Co-signing a car loan won’t hike insurance

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Dear Driving for Dollars,
I just co-signed a car loan for my boyfriend. He put the car insurance in his name only. Will they notify my insurance company about the purchase? Can my auto insurance go up?
— April

Dear April,
It’s unlikely that your car insurance would go up unless you are listed as a driver on that car. It’s entirely possible to not be named as an insured party on a car you own or co-own. It’s also possible to co-sign a car loan and not even be listed as an owner or co-owner on the title.

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