He calls his insurance and a tow truck to pick up his car. The car has collision coverage, but he decided that this damage was way more than it covered.
He then went to the police station to file a report and to see if any traffic cameras caught who hit the car.
While the police was on the search for the culprit, Mr. Obama decided to look for a new car. He had classic car insurance, and was able to find a car just like his at no extra cost.
The police found who had crashed his car, a runaway criminal who just escaped from prison. They locate this criminal and stop him before he can cause any more damage
Luckily, Mr. Obama had uninsured coverage on his car since the criminal had no insurance, and was also the main reason why he was placed in jail. The criminal then had to serve twice as long as he had to.