Thanks for all the fish

[Zylark]

I learned the insurance mechanism whilst in a Cobra. Luckily without cargo when the station blew me to smithereens due to an outstanding tiny little bounty for grazing a Fed Viper. Ah, yes, at the same time I learned to check my wanted status before heading to a station, and divert to an outpost if necessary.

I had enough for insurance then by some freak luck - and ever since I've left enough for the rebuy plus a decent cargo. It is not a skill, it do not require more brainpower than buttering up toast. It is just being cautious. I was going to call it common sense, but then I remembered that common sense isn't all that common, and when it is, it doesn't make much sense

The OP got my sympathies. It is a hard lesson to learn when one is so invested already. Though zipping around in an Imp-Cruiser, I'm pretty sure this wasn't the OPs first brush with the insurance-screen, how it works should not come as a surprise.

 

[vyrago]

I didn't fully understand the insurance mechanic

i'm curious, how did you think it worked?

 

[moondog]

This tragedy is definitely worthy of 3 pages of Internet.

 

[CMDR VOLTAGE]

I'm not going to pile on all the people calling you stupid because you didn't know. If you didn't know, you didn't know.

However, don't underestimate what you DO know. Starting over would be much easier and faster this time, armed with the knowledge of how to earn money properly.

Cheers mate

- - - - - Additional Content Posted / Auto Merge - - - - -

Well done - I thought simply trading with no insurance was asking for it.

But WHAT? REALLY?

Tricked out Vulnerable Clipper, with weak or zero shields, 3 Million cargo, Bounty Hunting and no insurance.

Sign post > 'Get your Free Sidewinder Here!' <

Read better. 2.1millions rebuy cost. fully tricked out type 6 shileds etc etc etc.

 

[Telnets]

Like I said in the other thread, FD needs to implement a toggled in-game warning about not having enough insurance coverage. This is happening way too often.

.
No they dont.. its not hard to see your insurance.. CMDRs need to take some responsibility for checking this.. it would be different if FD hid this number somewhere from us, but its right there on the right panel all the time.. and 1/2 an inch away from how much money you have vs how much the insurance is..
.
Time to start looking out for yourself, then asking the world to look out for you!
.
I feel for the OP though.. its not easy to earn that first couple million.. I was "riding dirty" in my python yesterday, 2 million short for insurance after buying cargo once i bought my power plant and class A thruster upgraded.. took me a few runs to bring my funds after buying cargo up above my claim ammount, and the entire time all i thought was "man, if i loose this 80 million ive spent do far!!!!"... luckily it didnt happen, but if it did, id be upset for a day or two.. but id be back
.
Sometimes that risk, knowing you can loose it all is part of the fun.. like throwing your car keys on double zero at the casino...!

 

[Druid]

You said you didn't know about insurance but say in your post that your ship was pretty tricked out with a 2.1 million re-buy cost ? That meant nothing to you?

Oh well sorry for your loss and any confusion you suffered. Take a break it is only a months worth of work there is no win in this game just playing.

 

[[VR] Deggial]

I always TRY to fly with excess covered. However, sometimes I get cocky...

In case the unthinkable gets real, I have ships scattered in the galaxy like a squirrel has buried nuts. So, even if I would lose my ASP, there is a kitted out Viper and a not so elaborated Cobra waiting for me (and, of course, my never touched freagle).
Sure, keeping these ships will postpone my next ship purchase (the Lakon 7 is scheduled). But they are such a nice safety net as it is NOT possible to wager them in an act of delusion.

 

[OneAmongOthers]

This tragedy is definitely worthy of 3 pages of Internet.

If it takes said 3 pages to make someone understand, then yes it is worth it.

 

[djbrianw]

So you've been over a month in the game, and in that time must've had 3/4/5 ships so far? You figured out trading, combat & 67 forum posts suggest you've been active in the community too. Yet you didn't press 4 in all that time and see the rebuy cost? It's right below your credit total which you must've been aware of or you wouldn't have known how close to buying that clipper you were? I agree nav beacons shouldn't be so tough but seriously, you're blaming the game for your loss? Suck it up and get back on the horse, the galaxy needs hardened, ruthless space cowboys, and after this episode I believe you will be all three. Or you can quit like a little girl, the choice is yours but if you do choose the latter I wouldn't do it on the forums as sympathy isn't its strongest attribute.

 

[CMDR VOLTAGE]

To be fair I am not calling him stupid. I am saying he made a poor choice. Common sense! Don't give me that crap you didn't know. That kind of garbage is what people say after they plow through an intersection and hit someone then say afterwards "Oh, I didn't see that stop sign." It is easy to find your re-buy cost. Press 4 takes you right to your status panel. Go to it. Bang! Ship re-buy cost. If you chose to ignore this or lacked the common sense to understand it was there all the time you faced the consequences for your actions.

Tough break. Happens to the best of us. Get back up in the saddle and keep riding. But this time look when you come to that intersection again.

I was aware of the rebuy cost of my ship. I was unaware any specific action was required by me to activate insurance. I was under the mistaken impression that if the worst happened I would owe someone a few million and be able to pay it off over time. I would also propose that a bad decision is one wherein one is aware of the pertinent factors/risks and chose intentionally to to ignore them.

 

[Zvanya]

I didn't fully understand the insurance mechanic




Your remarks are uncalled for

The sarcastic negative remarks are uncalled for. It's a knee jerk reaction for some type of people to react this way - used to hearing from people who fully understood how insurance works but chose to risk it, then coming here to cry and rage quit publicly. This is not true in your case.

This vital information regarding insurance procedure, rebuy costs and the loan limit needs to be made more visible. A new player can get several loans for lesser ships rebuys and assume he will always be able to get a loan to cover his rebuy.

 

[CMDR VOLTAGE]

i'm curious, how did you think it worked?

I was aware of the rebuy cost of my ship. I was unaware any specific action was required by me to activate insurance. I was under the mistaken impression that if the worst happened I would owe someone a few million and be able to pay it off over time. I would also propose that a bad decision is one wherein one is aware of the pertinent factors/risks and chose intentionally to to ignore them.

 

[Sugarat]

Feel for your loss
On the plus side it only took you a month to get to the clipper and it should only take a month to do it again.
+1 rep for hitch hikers reference in the tile

 

[vyrago]

I was aware of the rebuy cost of my ship. I was unaware any specific action was required by me to activate insurance. I was under the mistaken impression that if the worst happened I would owe someone a few million and be able to pay it off over time. I would also propose that a bad decision is one wherein one is aware of the pertinent factors/risks and chose intentionally to to ignore them.

it's called Willful Ignorance. of which, you are guilty.

 

[Durden T.]

Sorry for your loss.



Probably there are no words here that will help you with the anger you must be filling now but, honestly, you did not lost everything.

I think the lesson you can learn from this one is very valuable. I've also flown without insurance some times, a lot of commanders have, but you reach a point where doing so is not risky, but mad.

It is obviously not the same risking your 500.000 Cobra than risking your +40 million Clipper.


Anyway, some rep for your lost.

 

[CMDR VOLTAGE]

thats the problem, the game is to easy and not enough challenging, you should have lost your ship countless times on your way up, that way you by now had learned what insurance is and what it does.

ED right now is like a Drug, it carebears you on the whole way up, then BAM sets you on rehab instantly. its a massive design flaw in the game.

I have lost a number of ships over the past month. Including an ASP and a clipper. Both times I was able to afford the rebuy cost. I was was mistaken in beleiving that if i couldn't afford the rebuy, the game would front me the difference.

 

[Diwrnach]

I'm more sad about this than anything, but I can't accept losing the last month of progress.

I lost over 3 weeks progress 2 weeks ago, just over 19 million that I accrued from release. Now, 2 weeks later, I have assets of around 50 million. The point I'm trying to make is now that you have some experience of playing the game it's much easier to make a lot of money very quickly. It will probably only take you a week to get back everything you've lost. It's my opinion that you should learn the lesson and get back on the horse.

Whatever you decide, good luck CMDR.

 

[Comrade Napoleon]

I was aware of the rebuy cost of my ship. I was unaware any specific action was required by me to activate insurance. I was under the mistaken impression that if the worst happened I would owe someone a few million and be able to pay it off over time. I would also propose that a bad decision is one wherein one is aware of the pertinent factors/risks and chose intentionally to to ignore them.

I wonder how you come to that conclusion, for me its always been clear, have the money up front!
I never fly with less than 4 times rebuy, but I am very careful
Anyway sorry for your loss, get back on that horse, os old ones have tried wipes = just as bad.


Cheers Cmdr's

 

[OneAmongOthers]

I was aware of the rebuy cost of my ship. I was unaware any specific action was required by me to activate insurance. I was under the mistaken impression that if the worst happened I would owe someone a few million and be able to pay it off over time. I would also propose that a bad decision is one wherein one is aware of the pertinent factors/risks and chose intentionally to to ignore them.

Again you are dodging the point. You are clearly shown what you need to have to re-buy you ship and its modules in the event of its destruction. Ship Re-buy cost. You need X amount of credits to get it back. How hard is that to understand? If they had a system that made you pay it back over time. So many would rage quit since they would be in minus of millions and millions because of no common sense. It's a decent system now. Easy to understand, and straight to the point. What more could you want?

 

[CMDR VOLTAGE]

You said you didn't know about insurance but say in your post that your ship was pretty tricked out with a 2.1 million re-buy cost ? That meant nothing to you?

Oh well sorry for your loss and any confusion you suffered. Take a break it is only a months worth of work there is no win in this game just playing.

I misunderstood how the loan mechanic worked. I thought if for som reason i couldnt afford the rebuy it would be fronted to me to pay off over time. I've lost many ships but was always able to afford the rebuy.