Why cosign for car insurance?

Answer 1

There is no such thing as co-signing for an auto policy. You can have co-applicants, which is a good idea in certain circumstances. For instance, I generally list a husband and a wife both as the applicants on an auto policy. This way is something needs to be done, either party can sign any paperwork needed to make a change to the policy. Also, if something happens to one of the party, the other person can take over the auto policy. Say their is a divorce, one spouse would have to start over as a person who has never had coverage in their name before. These are some situations that would cause a need to have co-applicants on a policy.