If I am a co-signer on a car loan with my mother and she gets in an accident, am I liable for damages?

Asked on October 9, 2013 under Accident Law, Kentucky


SJZ, Member, New York Bar / FreeAdvice Contributing Attorney

Answered 7 years ago | Contributor

If you are a co-owner of the car (i.e. on the title), then you could be responsible for accidents; however, a mere co-signor or guarantor of a loan would not be. Of course, unless you have sufficient insurance, if the car is totalled in an accident, you'd still be liable to continue paying the loan on a now-defunct car.

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