Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Car Accident-bankruptcy? - I got into a car accident and had the basic coverage. I was at fault. The other guy complained about his shoulder and wrist. Totalled both cars and broke his watch. He probably missed a couple days of work. I have 15k bodily liability and 100k property damage. I'm afraid he will go over my limits and I will have to pay out. I live at home with my parents and have an unstable 23K substitute teacher job.