How to settle a car accident without an insurance company

Car accidents are often extremely expensive but if you have had a very slight bump or just a scratch you may opt to settle the car accident without involving an insurance company. Car park accidents are one type of event that doesn't usually involve much damage and can be worked out without many complications if the fault is clear. You are not required to report a car park accident to the police and in most locations, they will not respond to car accident in a private lot.

Gather information from the at-fault party, including name, address, driving licence number, number plate number, type, age and colour of car and where the damage is located on the vehicle.

Request estimates of repair from two bodyworks garages and provide these to the at-fault party. Unless you are very familiar with automobile bodies and current costs of repainting or replacing bumpers, mirrors or side panels, you should not accept a cash settlement or a personal check at the scene.

Draft, sign and have notarised a statement that will release the at-fault party from any further liability. This statement should include the amount agreed upon, the terms of payment-lump sum or monthly, and the full names, addresses and signatures of both parties.

Receive a lump sum settlement amount and use this amount to repair your vehicle, or have your vehicle repaired at your expense and collect monthly payments or as otherwise agreed upon by both parties.

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