Dont be so hard on yourself. I am on a 09 GT250R, it's not my first bike but at 1500km, front tire got stuck in a right turning streetcar track while I was starting to turn left. Low speed (almost stopped...), 400 bucks for mandatory fixes and a rash that is still there (for now...), and it is the worst feeling ever! But, a few days goes by, you collect yourself and decide if you think the bike is worth it in the long run. Like others are saying, people have connections to parts, paint and labor. Bike are actually much simpler to fix than you would think.
But in the end... It's your call. Just saying that you WILL get over it and cut your losses. absolutely no point in wasting money with calling insurance or giving up riding altogether because of something like this. make the right choice... just ask for some help. Owning a bike puts you in the club, and joining these forums put you one step further in. get a quote in writing of what it needs (if you don't have already) post it here and see what happens. If it ends up costing 1000 in parts still, so be it, you tried. Everybody knows the feeling and is willing to help out.