Server Development
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Joined: Tue Mar 25, 2014 6:47 pm
Sat Feb 20, 2021 12:04 am
Ship Insurance
The insurance payout is based on the estimated market value, with some slight modifications.
The market value of the ship hull itself is based on the value of the materials required to construct the ship.
Market values are recalculated periodically based on market trends to account for changes in the material prices.
The payout amount is determined by the level of insurance purchased, which can be seen below:
The actual payout amount will be listed on the insurance page when requesting an insurance quote.
The insurance contract lasts for 12 weeks, but will be voided under the following circumstances.
The ship is repackaged
The ship exchanges owners, whether this is by trade, contracts or boarded in space
The ship is placed in a corporation hangar.
The ship was destroyed by CONCORD. In this case, the 10% for no insurance is forfeit also.
Ships can also be insured by corporations, allowing the members of the corporation to utilize the ship whilst still covering the potential losses upon its destruction.
This works in the same way as insurance does for individuals, with the following exceptions:
The ship to insure must be in a corporation hangar
The insurance premium is paid from the corporation's wallet
If the ship is destroyed, the insurance payout is sent to the corporation's wallet division used to pay the premium.
If the ship is boarded by any character not part of the corporation the ship is insured by, the contract becomes void.
copied from https://support.eveonline.com/hc/en-us/articles/212726885-Insurance with edits for Alasiya-EvE
The market value of the ship hull itself is based on the value of the materials required to construct the ship.
Market values are recalculated periodically based on market trends to account for changes in the material prices.
The payout amount is determined by the level of insurance purchased, which can be seen below:
The actual payout amount will be listed on the insurance page when requesting an insurance quote.
The insurance contract lasts for 12 weeks, but will be voided under the following circumstances.
The ship is repackaged
The ship exchanges owners, whether this is by trade, contracts or boarded in space
The ship is placed in a corporation hangar.
The ship was destroyed by CONCORD. In this case, the 10% for no insurance is forfeit also.
Ships can also be insured by corporations, allowing the members of the corporation to utilize the ship whilst still covering the potential losses upon its destruction.
This works in the same way as insurance does for individuals, with the following exceptions:
The ship to insure must be in a corporation hangar
The insurance premium is paid from the corporation's wallet
If the ship is destroyed, the insurance payout is sent to the corporation's wallet division used to pay the premium.
If the ship is boarded by any character not part of the corporation the ship is insured by, the contract becomes void.
copied from https://support.eveonline.com/hc/en-us/articles/212726885-Insurance with edits for Alasiya-EvE