Repair bill from BMW for the theft- £4700.
The thieves broke the steering lock, and have damaged the lockstop. The lockstop lug itself is still structurally there, it's just the front face of it that's been torn (it looks like it's constructed from tinfoil) so BMW have quoted for a new frame.
My three options:
1. Get it all done on insurance. £650 excess plus five years of increased premiums. First year hike is estimated to be £350 extra (so a grand in total), and I'd also have to declare the loss to my car insurers.
2. Get them to do a quote for the bare minimum to get the bike operational and pay out of my pocket.
3. Find bike, set it on fire.
The really surreal, stupid part is, if I'd not bothered with the tracker, it'd be total loss, my gap insurance would have kicked in, and I'd pay nothing out of my pocket and have a brand new S1000RR. Insurance hike would be the same.
It seems so daft that if the thieves had made it away with the the whole thing, we'd all be better off.
Nothing against Road Angel- they were amazing. It's the insurance process that's so dumb.