Red Cars Are NOT More Expensive

Category: Money

You may have heard the common car insurance myth that owning a red car is more expensive than other cars. Luckily for all red car lovers out there, this myth is completely and utterly untrue!

When an insurer calculates a premium rate for car insurance, they’re not going to consider the color of your car. They’re only really concerned with the make and model of your car and its engine capacity.