Mate that is horrible news and sounds very painful, I hope you have a speedy recovery.
As for the bike...
When I had my accident last year the ST was written off.
Instead of buying the crashed bike at the price the insurance company wanted I worked very hard to remove all the mods before it went to auction.
I then brought it from the auction house...
If I had gone with the price the insurance company wanted in the beginning I would have kept the bike had all the time in the world to remove the mods and or repair the bike.
Regardless of what you decide I wish you all the best
Cheers
Shiney