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Usually, the guy making the left is at fault, but since you hit the rear portion of the vehicle, they will claim you were either travelling too fast to stop in time or you weren't paying enough attention to the road blah blah blah.
50%/50% at fault, you both lose. Enjoy your higher insurance premiums! (I had the same thing happen to me 7 years ago, I am finally back to regular insurance rates).
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