Even If the chassis is bent, is this still classed as a write off, being a Morgan ?
It all depends upon the money!
Yes you can rebuild it , no problem , but factor in the hours of labour from a dealer and you quickly rank up the £££££s. The insurance company will only pay up to the market value (or agreed value if you go with certain companies) and this can be a long way short of the rebuild cost if it needs a new chassis, frame front, wings, valences , steering , suspension, wheels etc etc.