"Son, you know how you wanted to go to Harvard and work through to your PhD.?"
"Yeah dad?"
"Better get a really good job really fast, because your firends just fricasseed your college fund."
"b...b...but dad!"
"But nothing, and by the way, you are grounded until you are 21, your allowance is cut off and I sold your car, your CD collection, your video collection, your DVD collection, your stereo, your tv, your x-box, nintendo 64....well, you get the picture. You have 4 pairs of blue jeans, 6 t-shirts, 5 pairs of socks, 1 pair of Converse All -Star sneakers, 1 pair of khaki pants, 2 dress shirts, 1 suit (off the rack) and couple ties and a cheap pair of black dress shoes. Oh yeah, I replaced your calvin Klein underwear with Hanes. Now you get to see how the rest of the world lives. Oh yeah, did I tell you the carpenter just finished your new room in the basement? 10 x 10 is all anyone should need. You can use the Schwinn 10 speed in the garage to get to work and school. Better get cracking."
Really. Since a member of the family precipitated the chain of events that led to the destruction, the insurance company ain't gonna be too quick to pay off that claim.
They also need to find out exactly who was there and did what and send those nasty little sh*t's to jail. Harmless fun is when you throw a party and foul up the grass in the backyard and leave a mess in the pool area, but not so bad that you cannot clean the mess up in a hard weekend's work. If the damage requires major renovations or professional skills to repair, it's criminal.