If your wife was driving for business, then the LLC could be liable under the theory of "respondeat superior"--e.g. employers are liable when employees cause injury or damage in the course of employment.Your wife may also be liable as the at-fault driver--if she was at fault: any at-fault driver may be held personally liable, in addition to holding a car owner or employer liable. (Remember: the mere fact she was in an accident does not, by itself, make her liable; she must also have either been negligent, or careless, or else have done something deliberately wrong.)Since TX is community property state, it would seem that half of your marital assets, all of her personal assets, and your LLC could be liable.