At the very least, an astronomical fine.
Pray that any other vehicles involved were covered with "uninsured motorist insurance". This is coverage that pays the injured parties an equivalent amount as the at-fault party's insurer would have paid had there been third-party insurance. If not, and assuming that you were the driver/owner of the at-fault vehicle, you would ordinarily be liable for those damages that were proximately caused by your negligence or that of the person using the vehicle with your permission.
If the injured party had to rely upon his/her uninsured motorist coveragem the paying insurer would have a right of subrogation. This means that it "inherits" the injured party's right of action against you for the purpose of trying to recover that which it paid. The same theory would apply to property damage payments that the insurer made.
Furthermore, depending upon the size, weight and consequent type of registration of the vehicle, the State or Federal Departments of Transportation may become involved. If it were a vehicle that came under its/their jurisdiction, there may be insurance requirements that had to be met that are different (greater) than those applicable to personal vehicles. Failure to abide by them may carry substantially greater penalties.
Depending upon the jurisdiction, a Financial Responsibility Law violation may be triggered. If so, this could result in the suspension of the tags of the vehicle and the driver's license of the driver until payment of damages is made.
1) Your insurance company receives your driving record from your DMV. If you are in an accident and it is reported to the police, they will add that accident to your driving record. 2) When you are in an auto accident, the insurance companies of everyone involved are notified when people submit claims.
If the accident goes on your driving record, yes.
It depends on your coverage & the state, but normally if you have full coverage your insurer will cover any accident you are in.
It shouldn't ... normally insurance companies do not report the accident to the police authorities unless a death is involved. However, since you reported the accident to your insurance and if you are at fault, it may cause your rates to increase.
No. As long as you were not involved in the accident then it shouldn't affect your driving record. You must also not be the owner of the vehicle that was involved in the claim.
Owner.
If you were driving someone elses vehicle and involved in an accident whether it be fatal or not then the person who owns the vehicle should have insurance on it and then the accident would be covered on that policy but if it goes over the amount that they have then its possible for yours to kick in and pay any extra.
No, liability insurance is when there are injuries involved. If you are injured in an accident when someone else is driving your car, your liability insurance would cover your medical costs. Comprehensive and collision insurance on the car you were driving should pay for damages to the vehicle.
The owners insurance will be responsible for coverage in an accident involving permissive use of their vehicle.
No Drink Driving is breaking the rules and your own choice
Auto Insurance follows the car not the driver. My son's girlfriend was driving his car when they where in an accident and his insurance was responsible.
The actual driver. Unfortunately, if the driver is your kid, and you're adding your kid to your insurance policy, it could affect your rates.