Rear-ended on Friday in San Diego, can it be saved? Options

[tango-52]

My oldest son (21) and my wife were driving back from taking the dogs (2 welsh terriers) to the dog park. Friday afternoon freeway traffic. Cars in front of them came to a sudden stop, with the car immediately in front of them actually veering into the emergency parking. My son stopped without hitting anyone. Then this teenager (had his license for two months) behind them locks up his brakes and plows into our '73 914. No one was seriously hurt, but my wife has been sore for a couple of days. The kid was driving a Dodge Strattos, and it didn't get much damage. On the Porsche, the rear trunk lid looks ok. The lower valence is smashed and rubbing on the right tire. The right fender is hitting the tire. The top of the left fender is rubbing the tire (it was a close fit before the accident). The brand new Bursch exhaust is smashed and I would bet the heat exchangers are tweeked. The interior of the trunk is crumpled and the rest of the back end is bent in. Apparently he was hard on his brakes and the nose submarined under our car. He even missed the tail lights. Here are some photos:
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The question is, is this repairable? I know it is going to be a fight with the insurance company about the value and I read Dr. Evil's story so I am preparing for that. It just really pisses me off because I had just gotten it running great! The Bursch was really nice. Should I see this as an opportuinty for wide wheelwells and to replace the rusted trunk floor, or is this too much structural damage to save? I checked the gaps around both doors and there is no evidence that the damage went any further than the rear wheelwells. Any suggestions are appreciated.

[DonTraver]

There's 2 shops in San Diego that I can recommend. The 1st is

West Coast Specialities (858) 549-8226
7686 Formula Pl, San Diego, CA

I've used them a couple of times, my 6 has been hit 3 times while it was parked!!!
Jerks driving with their head up their asses. Caught 2 of them, 1 got away.

Good work, good prices, also the main shop for Pioneer Porsche. Shop is up off of Miramar Rd, by the Marine Air Station.

The other shop is:

Philip Thearle's Autowerks Inc
8809 Mission Gorge Rd
Santee, CA 92071-3719

Top high end car body shop in San Diego. Repair torn up race cars, Porsche's, Lambo's, Aston Martins, Rolls, etc.

Doesn't even advertise, word of mouth. Excellent work, Concours quality, but you will pay for it. Took my RS America in to get a ding in drivers door fixed. They didn't want to fix ding, wanted to just replace door ($3500 for stripped door)
Took it to West Coast Specialties.

Shop is easy to miss. Take Mission Gorge off ramp from Route 52, lights call for left turn, don't make turn, go straight, takes you into Phil's parking lot.

Check for rear clip at Autobahn parts in El Cajon. Really nice guys, good prices

Autobahn
444 Vernon Way
El Cajon, CA 92020

Pic is off my 6 after the last as*** ran into it while parked. Took it to West Coast, saved door, perfect repair.

Good Luck,
Don