True or false: red cars cost more to insure than cars of any other color.
If you answered “true,” you agree with 36% of Northwest drivers recently polled.
And you’d also be wrong.
In reality, the color of your car has no bearing on your insurance rate. PEMCO doesn’t even ask the color of your car when writing a policy. The PEMCO Northwest Poll also revealed that 55% of drivers think males pay higher insurance rates than females of comparable age and driving history (not true), and 31% don’t know that burning “green” unseasoned firewood can coat your chimney with creosote, which is flammable. Discover other common “insurance myths” by reading our news release.