No, though the myth is out there and about 25% of people surveyed believe it, auto insurance companies do not consider the color of your automobile when determining your insurance premium. Many people have the misconception that red or silver cars cost more to insure than white or tan ones. This is not true; the type of vehicle underneath the silver or red color may affect your car insurance rates but not the actual color of the vehicle.

Some factors that insurers consider include your age, the kind of vehicle you drive, your claims history, in some states your credit history and your driving record.

See the lists below for a more comprehensive list of factors that various insurance companies may take into account when determining rates.

General factors:

• Your age
• Marital Status
• Gender

Factors you CAN change that impact your auto insurance rates:

• Accident claims
• Geography
• Driving violations
• Your vehicle
• Credit rating
• Occupation

Other potential factors that go into determining premiums:

• Years of driving experience
• Miles driven per year
• Distance to work
• Business use of the vehicle
• Whether or not you currently have auto insurance
• Theft protection devices (often results in discounts and doesn't affect rating, but it affects the price)
• Multiple cars and drivers (another opportunity for discounts and doesn't affect rating, but it affects the price)

If you are ready to get an affordable insurance quote for you vehicle, start here with us.