Yes, Michigan has an Owner Liability Statute that makes an owner who allows another to drive a vehicle titled to them vicariously liable for any negligent operation of the vehicle. So your remedies are to be a named insured on the policy covering the vehicle or take your name of the title.
The owner and operator of a vehicle are liable for its operation. You would be wise to put the vehicle in his name and record your name as a lien holder (just like the bank would do.
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