Collision repair question- bracket comp?

I got nailed about 2 weeks ago in a hit-and-run. Made for a fun
weekend. I did file a police report, but my insurer isn't the best,
and the damage looked mostly cosmetic, so I decided (probably
foolishly) to pay for the repair out of pocket.

I took the bike in for an estimate. Silly me, I figured around $1000,
which I figured would balance out my insurance premiums over the next
few years. There is line item in the estimate which I am unsure of,
and thought I would ask before making a decision on what to take care
of for now.

Part # 43510-39B20 1 Bracket Comp, Front $571.42

I googled the part, but couldn't really find much that was meaningful
to me. I don't even know what it is, exactly.

Background:
04 Suzuki VS1400GL
General paint and dents in the tank (I wasn't going to have that
fixed, just yet, to keep it under $1000). Bent handlebars, signal
lamps trashed, lost mirror, bent footpegs. Wheels aren't bent, no
engine damage (that I can tell). Front brakeline is leaking from the
grip.

Any and all aid would be appreciated.
-ps

 

Ron Ayers website shows # as
Part Number: 43510-39B20
Description: BRACKET COMP,FR
Price: $427.71

Bracket, Complete Front.
Big ass piece of metal that goes from one side of the bike to the other that
the footpegs mount into.
http://www.ronayers.com/fiche/300_0270/footrest/footrest.cfm

My condolences.
PQ

 

Hit and runs are generally covered under the unisured motorists portion
of the insurance. Usually, this should not affect your rates.

 

Thanks all. I ended up filing an insurance claim after all. While I
was willing to live with some dents and scratches, part of me (or my
wife) said "No way. That's your first "new" bike. Get it fixed." And
I'm short the full amount, so I'm crossing my fingers on the insurance
biz.

Thanks again!
ps