Myth: Red cars are the most expensive to insure.
Fact: A red car will not cost an owner more green, contrary to what some drivers perceive. The notion that drivers of red cars pay higher insurance premiums is a myth for companies will likely not even ask the color of the car when working on the car insurance rates. This myth probably came from the idea that people who drive red sports cars are reckless. Companies, like Freeway Insurance, will be more interested in the year, manufacturer, model, body type, engine size, and age of the vehicle, when drawing up an insurance policy.
Owners who want to get a free quote for their cars can do so through FreewayInsurance.com.
Myth: Thieves prefer to steal new cars.
Fact: It is the other way around as statistics reveal thieves target older vehicles. According to the 2011 report of National Insurance Crime Bureau, the most stolen vehicles in the United States include:
- 1994 Honda Accord
- 1998 Honda Civic
- 1991 Toyota Camry
- 1994 Acura Integra
- 1999 Chevrolet Pickup
The reason older vehicles are likely to be stolen is because they are easier targets for thieves. Older vehicles are easier to break into and have less complicated security measures.
Whether driving a red sports car or an older vehicle, it is best to get insurance for your vehicle. Freeway Insurance representatives can help you. Visit this website to know more.
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