Larry King in Bev Hills Car Accident

Larry King was able to walk away, but his Mercedes-Benz didn't fare so well after he got into a wreck right in the heart of Beverly Hills.

Larry and his suspenders were seen surveying the damage to his Lincoln MK as well as the other vehicle -- a Mercedes-Benz -- involved in the accident. The other driver was on the sidewalk getting looked at by paramedics ... but we're told neither driver was injured.

Although a witness seems to think Larry hit the other driver ... police tell us it's unclear who was at fault. You can bet the insurance companies will sort that out.