My car was hit while parked on the street. Well, this happens almost every day because parking your car on the street actually creates a possibility for another vehicle to run into it or hit it. Chances are the driver at fault might speed off and expects never to get caught, and that happens as well sometimes.
Tracking down such offenders is very difficult unless there are cameras nearby or eyewitnesses who saw the whole accident happen. So the next question here is what you do if your car was hit while parked on the street.
My Car Was Hit While Parked On The Street
Report The Accident To The Police
Even though tracking down the perpetrator of the crime is very difficult, reporting the accident to the police is the first and best decision for you to make. There is still a chance that the offender might be caught even though the chances are slim, and if accidents like this keep happening and the police keep getting reports, then it is one way to keep the police alert and at the top of their game.
Ensuring that accidents are reported when they happen also helps keep statistics on accidents in various areas.
Get Your Vehicle Repaired
If your insurance policy has collision coverage, you are fortunate because collision coverage would cover up your vehicle’s damages. However, since you haven’t been lucky with identifying the person at fault for the damages done to your vehicle, then you have no other choice than to pay for deductibles.
Filing a claim may or might not make so much sense since the at-fault driver wasn’t caught, and this also depends on the amount of variable you have in your insurance coverage. For example, this means that if the deductible amount on your insurance coverage is about one thousand dollars and the cost of repairing the damaged part of your vehicle is seven hundred and fifty dollars, then the insurance coverage covers nothing.
However, on the other hand, if the amount of deductible you have is two thousand dollars and the cost for repairing the damaged part of one thousand dollars, you will pay out one thousand dollars. In contrast, the insurance company pays up the remaining balance.
Change To Insurance Premium When Your Car Got Hit While Parked On The Street
However, there is still some good news coming out of this messy situation. This is because, technically, you are not at fault for the damages that have been done to your vehicle, so you would not bear the penalty for the accident.
We are trying to say that there would be no increase in your premiums or insurance rates. Still, if your vehicle gets hit while it is parked multiple times on the street, then your insurer might start viewing your insurance coverage as a risk and may feel reluctant to renew.
If this eventually happens then, you would have no other option but to find another insurance company to make use of. In some cases, the driver who hit your parked car might leave a note behind, and this makes the case simplified.
All you have to do is share the information on the note with the police and your insurer. Then it is up to your insurance company and the at-fault driver’s insurance company to have negotiations and reach a fair settlement for you. So you would end up getting compensated fairly.