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Contributor
We bought a car recently and needed a cosigner, does that person need to be insured on the car as well? Even if they don't live with us and never drive it?

1 REPLY

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Beasty - It is not necessary to have the co-signer insured on the policy but there are variables. If there is no access to the vehicle and the co-signer will not be driving at all then you are ok. Please check with the finance company to see if they have any requirements you may not be aware of. Thank you! - Shane