Why do CMDRs lose all their credits in addition to their ship upon death?

SirKiwi · Jan 21, 2015

No, this has never happened to me. I have made sure to never undock without enough to cover insurance. Just wondering, what is the reasoning behind this harsh rule?
Edit: Someone is misunderstanding. Either I am wrong, or I worded my post badly. I was under the impression that choosing a free sidey if you do not meet insurance requirements takes all of your current credits. Am I wrong?
Edit 2: Ah ok, it appears I was wrong. I thought this was the case because of the horror stories of people losing their Condas and whatnot, being left broke. I guess they just sank every last penny into their ship. I would never risk my beautiful asp like that O.O

nosleepdemon · Jan 21, 2015

You don't lose your credits upon death, but you may need to pay off bounties and obviously rebuy equipment at a reduced price.

Kars Vandor · Jan 21, 2015

i am a witness you do not lose credits. i've been killed twice.

DCello · Jan 21, 2015

SirKiwi said:
No, this has never happened to me. I have made sure to never undock without enough to cover insurance. Just wondering, what is the reasoning behind this harsh role?

Must have been a bug. Never happened to me either, and died a bunch of times due to impatience and a knack for speed.

deMangler · Jan 21, 2015

You don't lose your credits or your rep or your rank when your ship is destroyed. You don't die it is currently impossible to die even if you fly your ship into a black hole. When your ship is destroyed you lose your ship, and any cargo obviously. You automatically respawn alive and well in a nearby station with a new ship. What ship that is depends on your insurance.

SirKiwi · Jan 21, 2015

Someone is misunderstanding. Either I am wrong, or I worded my post badly. I was under the impression that choosing a free sidey if you do not meet insurance requirements takes all of your current credits. Am I wrong?

Issmir · Jan 21, 2015

What happens is that folks occasionally fly out with a ship filled with expensive cargo and/or modules. Something untoward happens and the assplode (which is like exploding, but more butt).

When the insurance screen comes back, they are offered the chance to buy back their last ship with a big discount (95%) and up to 200K loan is offered to help them out.

Or they can have a sidewinder and 1K in credits. Any cash they have in their bank account still exists. So if I decided to let my clipper go poof after dying because I didn't want to spend 2.8 mil on the insurance, I would still have the cash available that I had before. It'd be a really silly decision, but I could make it. The smart thing to do would be to pay the insurance and then if I hated the ship sell it to free up the extra cash.

What's been happening is that people are occasionally caught with too little cash in their account. so they can't afford to buy back their ship even with the 200K loan. And assets they have are tied up in the ship, which they can't sell because they haven't got the money to pay the insurance company for a replacement.

DimGook · Jan 21, 2015

Edit: nevermind, OP clarified his question

Issmir · Jan 21, 2015

I just realized that I can put it clearer.

People are not losing all of their cash because they picked a sidewinder.

People are picking the sidewinder because they lost all of their cash.

SirKiwi · Jan 21, 2015

Ah ok, it appears I was wrong. I thought this was the case because of the horror stories of people losing their Condas and whatnot, being left broke. I guess they just sank every last penny into their ship. I would never risk my beautiful asp like that O.O

Issmir · Jan 21, 2015

The other horror story is HAVING the money but pressing the wrong button, losing the ship and any potential to sell it.

Amaze · Jan 21, 2015

Well it can happen that you lose your credits but if it does it is a bug.

This pilot had that problem and he also had a Viper in the hanger at the current station but was not able to select it and respawn with Sidewinder&100Cr was the only option.
https://forums.frontier.co.uk/showthread.php?t=102191
Later self destructing the free sidewinder gave his credits back

Zvanya · Jan 21, 2015

They are being dramatic. Makes their ordeal sound more horrrrrible.

Pennyblack · Jan 21, 2015

I always keep enough to pay my insurance. I can keep me current ship and cover it's cost four times over, including modules.

Thread title - Why do Commanders lose all their credits in addition to their ship upon death?

They don't know the in-game mechanics.
They don't balance there credits well.
They don't think that the unforeseen will happen to them.
They take risks that put them in a position, to lose all their credits in addition to their ship upon death.

Just to answer.

Never had to restart... I always understood the basic principles, as I've stated.