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  1. #1
    Join Date
    Jan 2007
    Posts
    2

    Unhappy Co-signer liability

    I hope I am at the right place. My ex husband who I remained friends with was diagnosed with stage 4 cancer almost 3 years ago.He is in remission and has been so for 2 years now. In March of 05 I co signed for him a Harley. Now to find out he is riding without Insurance.I am scared to death I will be liable if he is in an accident. Is there anything I can do to protect myself? He says he can't afford Insurance,can I obbtain it for him????Please help!

  2. #2
    Join Date
    Jul 2006
    Posts
    5,437

    Default Re: co signer liability????

    You need to buy liability insurance for this vehicle.

    If he has a wreck, you will get sued along with him.

  3. #3
    Join Date
    Mar 2005
    Location
    Michigan
    Posts
    28,906

    Default Re: co signer liability????

    Are you on the title? That is, are you concerned about more than your liability for the loan?

  4. #4
    Join Date
    Jan 2007
    Posts
    2

    Default Re: Co-signer liability

    No, I am not on the title. I am not worried about the loan part because he does make the monthly payments.I am just worried about getting sued if he hurts someone! Thank you!

  5. #5
    Join Date
    Sep 2005
    Location
    Behind a Desk
    Posts
    98,846

    Default Re: Co-signer liability

    You weren't aware of any problems with his driving when you cosigned, and he initially had insurance. I don't know of a legal theory that would allow somebody to sue you under the circumstances you describe.

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