This agreement is when the person who caused the damage agrees to pay in exchange for the other party agreeing to drop hit and run charges. If the compromise agreement is accepted by the court and the prosecutor, the misdemeanor hit and run charges are dismissed.
If the accident only involves property damage with no injuries, the charge is typically a misdemeanor, and could come with a $1000 fine and possible jail time. If anyone is injured, the penalties are much more severe. Prison time is likely along with fines of up to $10,000.
Most points (illegal turn, not making a complete stop, driving over the speed limit, etc.) and/or accidents will stay on your DMV driver record for 36 months (3 years). Points for more serious offenses, such as hit-and-run or a DUI, will stay on your license record for 10 years.
The fine will be on the higher end of the range if you are charged with a felony. Jail time will also vary between states and is dependent upon if it is a misdemeanor or felony. In most cases, you will face up to one year in jail for a misdemeanor and up to 15 years in prison for a severe hit and run felony.
If you are convicted of a misdemeanor violation under CVC 20001(b)(2), you face a hit and run punishment of: A minimum of 90 days and up to one year in jail; A fine between $1,000 and $10,000 dollars; or. Both, imprisonment and a fine.
