Michael Lohan got into a car accident yesterday on the Sunset Strip — when a metro bus crashed into his blue Jaguar in the middle of rush hour … and TMZ’s Mike Walters witnessed the whole thing.

According to Walters, Michael’s car was slowly approaching a stoplight near the Director’s Guild of America when the bus attempted to pass him … and accidentally sideswiped Lohan’s car.
Walters got out of his car and checked on Lohan — who said, “Of course you’re here when I get hit by a bus … we exchanged information and everything is fine.”
Walters says Lohan’s car only appeared to have minor scratches and scrapes and Lohan was not injured.