Until now the Insurance premium for any vehicle was dependant on the geography, model, variant of the vehicle one owned in addition to the registration, driver's age & engine capacity. Going forward the Insurers will factor the person's driving history, colour of the vehicle and also the parking slot the person would park his car. If the Insurers have their way then this is going to be reality very soon. The following link has the details. http://timesofindia.indiatimes.com/b...w/27493341.cms Couple of things mentioned in the article are contradictory: 1) Driver cause the accidents and not the vehicle. 2) Black coloured vehicles are more prone to accidents whereas white coloured one are prone to theft. Going forward the Insurance will more of a customized product.