Is insurance really higher on red cars?
Experts say higher insurance on red cars is an urban myth. Insurance companies can determine risk on whatever factors they decide.
Answered -
About Insurance Companies
Insurance companies are often disliked until you need them. For example, if you are in an accident that is your fault, you would have to pay thousands of dollars of your own money if you didn't have insurance. Health insurance can also keep bankruptcy at bay. Insurance is a necessity in many cases.
More about Insurance Companies »
About Insurance
Insurance is used to protect someone's property/self from harm or damage and, if found necessary, the issuing company will give the person a check to cover the cost of the incident.
About Urban Myth
Urban myths are stories that are passed quickly via word of mouth and, increasingly, by the internet. Usually they have enough truth in them that they sound plausible. Many people use urban myths to propagate scams on the internet by getting people to forward the story to all of their contacts. Then the names are harvested for other internet scams.
Related Questions
-
Why do bugs always fly around my car?
The smell of different fluids really sets them off, make sure...
-
Depending on what you're looking for, Honda's midsize Accord ...
-
When a tire blows out on a car? What does the car do?
When a tire blows out, the natural habit of the car will be t...
-
What is the longest car in the world?
Length: 30.5 Meters or 100 Feet. Type: Limousine. Designer: J...
-
If i wrap my cold air intake will that increase my horsepower on my car?
Yes but not by much Thanks ChaCha!
Comments