co-signing for daughter that is married.

[brenbous32]

What is the name of your state? Florida
i signed for my daughters cars every time now i here we may be liable for damages if they get in accidents. we have 100/300 just for this reason. between all three girls one being 17, we are paying almost 10k a year. my husband and i have assests so my insurance agents says with out the most insurance we could lose it all. my 23 year old has had the usual teenage fender benders but now she is married and when she bought her last car(2004Yukon) her husband was mad at her and it was late,the dealership was closing and she got me to be 1st signer and her 2nd. all paperwork is in her name and she pays the bills. i want them to gwt their own insurance. but they will not get 100/300 because they do not have a lot to lose in there young marrige and will buy the minimum coverage. i also have a 26 year old with a lease i cosigned for and she is a school teacher single with many stufent loans and she too is going for her own insurance. can we be in trouble if our girls or her husband wreck and cause injuries

[seniorjudge]

Originally Posted by brenbous32

What is the name of your state? Florida
i signed for my daughters cars every time now i here we may be liable for damages if they get in accidents. we have 100/300 just for this reason. between all three girls one being 17, we are paying almost 10k a year. my husband and i have assests so my insurance agents says with out the most insurance we could lose it all. my 23 year old has had the usual teenage fender benders but now she is married and when she bought her last car(2004Yukon) her husband was mad at her and it was late,the dealership was closing and she got me to be 1st signer and her 2nd. all paperwork is in her name and she pays the bills. i want them to gwt their own insurance. but they will not get 100/300 because they do not have a lot to lose in there young marrige and will buy the minimum coverage. i also have a 26 year old with a lease i cosigned for and she is a school teacher single with many stufent loans and she too is going for her own insurance. can we be in trouble if our girls or her husband wreck and cause injuries

Q: can we be in trouble if our girls or her husband wreck and cause injuries

A: i signed for my daughters cars every time now i here we may be liable for damages if they get in accidents. we have 100/300 just for this reason.