mqqn
Well-known member
Patrick said:This is an interesting point- I remember back in the late '80s and early '90s, there was a rumor that a policy was held by some insurance companies that a red sports car had a higher premium than the same sports car in another color.
Color theory, again. Red (to a western mindset) is an energizing, "hot" color. It attracts attention- so you can see why a rumor that red sports cars were more expensive to ensure than other colors could be easily believed.
-Patrick
Hi Patrick -
Since red is a popular color, and sports cars seem to be predominantly red (all corvettes are red etc...) , I could see how actuarily-speaking, it could cost more overall to insure a red car. Most Buicks, Volvo's etc are not red, I would think...
Also, a lot of accidents happen because someone is not looking or did not see the target of the crash - which would seem to nullify the color of the target vehicle as a factor in those cases.
I have a white truck, a red lumina, a blue corvette and a black corvette.
Only the red lumina has ever been involved in an accident, and it has quite a storied history...let's just say there is little of the body that is original from the factory.....
best regards -
mqqn