After the second person told me that I should not have my car titled to both my husband and myself jointly, I finally decided to ask why.
It was explained to me that if my car is titled to both of us and the house is titled to both of us, in the case where someone may have cause to file a lawsuit against me related to an accident I have in my car, if the title is in both names, they could have recourse to file suit against my other possessions including my house, which is in both of our names. In the same scenario, if my car is only titled to me, they would not be able to attach to the house because it is a joint possession. This also holds true for children in your household that are driving. Their car should be titled in their name for the same reason.
Now, I am not a lawyer, nor do I play one on TV, but this was stated to me by two lawyers, so I think it is pretty reliable information. However, this disclaimer keeps me from being held legally responsible, blah.blah.blah.etc
Feel free to weigh in on this topic.