance rate? I heard having a red car can make your insurance higher than a car of a different color.
To determine a rate for a vehicle, car insurance carriers look at the vehicle identification number (VIN). This number tells insurance carriers what type of vehicle you have as well its history. The VIN does not specify color nor do insurance carriers ask for it on an application.
If you drive a sports car, it’s almost always going to be more to insure than a sedan. This is because sports cars are associated with higher risk activity, like speeding. It won’t matter what color the car is as carriers are only looking at the risk of owning it.
Jerry partners with more than 50 insurance companies, but our content is independently researched, written, and fact-checked by our team of editors and agents. We aren’t paid for reviews or other content.