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I am sorry to hear this has happened, but these cases tend to drag out because the victims of these accidents seem to all think they have hit an oil well and they will become millionaires off of these accidents. As you did have the company logo on the car, even if it is your personal car, and you were on company business, they can seek to hold both you and your company liable for damages jointly and severally I am afraid. This means they can sue you, your company or both of you to collect for their damages.
Since you have an insurance company they have the legal liability to represent you to provide coverage. Your IRA and 401K and personal assets are at risk only if the other party proves damages beyond your policy
limits. However, as long as damages are within your policy limits, the insurance company has to provide payment and your personal assets are not at risk.
Furthermore, it is likely too late to transfer personal assets into trust, because the Fraudulent Transfer Act prevents transfer of any assets to avoid payment of a legal judgment and as you know there is a legal action in this matter if you transfer the assets knowing there is an action filed, they would be able to get to those assets if they get a judgment against you beyond the maximum policy limits.
It is highly unlikely that they will get a judgment beyond the limits of your policy however based on the injury you described and it is likely your insurer will end up settling this claim as they are bound to do on this behalf and also they will provide representation
in any suit against you for this accident.
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