i want to lease a car and want a family member to co-sign. What liability will they

  • Thread starter Thread starter Caesar C
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Caesar C

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have? I am an excellent driver with no accidents or tickets in my 10 years of driving and looking to lease a car. The lender has very strict credit requirements that basically will require someone with an excellent credit score to co-sign for me. My mother said she would help me out but I want to make sure there is no liability for her in the event that I get into a severe accident. Insurance should cover the incident and the car. Whatever the insurance policy doesn't claim, they would probably go after me and my assets right? Would they ever hold the owner of the car responsible?

My other plan is to lease under my LLC. Would that be safe for my mother?
 
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