Does Having a Red Car Raise Your Insurance
Seeing a red car on the road may raise your insurance rates, but that doesn’t mean you have to avoid it. In fact, there are a few things you can do in order to minimize your risk and keep your rates as low as possible. In this blog post, we will explore some of the factors that can impact your insurance rates and how you can adjust your driving habits in order to keep them low. From obeying traffic laws to keeping a clean record, read on to learn everything you need to know in order to protect yourself and keep your rates down.
What is a Red Car?
Red cars are often associated with danger and controversy. But is this really the case? In short, no. In fact, having a red car may actually raise your insurance rates.
Red cars are often associated with danger and controversy. But is this really the case? In short, no. In fact, having a red car may actually raise your insurance rates.
There are a few reasons for this: first of all, people who drive red cars are generally considered to be higher risk drivers. This means that insurers are more likely to want to charge them higher premiums – no matter what the actual risk of accident might be. Second of all, red cars tend to stand out more than other colors on the road – which can lead to accidents happening more frequently in front of them. Finally, simply being in a red car can cause people to feel stressed – which can lead to reckless driving on their part.
The History of Red Cars
The history of red cars is long and colorful. The first recorded use of a red car was in 1879, when a French aristocrat named Jules Verne rode in an electric-powered vehicle called the Electrobat. A decade later, another Frenchman, Paul Delorme, made history when he drove a steam-powered car with a red top to win the first ever Paris-to-Copenhagen race.
In 1902, the Ford Motor Company began producing the Model T, America’s first mass-produced automobile. The car was available in two colors – black and light green – but only black was chosen for the body panels and trim. This decision may have had something to do with the fact that most Americans at that time were farmers who drove horse and buggy.
Only a year later, Henry Ford decided to add a color option for his car customers – red. And so it began…the custom of choosing one’s favorite color for one’s automobile would become entrenched in American culture over the next century and beyond.
Today, virtually every brand of car has at least one model available in red – from luxury sedans like BMWs and Jaguars to budget compacts like the Toyota Yaris and Honda Civic. In fact, it’s estimated that more than 50 percent of all cars sold worldwide are painted some shade of red!
How Does the Color of a Car Affect Your Insurance Rates?
Depending on the state in which you live, the color of your car can either help or hurt your rates. For example, in some states, having a red car may actually result in cheaper rates because statistically red cars are involved in fewer accidents. Conversely, other states may place a higher premium on cars with darker colors because they are more likely to be involved in accidents.
Before shopping for car insurance, it’s important to research your state’s specific rules about color and car insurance rates. And even if you’re not concerned about the color of your car specifically, it’s always important to keep updated on current safety and liability laws so that you’re fully aware of any potential implications.
Conclusion
Having a red car might not seem like the most dangerous thing in the world, but according to one study, it can actually raise your insurance rates. Researchers from Northeastern University analyzed data from over two million drivers and found that people with cars that are red or orange are three times as likely to have their rates increased. The study says this is because these colors are associated with danger and violence. If you’re concerned about how your red car might affect your rates, it’s best to talk to an insurance agent about your specific situation.
