Is Insurance Higher On A Red Car? 
Many years ago , underwriting and risk analysis that was employed by insurance companies was much less sophisticated than it is today , so there was a time that the color of a car or the number of it 's doors or if it was a convertable may have had an impact . Not today , however . Statistical analysis and risk evaluations have become much more in depth and as such , more accurately reflect the pricing for a given rist that an insurance company is willing to take on . Today , though the color of a car may not matter , one 's credit score very well may . In addition , companies now have millions of data elements for any particular type , year , make and model of a car that they did not have back in the day . 