In some cases, the other party may be willing to accept an estimate of the damages and settle the matter out of court. This can save both parties time, money, and the hassle of a lawsuit. However, it is important to note that you are not legally obligated to pay the amount that the other party requests, and you may want to consult with a legal professional before agreeing to anything.
If you agree to pay for the damages, it is important to get everything in writing. This includes the agreed-upon amount, the terms of payment, and any other relevant details. This will help to protect both parties and avoid any misunderstandings in the future.
It is also important to note that if you are uninsured and cause an accident, you may face penalties or legal consequences depending on the laws in your jurisdiction. These consequences can include fines, license suspension, or even imprisonment in some cases.
Therefore, it is important to always carry the required insurance coverage to protect yourself and others in case of an accident.