Sorry to hear that man. I would be bummed too. Personally, I would compare the increase in insurance to the $3500. If I only had to pay an extra $100 a month for 12 months with a $500 deductible, that would only cost you $1700 not taking into account FVM. I would much rather pay $1700 than $3500.
I would suggest you be more careful about where you park. I drive my car daily and I am extremely careful about where I park. Of course, I would have given anything to drive a Porsche when I was 17 crunched door or not

. Good luck.