Does the color of your car affect insurance?

Does the color of your car affect insurance in Australia, no it does not directly affect premium, because insurers do not rate on color, they rate on make, model, year, engine, driver age, history, location and value. Myth that red cars cost more to insure is false in Australia, with NRMA, Allianz, Budget Direct and AAMI confirming color is not a rating factor. What affects insurance is car model, for example sports cars like Subaru WRX or high-performance cars cost more regardless of color. However, color can indirectly affect insurance claims. Bright colors like white, black and grey are most common and have better resale, while rare colors like bright yellow or purple may have higher repair cost if paint matching needed, but insurers do not charge extra. Some studies show white cars have slightly lower accident rate because more visible, and black cars slightly higher at night, but insurers do not price on that. What does affect premium is car value, age, safety rating, theft rate and repair costs. For example, Toyota Corolla white same premium as red Corolla same year. So color does not affect insurance premium in Australia. Insurers ask for color for identification but not for pricing. In some countries like US, color also does not affect premium. So you can choose any color without worrying about insurance cost, though white and silver have better visibility and may have slightly fewer accidents, but premium same.