What is the liability of a car in my personal name but used primarily for business?

What is the liability of a car in my personal name but used primarily for business?

I have a truck that is in my name but is used primarily for business and the business makes the monthly payment (LLC). It is covered under a commercial policy. If I were to be in an accident could they come after me? My wife drives the truck on occasion but for personal use and is on the loan could they go after her if she got in an accident? My wife does not work for the company but is on the commercial insurance policy.

Asked on February 24, 2012 under Accident Law, Alaska

Answers:

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