Before someone posts a "haha sucks to be you" reply I'll try to give some decent advice. One, it's a really, REALLY good thing you have insurance. Call your company and tell them what happened. They've been through this with other people and can give you some advice. Two, let your parents know too, they may be mad at first, but they'll help you out. Three, give yourself some time to calm down. Being in an accident is awful, but you can get through it. Your insurance WILL go up, but if it's your first offense they'll cut you some slack. It's not the end of the world, happens to lots of people. I've totaled a car before (well, two cars to tell the truth) and I dealt with it.