Red cars are the coolest cars that everyone needs to have it. It is one of the cars that have the most myths and misconceptions. Today we are going to talk about Red Sports Car Insurance, there has many points which provides help to buying car insurance online and increase your knowledge also.
Young male drivers are the target market for the red sports cars.
Have you ever heard someone saying that a red car insurance is more expensive than others? This saying does not have any truth in it. Red cars are only expensive when buying but not when insuring it.
Are red cars expensive to insure?
This question has been asked by many people about red cars insurance. Many people are making decisions that are miss informed about their insurances.
The car colors insurance rate is equal for all the cars with different colors. An insurance company does not charge you anything extra according to the color of your car. They will only ask of the age, brand and maybe the age of the driver but the color is not among the list of determining the insurance rate of a car. Insurance companies are blind to colors.
Becerra who owns an insurance company says that the color of the car may not directly affect the car insurance rate but will have an indirect effect. This is because there are some statistics that support this myth by saying that this red cars tend to get more tickets compared to other vehicles because they are considered to be cool and are purchased by the young male generation (the red sports cares to be specific) and tend to drive them a lot which will cover a lot of miles at a go increasing their number of tickets leading to high insurance rates and because of this the drivers of these red cars will pay more for the red car insurance because they will be having more tickets on their driving records.
Red cars are prone to road accidents compared to the black and grey cars. The market is targeting the young males who love the red sports cars a lot. These young drivers are careless and most of the time are found over speeding thus have high chances of being involved in an accident. The accident rate of a car in the roads will increase the car insurance rate. Thus red car insurance is high basing on this factor
Myths and misconceptions about the red cars
The red cars have a lot of myths in the market. This are:
- Insuring a red car is expensive
This myth is the one that is most spread in the market. A research that was conducted showed that 29 percent thought that red cars insurance expensive while fifty four percent believe that it is high for those cars with two colors. This is not true because an insurance company color blind. The color of your car does not matter at all. It will only be expensive if we consider it with the fact that it is being loved by the young males (specifically the red sports cars) whereby they will be driving them more often and drive them recklessly in high speeds which will increase their millage thus more tickets which will increase their insurance rates and accidents will increase the insurance rates too.
- They are prone to theft
Red cars are popular and are believed to be prone to theft. This is because things that are popular many people want to have them and if they cannot afford then they will be forced to still and the red cars insurance are one of these things.
- Red cars are expensive
Bright colored cars are considered to be cooler than dark colored cars and this will increase heir price in the market. Because they are considered cool cars many people will buy them making their demand to be high thus causing their prices to hike. The red cars fall in the category of cool cars thus making it expensive.
- Red cars are easily pulled out
Many red car drivers have complained that they are often being accused by police officers that they are over speeding. This is because the red cars seem to be moving faster than other cars and are easy to be noticed.
Generally red care are the best. AL thought they have false myths and misconceptions many people still buy them especially the young male generation that has the love of the red sports car insurance. The red color does not affect the red car insurance directly thus do not be afraid purchasing it. Though depending on who is using the red car there might be indirect influences in the insurance rate. If the driver is a young star who will always like showing off in his car will cover a lot of miles thus will have more tickets which will lead to the red car insurance being high. But if it is a responsible person driving the car the insurance rate will just be similar to those of other care.