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Car Accident Claims Including auto, motorcycle, truck, bus and bike accidents.

Liability of parents when kids driving their own auto

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Old Dec 6th, 2007, 12:04 PM     #1
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Default Liability of parents when kids driving their own auto

My 20 year old son has auto and auto insurance in his name and is a full
time student.
He is also an active reserve Marine.
If we choose to deduct him on our income tax return will this make us liable
in the event he has an auto accident and is sued because we would be
claiming him as a dependent?
Or does having his insurance and auto in his name limit his assets to the
liability of a suit related to an auto accident?
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Old Dec 6th, 2007, 08:36 PM     #2
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Default Re: Liability of parents when kids driving their own auto

I would get a legal opinion from a local lawyer if it is critical for you but normally that would not make you liable for the accident--at least in our situation where an accident also occured just like that.

Only our son was liable.
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