These forums have been archived and are now read-only.

The new forums are live and can be found at https://forums.eveonline.com/

Player Features and Ideas Discussion

 
  • Topic is locked indefinitely.
 

Ship Insurance Change Suggestion
Author
Previous Topic Next Topic
Deckel
Island Paradise
#1 - 2017-04-15 02:06:30 UTC  |  Edited by: Deckel
Ship Insurance is voided upon transferring ownership of the ship, or repackaging it. This is fine, however cancelling insurance before the contractual time is up in the real world means that the insurance company owes you a rebate for proportional time that they no longer have to insure you for, therefore:

Cancelling or voiding ship insurance before the due date should rebate the insurance in some amount proportional to the amount of time left on the insurance. I would suggest the rebate amount to be half the initial value paid minus the proportional amount of time already used up on the contract.

This would be exceptionally useful for Corp and Fleet loaner ships when they are returned after a single op.

And speaking of ops and loaner ships, an excellent mechanic to add would be for insurance to remain in place, and be owned by the player lending a ship to another player. This could be used with the current insurance scheme, or an additional insurance level could be added, such as 'Diamond', which could cost a little more. What this would mean is that the ship that is contracted or given/traded to another player has insurance already active on the ship, and should this ship die, the insurance will be paid to the owner of the insurance rather than the owner of the ship. The owner of the ship would have to buy new insurance, or repackage the ship to void the previous insurance.
Cade Windstalker
#2 - 2017-04-15 07:25:17 UTC
I disagree, insurance on ships has always been a trade off between planning and risk mitigation, and in terms of game mechanics the system as a whole is already a net ISK faucet, it doesn't need another way for players to recoup costs out of it. If Insurance is a big enough issue then simply don't take the ship back until the Insurance has either run out or been used. (though the latter case may make taking the ship back difficult...)
Do Little
Bluenose Trading
#3 - 2017-04-15 08:39:51 UTC
Ships can be insured by corporations and flown by any member of the corporation. https://support.eveonline.com/hc/en-us/articles/212726885-Insurance
Deckel
Island Paradise
#4 - 2017-04-15 08:48:19 UTC
Do Little wrote:
Ships can be insured by corporations and flown by any member of the corporation. https://support.eveonline.com/hc/en-us/articles/212726885-Insurance


Oh, I specifically looked around a bit to see if that existed and didn't see it. Learned my 1 thing for the day I guess.
Jonah Gravenstein
Machiavellian Space Bastards
#5 - 2017-04-15 11:12:37 UTC
Deckel wrote:
....however cancelling insurance before the contractual time is up in the real world means that the insurance company owes you a rebate for proportional time that they no longer have to insure you for....
I'm sorry to tell you that this isn't the way it works IRL, at least in the UK. If you cancel a policy before the contractual period is up insurance companies can, and often do, keep your entire premium if you paid up front; if you pay in installments they'll charge you for the privilege of cancelling, sometimes that charge is the same as the total of the remaining payments.

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
Omnathious Deninard
University of Caille
Gallente Federation
#6 - 2017-04-15 12:58:26 UTC
The best way to handle the insurance issues is to simply remove insurance from the game.

If you don't follow the rules, neither will I.
Deckel
Island Paradise
#7 - 2017-04-15 15:57:08 UTC
Jonah Gravenstein wrote:
Deckel wrote:
....however cancelling insurance before the contractual time is up in the real world means that the insurance company owes you a rebate for proportional time that they no longer have to insure you for....
I'm sorry to tell you that this isn't the way it works IRL, at least in the UK. If you cancel a policy before the contractual period is up insurance companies can, and often do, keep your entire premium if you paid up front; if you pay in installments they'll charge you for the privilege of cancelling, sometimes that charge is the same as the total of the remaining payments.


And this is why insurance companies, and insurance salesmen are the lowest scum on earth. (even below lawyers and politicians)
Jonah Gravenstein
Machiavellian Space Bastards
#8 - 2017-04-15 17:08:46 UTC  |  Edited by: Jonah Gravenstein
Deckel wrote:
Jonah Gravenstein wrote:
Deckel wrote:
....however cancelling insurance before the contractual time is up in the real world means that the insurance company owes you a rebate for proportional time that they no longer have to insure you for....
I'm sorry to tell you that this isn't the way it works IRL, at least in the UK. If you cancel a policy before the contractual period is up insurance companies can, and often do, keep your entire premium if you paid up front; if you pay in installments they'll charge you for the privilege of cancelling, sometimes that charge is the same as the total of the remaining payments.


And this is why insurance companies, and insurance salesmen are the lowest scum on earth. (even below lawyers and politicians)
Are you including bankers, secondhand car salesmen and real estate agents in your scale of scumbaggery?

In the beginning there was nothing, which exploded.

New Player FAQ

Feyd's Survival Pack
FT Diomedes
The Graduates
#9 - 2017-04-16 11:13:23 UTC
Omnathious Deninard wrote:
The best way to handle the insurance issues is to simply remove insurance from the game.


This is the best answer.

CCP should add more NPC 0.0 space to open it up and liven things up: the Stepping Stones project.