He tumbled over the handlebars, his helmet hit the bear's back and the two went cartwheeling down the road.
The 300-pound bear rolled over Litz's head, cracking his helmet, and scratched his back.
After a heated argument the two exchanged insurance information and the bear went scampering up a hill above the road.
Jim later realized that the bear's insurance information was bogus and is now having to make a claim on his own policy.
When asked if he regrets not calling the police Litz replied, "I should have been more suspicious when he handed me a piece of bark that smelled a lot like feces."