I recently experienced the joy of having a clueless driver hit me from behind only to have the insurance company appraise the car for a lot less than I have into it. I now have to decide whether to do the bare minimum repair covered by insurance or whether to throw in the extra money to get the whole thing repainted, 'cause it will never look right if I wait and paint it later.

So I'm wondering how you all handle the problem of putting money into your e34s, knowing that you run the risk of loss should you get in an accident.