Mate. Im sick of reading this and similare posts to this, Jus cause you dont have insurance does not mean you cant afford insurance. In alot (most) cases it is not financially viable to pay the stupidly high premiums for god know's how long and then the ridiculously high excess fee's if one day something like this does happen. And then have to fight with the insurance company who can constantly change the rules and move the goal posts to suit the argument and weasel thier way out of paying the originally agreed amount.
But im guessing buy your profile stating "you dont have to be young to enjoy a GTR" Your an older bloke so insurance only costs you a bout 12 bucks a year so in your case yes you would be an idiot not to have it.
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Sorry to hear bout the car crash mate this is the reason i dont drive mates quick cars and dont let them drive mine to many complications when things go wrong.
But i do feel for you i crashed mine a little while ago at oran park massive pain in the arse time and cost wise.
But i thought that was a rite off and it was not so ask around see what you come up with.
Have you and your mate acually talked about your options in regards to retribution and compensation.