Question

 Who has to have insurance on the car the cosigner or the buyer?

Answer Answer You insure a vehicle. Answer The buyer. The only thing the cosigner is responsible for is paying the bank back the money it loaned if the buyer doesn't. obvious The principal driver of the... Read More »
http://wiki.answers.com/Q/Who_has_to_have_insurance_on_the_car_the_cosigner_or_the_buyer

Top Q&A For: Who has to have insurance on the car the cosign...

Do both the buyer and co-buyer have to be on same insurance policy even if one never drives the car?

AnswerAs the co-signer has a financial interest in the property, meaning if something happens to the vehicle he can be made to pay "All" the bills, Then he should certainly be insured on the policy... Read More »
http://wiki.answers.com/Q/Do_both_the_buyer_and_co-buyer_have_to_be_on_same_insurance_p...

What happens if cosigner does not carry renters insurance?

Renters insurance generally does cover flying/falling objects. I do believe that a bullet would fall into that category. Please remember that you may have a deductible to face.
http://wiki.answers.com/Q/What_happens_if_cosigner_does_not_carry_renters_insurance

Do you have to put the auto insurance in your name if the co-buyer wants to insure it by herself?

Answer You both have to be named on the insurance policy because you still can be jointly sued as being co-owner of veh.
http://wiki.answers.com/Q/Do_you_have_to_put_the_auto_insurance_in_your_name_if_the_co-...

When the primary owner is deceased and has life insurance on the loan and disability on the loan is the estate involved or does the cosigner just take over the payments?

If you have credit life on the loan, you should be able to supply the insurance company with a death certificate as well as with their claims form. Your purchasing dealership may help you. The in... Read More »
http://wiki.answers.com/Q/When_the_primary_owner_is_deceased_and_has_life_insurance_on_...


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