Insurance Myths & Legends

March 4 - If you believe that red sports cars are the most difficult to insure, you're way off base, according to the industry.

Roughly 25 percent of drivers surveyed by Progressive Insurance believe that the color of their car is a factor in determining their
insurance rate.

"The idea that the color of a car enters into what you’re going to pay for insurance is a myth that’s been around for a long time," said Jeff McCollum, spokesperson for State Farm Insurance. "I wouldn’t be surprised if it came from the fact that people with red sports cars have the image of being wild and reckless, but it certainly isn’t based on any type of reality."

Your own experience might support the idea that drivers of sports cars get more tickets and thus pay higher insurance premiums, but that's not generally the case.

According to a study by Quality Planning Corp., leading the pack with the most violations are drivers of the Hummer H2 and H3. Hummer drivers have almost five times the number of violations compared to the average. Drivers of three different Scion models (tC, XB Station, XA) also made the Top 10 'Bad Boy' list. Others on the list include drivers of two models of the Mercedes-Benz (CLK63 AMG, CLS63 AMG), two Toyotas (Solara, Matrix) and the Subaru Outback Station Wagon and Audi A4.