Just wanting to give you a bit of advice mate - I work in claims and deal with Accident Exchange on a daily basis
First and fore most, the police do not have a duty to report the accident unless someone sustains an injury. As long as they attend the scene of the accident and clear up the debris, that is their job done.
In terms of offer, you will get offered the trade value for the car. Because you are still the owner of the vehicle, they will deduct a salvage value based on the amount of damage. This is then deducted from the settlement due to there still being value on the car. Wheels, tyres, interior, head unit, engine, exhaust, etc
Obviously, its not very convenient having an extremely damaged vehicle on your drive so I would say to them that you will sell to a salvage yard and anything less than £3k that they offer you should be covered by the at fault insurers.
In terms of accident exchange, you need to be very careful. They are currently on the verge of administration due to situations like this. They make themselves sound like the good guys by giving you a like for like car quickly, etc. What people dont realise are insurers are catching onto this, and when Accident Exchange send the bill to the insurance company for £xxx per day, the insurers are disputing the amount charged, need for like for like vehicle, etc and it can end up with you needing to attend court and them pursuing you for the money. The reason I say this is I work for an insurance company and specialise in these claims, defending against accident exchange. Not in terms of the personal injury but the "credit hire" aspect.
Who is the company that insures the guy that hit you?
If you want anymore information or want to discuss it in more detail, drop me a PM and I will help you out if possible mate.
Hope the recovery goes OK and you get the settlement your after.
All the best
