gutted 4 ye chap, they'l write it off at the drop of a hat with a car thats worth around £1k
ye might want to see how much they offer you for it then ask them how much they want for the car (to buy it back as such), if its low enough it might be worth keeping hold of it and selling any good parts you have on ebay to net some extra cash to put towards a new car.
my 2p
Jay