Just about everything beats getting into an accident. In an accident with no one getting hurt physically, you need to call the police, exchange info, give the police your info and side of the story, get a copy of the police report, call your insurance company, explain what happened, get estimates for repairs, take the vehicle in for repairs, and pay the deductible when the vehicle is finished, hopefully to your liking. If someone gets hurt, it's a whole new ballgame.