Wednesday, November 25, 2009, 2:09PM ET - Canadian Markets close in 1 hour and 51 minutes.
Most people may not know it, but the insurance industry is
colour-blind. It doesn't matter if your car is a blue, red, green,
silver, white, or black, your insurance rate for that make and model of
car will be the same.
Even though car colour doesn’t matter, a
recent car colour popularity survey (released by PPG Industries the
world’s leading manufacturer of transportation coatings) shows that,
yet again, silver is the most popular car colour out on the road.
For the 2007 model year in North America, vehicles produced were:
• 22 per cent silver
• 16 per cent white
• 15 per cent black
• 13 per cent red
• 12 per cent blue
• 10 per cent were “naturals” like gold, orange or brown tones
• 6 per cent were either niche or specialty colours
• 5 per cent green
That’s more than 1 in 5 cars in the parking lot that are silver. No wonder finding your car can be tricky at times.
So what can you expect to see in coming model years?
Colour trends, according to PPG forecasters, suggest that in the coming years you’ll see colours called:
• Cold Stare, a tinted silver with steel blue highlights
• Double Vision, a green with a red hue-shifting highlight
• Out of Sight, a brown with blue hue-shifting highlight
• Quest, a yellow metallic
• Gleam, another green only this time with flash of gold
With all the hue-shifting trends, it kind of sounds like a recent CSI: Miami show, doesn’t it?
Don’t believe that car colour doesn’t matter?
Compare quotes online through the kanetix.ca auto insurance quote comparison
service. Not only will you find great rates from competing companies,
but you’ll see that in order to get accurate rates you are not asked
once about the colour of your car.
Compare car insurance quotes today from kanetix.ca, where insurance companies compete and you save money.
Rates provided by 
| Mortgages Type | Rate |
|---|---|
| 1-yr Closed | 3.54% |
| 3-yr Closed | 4.15% |
| 5-yr Closed | 4.97% |
| GICs Type | Rate |
|---|---|
| 1-yr Annual | 0.95% |
| 3-yr Annual | 2.12% |
| 5-yr Annual | 2.77% |
| RRSP Type | Rate |
|---|---|
| 1-yr | 0.94% |
| 3-yr | 2.09% |
| 5-yr | 2.75% |
Quotes and other information may be supplied by independent providers. All information is provided on an “AS IS” basis, for informational purposes only, and is not intended for trading purposes, advice or planning. It would be unreasonable for you to make any trade without first consulting an authorized financial advisor and verifying the accuracy of all information. Yahoo! and its independent providers do not warrant the accuracy, completeness or timeliness of any information provided herein, and expressly disclaim any and all liability for any decisions made in reliance thereon. The information is not an endorsement or recommendation by Yahoo! of any trade, even where the information relates to Yahoo!. Notwithstanding anything herein, Yahoo! does not hold itself out as an advisor or planner of financial services of any kind. By accessing the Yahoo! site, you agree not to redistribute the information found herein, and to be otherwise bound by the Yahoo! Terms of Service.