My reconstructive work was about $17K. Insurance covered about $4K of that.
It was not due to cycling, but facial trauma nonetheless. Mosh pit in the early 90s. That turned out to be one expensive concert. I'm inclined (albeit already traumatized and more than slightly biased) to think it's not worth the risk. Much like I should have stayed far at the back of the crowd that fateful Saturday night.
It all depends on who the band was!