I had to have a new engine when the sump plug departed company doing 95mph, saw the blue smoke and immediately stopped but too late terminal damage done. It only takes a few seconds for the S&S engine to cook when running hot in my case it was cheaper to buy a new engine than rebuild the old (my insurance company Hagerty covered the cost)
You got lucky! as far as the insurance...
One of the benefits with Hagerty is that parts are covered, the engine cost $10,000 after I paid my $1000 deductible they paid me $9000 the premium didn't go up either.
