Does a co-signer have to be on the car insurance?
If you’re the co-signer on a car loan, it’s not likely that your car insurance will go up. But there are a few exceptions.
Kellye Guinan is a freelance editor and writer with over five years of experience in personal finance. She is also a full-time worker at her local library where she helps her community access information about financial literacy, among other topics. Kellye takes pride in ensuring everyone has equal opportunity to understand their finances and how to make the most of their budget. In her free time, she loves studying languages and reading an outlandish amount of novels — currently over 200 this year.
If you’re the co-signer on a car loan, it’s not likely that your car insurance will go up. But there are a few exceptions.
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