Update: Adjuster just came. I didn't get a chance to go to an indy and get an estimate. The adjuster said I need a new fender, paint, blending. He applauded the design of BMW for the funky fender. As did I when he said I needed a new one.

I'll report back the bottom line price once he calls me later. He said that insurance company prefers to just cut checks so that works out well for me.