Quote:
Originally Posted by PhantomX
Myth. My dealership sells red cars all the time. One of the objections customers would usually have is "my insurance will be more with that color," then we'd have them call their insurance to verify, and they always say "no, not true." If you don't believe, I urge you to call your insurance right now to verify.
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Canadian but everything I can find says the same thing.
Myth No. 1: Red cars are more expensive to insure.
Twenty-nine per cent of those surveyed thought auto insurance premiums were more expensive for red cards while 54 per cent believe that to be the case for cars with two doors.
“Most people may not know it, but the insurance industry is colour-blind. It doesn't matter if your car is blue, red, striped or chequered, your insurance rate for that make, model, and age of the vehicle will be the same,” Henry Blumenthal, vice-president and chief underwriter at TD Insurance, said in the release.
There are other factors that will determine how much auto insurance you will pay, including how often you drive, your driving history and where you live.
http://www.theglobeandmail.com/globe...article551722/