Doesn't that answer all questions?
In case, the engine is running, and the oil stays inside, it is tellin only, that in a Ducati place, changing frame, fork, .... cost with WORK more as a new bike.
The insurance 'bought' the bike, with a new one.
Economically, its a total loss.
Ducati is kind of a private hospital, not like the friendly old doc, around the corner. They know, you have, they want all of it.
So it only depends on how much you have to pay.
How strong the need of a winter hobbie is and how much you can do the job.
Check prices for frame, fork, rim, ...,
b/c your cost will aproxymate be the buy plus 'only' the price of the new parts.
Done that, been there.
In the 80's, I bought a last model 1000 RX, <1000km on odo, which had stucked in the side door of a car.
For really little money.
With all the new parts and getting the number stamped at a Kawasaki dealer, I paid about half of the value of the bike.