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I needa cosigner on an auto loan. What type of insurance will cover the cosigner so that their assets are nio



this is on a new auto lease

If you decide to stop paying, the cosigner will be responsible for the entire amount then due. There is no insurance that will protect him. One you co-sign for someone else, your assets are at risk. Period.
Seems a bit far fetched but Lloyds of London will insure just about anything for a price! Has to be something out there otherwise the millionaires and billionaires wouldn't be taking the risk! They're to greedy for that!
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