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What are the penalties for not exchanging driver information in a parkinglot accident?

Penalties for not exchanging driver information in a parking lot accident vary from state to state, but generally involve fines, points on your license, or even suspension of your license.

In most cases, you are required to exchange the following information with the other driver:

* Name

* Address

* Phone number

* Driver's license number

* Insurance information

If you fail to exchange this information, you may be charged with a hit-and-run, which is a crime. Penalties for hit-and-run can be severe, and can include jail time, fines, and points on your license.

In addition, failing to exchange driver information can make it difficult or impossible to file an insurance claim for damages to your vehicle.

For these reasons, it is important to always exchange driver information after a parking lot accident, even if the damage seems minor.