Classic parking lot collision. The other party was speeding through around a parked vehicle and ran right into me. We were both in service lanes; I had already entered the intersection. I hit the brake just in time and saved myself from getting T-boned. Was left with some side bumper damage. Neither of us had dashcam footage.
My insurance held me 20% liable after their assessment, which I thought was fair. However the other party went ahead and hired a lawyer. During arbitration, the decision changed to a whooping 50-50. Perhaps it's a he-said, she-said situation.
What are my options now? (Other than buying a dashcam ASAP so this never happens again!) I'm also worried about my premium going up.
Fault changed from 20-80 to 50-50 during arbitration
byu/MinusMidas inInsurance
Posted by MinusMidas
4 Comments
Arb is binding for property damage. Most companies do not change the fault on the claim. You can call them to ask if this will impact your rates. Your state will also impact when they can change them.
I’ve lost some crazy ones in arb with video. Just comes with the territory.
Welcome to Arbitration Forums, where insurance companies get what they pay for in adjudication ($42 worth). It’s binding on the companies. You’ll have to ask your carrier about how they handle the rates.
Nothing. Arbitration is binding. Nothing to do besides get a dashcam in case there’s a next time.