There are many different things that can affect the cost of your insurance that you’ll want to know about. Even the color of your car can indirectly have an impact on how much you end up paying for your policy. The more you learn about these factors, the easier it will be to save money.
Your Car Insurance Provider Doesn’t Care About Color
The first thing that you need to know is that the color of your vehicle is not something car insurance companies care about. This means that it won’t directly affect how much you pay when getting a new policy. It is usually the case that these companies don’t even know which color their members’ vehicles are.
You will need to keep in mind that getting a custom paintjob for your vehicle will probably increase your monthly car insurance premium. While it is usually only by a very small amount, it is still something to keep in mind. Unless this is something that you really want, you should probably avoid doing it. Make sure that you contact your provider to see just how much your rate will go up before making a final decision.
Vehicle Color and Traffic Tickets
There is no question that driving a flashy vehicle automatically increases your chances of getting pulled over by police. Both the model and color of your car can affect the likeliness of this. A bright red or yellow car just stands out more than most others. The more visible you are on the road, the more likely it is that a cop will take notice of your mistakes.
Getting pretty much any citation for a moving violation is going to increase the amount you pay for your car insurance each month. There are some tickets that will cost you more than others when it comes to your insurance. For example, a speeding ticket won’t raise your premium as much as being arrested for driving under the influence.
Only the driver that received the citation will be affected with regards to increased insurance rates. This means that if you let someone else drive your car and they get a ticket, your rates won’t go up at all.
Does Vehicle Color Affect Driving Safety?
A 2007 study in Australia revealed that white cars were least likely to be involved in an accident. The same study found that darker-colored vehicles were far more likely to get into an accident. It is fairly logical that the more visible your vehicle is, the less likely you are to be hit by another driver while on the road.
Cars that are green, gray or silver aren’t quite as visible, so it is at least slightly more difficult for people to spot them. According to the research data we have so far, black cars seem to be the most likely to get into an accident.
If you want to decrease your chances of this happening, you should consider buying a bright-colored car. This also increases your chances of getting pulled over though. This is just one of those situations where you have to pick between the lesser of two evils. Some people would prefer to raise their chances of getting into an accident if it means being less likely to get ticketed by cops.
Other Factors That Affect Insurance Rates
There are several factors that can have a huge impact on your car insurance rates, including:
- Car model: The model of your car can definitely affect how much you pay for car insurance. This includes the number of safety features as well as the vehicle’s top speed. The fact is that some model cars are cheaper to insurance than others.
- Driving record: Your driving record also matters quite a bit when it comes to the rate you get. The more traffic tickets and accidents on your record, the more likely it is that you’ll have a relatively high rate.
- Your credit: There are some states where a person’s credit can impact their car insurance rate. The lower your score is, the more you will have to pay for your policy each month.
- Claims history: If you have filed a lot of claims with your car insurance company in the past, you’ll probably have to pay more.
- Age: Your age and the amount of time you’ve had a license are other things that car insurance companies take into consideration. Most people find that their rate starts to decrease once they are past the age of 24. This is assuming that the person has been driving since they were at least 18 years old.
Which Cars Cost the Least to Insure?
There are definitely some cars that are cheaper than others to have insured. Some of these cars include the Honda Odyssey LX, Jeep Wrangler Black Bear, Jeep Compass, and Honda CR-V LX. One of the reasons for this is because of all the safety features these vehicles include.
Cars that are built for durability tend to be cheaper to insure, so you’ll want to keep that in mind too. Most insurance companies love Jeeps because they are such sturdy and rugged vehicles. If you are in the process of car shopping, you should consider some of these options. Make sure that you get a better idea as to how much each one will cost to insure before making a choice.
The fact is that the color of your vehicle does not directly affect how much you’re going to pay for insurance. It can, however, make it easier for police to spot your vehicle. Getting pretty much any sort of traffic ticket will increase how much you spend on this insurance each month. There are lots of things that do directly impact the cost of your rates, including your driving record and the model of your car. Statistically speaking, those who drive darker-colored vehicles are less likely to get into accident on the road.