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:

---

IMPORTANT NOTICE: The Answer(s) provided above are for general information only. The attorney providing the answer was not serving as the attorney for the person submitting the question or in any attorney-client relationship with such person. Laws may vary from state to state, and sometimes change. Tiny variations in the facts, or a fact not set forth in a question, often can change a legal outcome or an attorney's conclusion. Although AttorneyPages.com has verified the attorney was admitted to practice law in at least one jurisdiction, he or she may not be authorized to practice law in the jurisdiction referred to in the question, nor is he or she necessarily experienced in the area of the law involved. Unlike the information in the Answer(s) above, upon which you should NOT rely, for personal advice you can rely upon we suggest you retain an attorney to represent you.