eli5 “You’re more likely to be in an accident in a red car”

Question

I heard this statement and it confused me. The explanation was more red cars have accidents than other cars. But surely that doesn’t translate to “I personally am more likely to have an accident if I drive a red car than a blue car today”? Assuming there’s nothing inherently about red cars that makes them more likely to crash. I’m struggling with the maths theory behind it.

Edit to clarify my question: does the statistic that “red cars have more accidents” translate to the statement that “I, personally, all other things being equal, am more likely to have an accident if I drive a red car than a blue one”?

In: 10

Answer 1

I believe that insurance companies think that if you drive a red car, you will drive faster than in a different coloured car, so the chance of accidents would be higher.