I wouldn't do it, you may actually spend less than 2500$ on maintenance.
Having said that some people have had those insurance co's pay out for expensive repairs.
hid lights hid kits
Hot: 2001 Estoril M Roadster
ZCP 19's, ZHP knob, JL 8W3
Cold: 2002 TiAg M3 6mt
ZCP 19's, ZHP knob, GROM, OEM 18's,