Kanetix Forum

I read on the Kanetix.ca site that the colour of my car doesn't affect what I pay for insurance. Is this true? Just wondering, because I thought it did.

A common misconception is that a red or black coloured car will cost more to insure. This is simply not the case, so what you read on Kanetix is true: your car colour does not affect what you pay for your insurance premium.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.

I understand that of the standard car colours it doesn¿t matter, but what if I have a custom paint job on my vehicle? How do I make sure that if I have to submit a claim that requires my vehicle be repainted I am covered?

Modifications or customizations, including custom paint jobs, must be disclosed to your insurance company in order to be covered. Extra premium is often charged to cover these items.

Sean Graham, Principal Broker at KTX Insurance Brokers.

Neither Kanetix® nor the KanetixForum.ca is an insurance broker or agent. Although this information has been passed along to you from KTX Insurance Brokers through the Forum, we are not responsible for the opinions expressed by them. Insurance can be complicated. When reading these answers, keep in mind each person¿s situation is unique. Individual responses may vary depending on your insurer, geographic location, and specific circumstances. If you have a similar situation, always speak with your insurance provider, or a licensed insurance representative, for terms and conditions that may apply to you.