Star citizen ship insurance

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Pilots will be able purchase insurance policies in-game. An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier star citizen ship insurance an underwriter.

Lost Your Password? I agree to the Privacy Policy. As a seasoned voyager in the ever-expanding universe crafted by Cloud Imperium Games, I take pride in my extensive expertise and meticulous understanding of every facet of the Star Citizen experience. So buckle up as we embark on an exploratory mission into the complexities of ensuring your precious fleet against the unpredictable dangers of space travel. The parallel ends there, though, as the stakes are intergalactically higher. Should your craft meet its untimely demise, SHI ensures that you can stake a claim and receive a ship of equal value, equipped with the stock equipment that was part of your original ship. The insurance cost has tangible consequences for players, much like real money affects us in the palpable world.

Star citizen ship insurance

Insurance policies are taken out by pilots for their ships , cargo , and modifications. Basic hull insurance will insure a pilot against the loss of the hull and the stock weapons that it came attached with. A regular fee must be paid to maintain this policy and operates as a reasonable running cost. Additional insurance policies may be taken out based on risk. The riskier the star systems that you are taking your ship or cargo through, the higher the premiums will be. At the Ship Retrieval Consoles, near hangars and pads, all owned ships are listed with their status. From there, Citizens have three options:. When a Claim is submitted for a ship, the terminal will display the estimated Delivery time for a new ship, with all stock equipment. At the users' choice, they may pay an Expedite fee to drastically reduce the claim time until a new ship is provided. LTI policies never expire and require no running fee, but only cover the base hull and stock weapons. LTI does not exist for modifications or cargo. Damaged Gladius for an insurance claim Insurance policies are taken out by pilots for their ships , cargo , and modifications.

Expect more expensive ships to be proportionally more expensive to insure than cheaper ships. It would also greatly reduce the ship accumulation and help maintain rarity or increase. This information is subject to change without notice as the game continues development.

This information is subject to change without notice as the game continues development. Last updated 23 November Please note that the content of this post can be seen as controversial. The information compiled is not representative of any official information and is purely provided as speculative. Official CIG posts on insurance can be found in our sources section. Insurance in Star Citizen works much as it does in real life. If an insurance policy lapses and the ship is destroyed, players may not receive a payout or replacement ship.

Insurance is a means of protection from financial loss. It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss. Pilots will be able purchase insurance policies in-game. An entity which provides insurance is known as an insurer, an insurance company, an insurance carrier or an underwriter. There are several in-game companies that provide both health and property insurance.

Star citizen ship insurance

Welcome to the wiki! Be sure to read the rules before editing, and if you have any questions or confusions, feel free to contact us! Ships and vehicles are offered with different types of insurance on the pledge store, these insurance policies cover the loss of the ship hull as well as the components that are included with the ship sale.

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The higher the risk level of the policy the more it will cost. This skews the original concept backing figures and also creates administrative work. Can I use my insurance as an excuse to simply ram other ships to death knowing I will get my ship back? If the ships a player has do not currently have LTI, then it is not possible to take out lifetime insurance on those ships. Economic Efficiency : Over time, the cumulative costs of renewing standard insurance policies can accumulate. Insurance does not tick during Star Citizen Alpha. Pathfinders Deep Space Exploration Touring. How long will my Ship insurance last in Star Citizen? While CIG allow players to melt a ship they are not happy with and use the credit towards a different ship, they do not allow LTI attribution to players who have thus abandoned their original concept pledge. This means that upon launch the LTI ships will be fixed and will become tradable assets in the universe.

Pilots in Star Citizen can purchase insurance policies for their ships, modifications and cargo. As in real life, insurance policies must be maintained: you must pay a regular fee in galactic credits the in-game currency or your policy will lapse and you will not receive a payout or a ship replacement when your ship is destroyed. Some of the additional policies like upgrade or cargo insurance will be rated based on risk levels.

The developers are committed to refinement, ensuring that policies remain fair, manageable, and in step with the living, breathing universe of the game. Insurance is a means of protection from financial loss. Insurance in Star Citizen works much as it does in real life. Contents Back to top. The value increases, but so does the risk. LTI does not exist for modifications or cargo. It's worth noting that more expensive ships will probably have higher insurance premiums, so players should expect the costs of insurance like all costs to scale with the ship value. Transmission - Comm-Link. Players do not need to worry about having to renew their insurance premiums during the Alpha phase of testing. Expediting the delivery time requires a fee, the price is depending on the ship.