Pretty much like I play the game as well. After the big wipe of my ~5400 hours commander my new "zero-insurance-claims-commander" is still doing well (no worries, I'll keep him after the first rebuy screen). While sitting in an A-rated FDS, partially engineered. This is (still) an ironman FA Off-only build:
Yeah I like the zero insurance idea, although only as an experienced Cmdr starting again - I don't think I'd have kept going as long originally playing with any self-imposed ironman rules
One day I will reset my save, one day. But not today