Is a neutral-colored car better for car insurance?

I used to have a silver Honda. I'm considering trading it in for a snazzier color. Will this raise my insurance rates?

Answer
“While trading in your vehicle for a new or more expensive model can affect your car insurance rates, the color will not be the determining factor.
Your vehicle’s make, model, and year will determine your car insurance rates. A newer vehicle will always cost more to insure than an older one based on its actual cash value. Insurance companies will charge higher premiums for a vehicle that costs them more to replace if damaged.
Since you’d like to trade your vehicle in, shop around for car insurance before doing so. By shopping around, you can see what the cost to insure your new car will be.
If you’d rather leave the hard work of gathering quotes to someone else, use Jerry. Jerry collects quotes from up to 50 top insurance companies and delivers the best deals to your phone in minutes for free.”
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Sophie Newman
Answered on Sep 15, 2021
Sophie Newman is a writer from California. Her hobbies include brewing her own kombucha, riding horses, and taking long road trips.
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