That is considered a road hazard but you should contact your insurance company to find out if anything can be done.
If they are not pressing charges, then they are giving you permission to drive their vehicle. If you give someone who doesn't have a drivers license permission to drive your vehicle, you are voiding your insurance coverage. The Insurance company will not pay.
If you damaged someones property with your vehicle and you had no insurance. All you can do is pay for the damages out of your own pocket.
You can get company vehicle insurance at www.iaai.com.
Unless you're the company owner, you generally don't need to provide insurance for a company vehicle.
Insurance will cover any licensed driver with permission to borrow the car.
The cost for insurance will be determined by the location of the vehicle as well as the type of vehicle.
Usually, it is the responsibility of the owner. However, if you have insurance on your vehicle, they will step in as secondary coverage...including covering the damage to the vehicle you were driving, if you have the coverage.
An insurance company declares a vehicle totaled when the cost to fix the vehicle exceeds 70% or more of its market value.
In most states an insurance company must report to the DMV of your state that your insurance is been canceled. This often results in your state suspending your drivers license unless you can prove that you do not have a vehicle, and that the reason your insurance was canceled was because you no longer have a vehicle. The license plate that was obtained for the vehicle must be returned to the DMV. If insurance was purchased for the vehicle from another insurance company, then you must provide proof that you have insurance from the new insurance company. If the actual owner of the vehicle bought insurance from another insurance company, then this should be easy to prove.
An insurance company that sell vehicle insurance to people.
If you wreck your vehicle, the insurance company pays you off and you give them the title for the vehicle. The insurance company then turns around and sends the vehicle to an auction (usually for dealers and wholesalers only) and sell it. Most of the time a salvage company will buy the car for parts and the insurance company can recoup some of their money.
It is very important too keep your company vehicle insured. I would suggest contacting AllState insurance for a quote.