Well, there are a few things, first stay composed (providing there is no major injury) and smile, that's what the typical Thai reaction would be. Easiest will be to call your insurance and have them battle it out, but sometimes you work out a deal with the other party.
Whatever happens, don't get angry because it won't get you anywhere! Not easy to do sometimes, but it will benefit you.
Sometimes just a bunch of leaves on the side of the road are (supposedly) sufficient.
Drive safely!
Camille
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Thanks for visiting the original Koh Samui info and weather blog, running since February 2007 by long term resident Camille Lemmens.
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Looking forward to seeing you on Koh Samui!