Friday, September 14, 2012

How much auto-insurance coverage for wife if her name isn't on the house mortgage?

If only my name is on the house mortgage would my wife need the same auto-insurance coverage (i.e. equal to or more than the value of all our assets) in case she causes a car accident and gets sued? If she gets sued could they sue for the value of the house even if her name isn't on the mortgage? Note: I do not live in a community property state.

No comments:

Post a Comment