Recently had this happen to me. Bike was not as bad, one fairing cracked and scratches on other parts, nothing bent up besides the handlebars. Picked the bike up in the ditch and it fired right up and I rode it home. You are lucky to have Progressive, I can't say enough good things about them. When the guy showed up to look at my bike, he asked to see my riding gear. Boots, jacket, gloves, helmet, everything. Told him that I will do the work myself and they paid for the damage on the bike, $75 and hour for labor and gave me money for all
my riding gear.
As one poster mentioned alreay, it was a great opportunity to upgrade to parts that I could not afford before. Guess what; add up the prices for OEM bar, handguards and mirror and it comes up less than a full HDB set up
Hopefully nothing is bent up bad enough to total the bike. It is just a matter of how much time you want to put back into the bike.