Senior VR Member
Join Date: Jul 2008
Location: DE, Newark
Thanked 297 Times in 151 Posts
I went through the same thought process about six weeks ago, when some a**hole decided to make a left turn in front of me from the right lane.
If the insurance company totals your bike (which is highly likely from what you described), you can take the money they offer, and buy your bike back for the salvage value. You can then fix it, if you think it is worth it, or try to part it out. My bike was totaled, and I debated buying it back at salvage. In the end, I decided it was not worth the time and effort. If you don't have a place to store and work on the bike, it probably is not feasible for you either.
In the end, I bought a new bike that I am very happy with. I got good money for my old bike, based as the accessories coverage I had on my own insurance, plus I was blessed to have a little more to add to it.
Good luck, and I am glad you weren't hurt too bad.
2007 C50 Red/Black
2008 Nomad Blue/Silver - Total Loss
2014 Cross Country Tour Sonic Blue/Silver
2017 HD FLTRU Mysterious Red/Velocity Red