I’d suggest that would be written off, but yeah, you could have good cover. That whole rear quarter has to come off and be replaced.
Certainly repairable if you were doing it yourself and could take the time to strip the car and drill out all the spot welds. Weld in the whole new panel. Then a large part of the car will need to be resprayed.
If that has plenty of goodies, and those wheels say there might be, I’d be seeking to buy the car back out of the payout, find a straight body and swap everything over.