Probably not, according to Insure.com. Choosing a red car won’t mean higher insurance rates, either.
These are just two pervasive myths out there, according to the insurance-quote site. While new cars certainly do get stolen, professional thieves are much more likely to steal older models and part them out, and color is not considered when companies determine rates.
“I hope no one passed up the red Miata they really wanted because they thought the insurance would be more expensive,” says Amy Danise, editorial director of Insure.com.