Nobody was hurt. The accident happened in the city at a low speed. I was about to change lanes in order to make a turn when a car came from behind. I should have looked more carefully. My fault. The left front corner of my car hit the door of the car coming from behind. My car had to be towed to the shop. The front suspension and the body on the left were badly damaged. If the frame of the car was bent, the car will have to be scrapped. If not, there is hope. A superficial look seemed to indicate that the front wheel on the left and the suspension bore the brunt of the impact.
I already notified my insurance company. The repair costs will be assessed at the shop after which an expert at the insurance company will decide whether or not the car will be repaired or scrapped. My car insurance will cover the damage minus excess (deductible for you American English speakers). My compulsory traffic insurance will cover the damage caused to the other car (only the door in all likelihood). My car insurance will cover the entire cost of a replacement car (excluding fuel) for as long as my car remains at the shop.
This accident will set me back €170 directly. Indirect costs may include possible time and money spent searching for a new car. I like our car and I hope the damage will not be too expensive to repair and that no hidden defects will remain. Cryptocurrencies took a nosedive, too. Bitcoin sunk to about €9,000 until it bounced back to about €12,500. One bitcoin is worth about €11,600 as I'm writing this. What a day and it's not even over yet!
What I'm very happy about is that nobody was hurt. That's the most important thing. The other guy only lost about 15 minutes of his time. He owns a car repair shop and will fix the door himself after receiving the insurance money. I will engage in introspection now and analyze every factor leading to the accident and try and eliminate them from my driving habits.