My mom is cosigning my auto loan; can she get sued if I get in an accident?

I have my own insurance we do not live together but both our names will be on the DMV registration and laon papers. If I get into a serious accident can they sue her since she is a registered owner? No one but me would be driving my car.

My mom is cosigning my auto loan; can she get sued if I get in an accident?
Yes they can. The titled and registered owner of a vehicle can be sued for any accident involving the vehicle they own or co-own regardless of who caused the accident. It's takes a pretty sleazy lawyer to do this though. The simple solution would be to have her listed as a "Named Insured" on your insurance policy. Unless she has a bad driving record, it shouldn't hurt your rates. All of your insurance information would then come with your name and her name on it (ie, Insurance ID cards) and your liability would extend coverage to lawsuits brought against your mother. Since your mother is also at risk, I would also recommend that you carry high liability limits of at least 100/300/100. Call and ask your insurance company about adding your mother as a "Named Insured" and raising your liability.





Your mom was nice enough to co-sign for you (my mom did the same for me when I was a teenager) so you should be nice enough to make sure that your insurance is giving her great protection. Asking that question was a great start.
Reply:So long as you carry sufficient insurance for your property damage and bodily injury coverages then your insurance would pay for all damages sustained and neither you nor your mother could be held personally liable.


If, however, you have insufficient levels of insurance than the injured party could seek the unpaid damages to be paid by you.


You raise a good question about your mother being held liable because her name is on the registration. I am not a lawyer, but I would guess that it WOULD be possible.
Reply:If your mom is co-signing a loan she is responsible for the payment of the car if you don't make it is all. If you wreck the car she will be held responsible for the pay off of the car. Big responsibility being a co-signer.


If you are under 18 in Ca. your parents responsible till the age of 18.
Reply:Filing auto accident insurance claims is quite tedious. But to get your compensation for the accident, it is a necessary procedure - so you might as well go about it in the fool-proof manner described here.Uncertainty finds an innate part in human life. Being human being, we are never aware of crisis caused by occurrence like accident%26lt;!--What we can do is to make ourself be prepared to face the worse in the way that it has minimum effect upon us.Accident Insurance is one such way helping us to act as comforting hand when we suffer from misfortunate happening of accident.Whether you are travelling a long way or just to your next market place, the probability to meet up with an accident remains same. Besides, car accident, air crashes and rail accidents have become news of everyday. You may get your answer in the below website.





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And, if you ever fall prey to such accident, having an insurance helps you alleviating the financial burden during such tragic moments. People who are still unaware of what Accident Insurance is, they can understand in simple term that by availing the insurance facility, you are paid a certain amount of money by insurance company as compensation--%26gt;Generally,the insurance covers mishaps like organ loss like hands, eyes and legs, death in air, rail and car accident. The principal sum paid to a family ranges from $25,000 to $1,00,000. But you are excluded from being paid the amount if accidents persists due to drunken driving and trying risky sports like bungee jumping, car racing, skiing, scuba diving, etc.
Reply:Are you sure she's listed on the registration of the vehicle? If she just cosigned the loan, she may not be on the registration. If she's not on the registration, she would have no liability.
Reply:Yes. So make sure your limits on your insurance are high enough that neither of you should be sued in case of an accident. You can get umbrella coverage for a million fairly cheaply, just ask your agent.