Car accident liability 50- 50 liability case.?

Question

I know someone who had a back-up accident in a parking lot.

Both cars were backing up at the same time. One car at a slow speed and one at a faster speed. Both drivers indicated that they did not see anything and have orally agreed that it is a 50- 50 liability case. All information was exchanged by both drivers. Neither driver wants to go through the insurance since it involves a few hundred dollars damage to each car. Both drivers have a high deductible on their insurance.

No pictures were taken and the police was not called. One of the drivers said to call it a wash, and the other driver said get an estimate and then we will take it from there. My friend has received his estimate but does not want to call the other driver, but wants to mail the estimate along with a settlement agreement. What is the best way to proceed from here? and what would be the proper wording for a settlement agreement?

Answer 1

When the liability decision is split 50/50 than each driver pays for his own vehicle. Both drivers agreed on the liability decision so niether driver will be held liable for the other vehicles damages. You're friend needs to fix his own vehicle, and vise versa with the other party

Answer 2

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