The insurance guy finally went and looked at my bike and called me today. I was rather surprised to find out that they're recommending totaling the bike. I talked to the dealer and they were at-a-loss-for-words as well that the insurance company wanted to total it.
Estimated repair was $2500, bike value is $5200 (give or take) and the point where they would total the bike is around $3700 or so.
The insurance guy's concern is that it when they tear it apart they'll find more damage and that'll bring the estimate over the "total" amount. Personally, I think they don't want to deal with repairing a bike and would rather just pay me the money.
I did ask about removing the aftermarket stuff from the bike and the insurance company said no problem. So I'll be able to remove the Scepter pipes, EZ bracket posts, Steble horn, etc. with no hassle.
So, now I have the make the decision of taking the money or going against the insurance companies recommendation and having it repaired. I personally think it's repairable, but how often do you have an insurance company that just wants to give you full-amount for the vehicle without any hassle?
I guess I'm leaning toward having it totaled. If I do, I'll be buying another bike soon, but may wait for a month or two. It probably won't be another America/Speedmaster though - maybe a Tiger or a Sprint if I stay in the Triumph family (which I want to).
I still can't believe my time with the Speedy is going to end like this.
BTW, here is a pic of the rear fender damage:
