Well basically what could possibly happen is when his insurance kicks in and pays for his damages (assuming he has full coverage/uninsured motorist), is that you may find yourself facing a lawsuit from his insurance company demanding payment from you for damages. He also has the right to sue you privately if he has enough proof. In the end it's up to him how he gets his car fixed since you are 100% liable.
What happens is that you get a new insurance policy, possibly with another insurer. Any unearned premium will be returned to you by your insurer.
It changes to another form.
Most people just buy another insurance policy somewhere else. That is usually what happens.
You probably get arrested.
it changes in velocity
Speak to your teacher privately
Nothing happens if a person that hits someone in their vehicle and their insurance is covered through another state than the accident happened at. Car insurance companies will pay for damages no matter where they happen at.
Nothing changes as far as your lease goes.
The speed changes. (and sometimes the angle.)
it will have to find another home or die out
It so happens that you have no insurance