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File the claim with your insurance company. If you have full coverage your insurance company will do all the investigating for you. They may require you to temporarily pay your deductible as they investigate. Don't even bother going through his insurance because it will be a "he said she said" type deal.
Two hit and runs this year both not my fault. I just got my deductible back from the first one (Nov. 03') 2 weeks ago. The second one (Feb 1 04') took about 3 weeks to be resolved. First time around I paid the deductible on my repairs...second time around I waited out the three weeks it took to be resolved and drove around with a dent in my car.
Good Luck!
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