Clarification on LTI by CIG

[LurchLord]

Disco Lando explains LTI

Might be of interest to people, Lando was nice enough to make a clarification post on Spectrum.

Aunt Edit says: and of course even though he was as precise and direct as possible, there is still a spectrum-shitshow™ going on

 

[Montoya]

I still dont understand.

I will just figure it out in-game.

 

[Montoya]

Here is a diagram from reddit explaining it better

 

[Thalstan]

It looks pretty decent, but if you read this early, please go back and read it now

LTI Notes for Star Citizen 1.0 - Star Citizen Spectrum

Bottom Line Up Front: This system is an evolution of our intended implementation, adding additional functionalities and comforts to our players, while maintaining every functionality that has ever...

robertsspaceindustries.com

it got initially published after an initial draft while it was still intended to be edited because Disco forgot how to use CIG tools in specturm. It happens.

From my take
Once 1.0 goes live, this is the CURRENT plan for Insurance.

1. IN GAME Purchased Ships
2. Ships can have insurance paid for in-game. If the ship is destroyed and you ONLY have insurance, the payout amount will be determined by the condition of the ship and the level of the insurance. Level 1 is the ship chassis and stock components, level 2 is level 1 plus it will include any custom components, level 3 will be level 2 PLUS any decorations (NOT CARGO)
3. In addition, there are transferrable warranties that can be earned in-game. When you have insurance AND a warranty, you get the ship back. If it's level 1 insurance, it's only chassis and base components. Level 2 will get your custom components back as well, and level 3 will also include that decoration.
4. for REAL MONEY SHIPS (Website purchased ships)
5. ALL website ships will include a warranty
6. Insurance will run the specified length of time (1 month to LTI) Once insurance expires, you will need to pay an additional cost to get the ship back, but you will ALWAYS be able to get it back.
7. Insurance included in the website will be level 1. So you ONLY get your ship chassis and base components back
8. You can purchase additional insurance that will AUGMENT your website insurance to boost it to level 2 and 3 if you desire. It does not REPLACE your insurance.
9. Since all website purchased vehicles will have a warranty, you will get your ship back instead of just receiving a cash payout when it's destroyed.

Examples.

1. I was nostalgic and kept my Hornet F7C Mk I ship. I am NEVER going to fly it, I am NEVER going to upgrade it as I have a F7A Mk II. I am keeping it as a Hangar queen. It has LTI on it and was bought on the website. I am fine leaving it at the base level insurance level. Even if I did fly it, since I am never upgrading it, I am still fine with just level 1 insurance and warranty.
2. I have Zeus Mk II ES (Explorer). I have it decked out with rare and custom components that are hard to find and replace. Even thought I have LTI, I probably want to boost my in-game insurance to level 2 so that I automatically get my custom Components back NOW, if I had only a few cheap and very readily available upgrades, I might keep my level 1 insurance and "self insure" the upgrades.
3. I have a 890 Jump that I have not only kitted out with a bunch of very expensive custom components, but I have also decorated it so that it's my personal traveling bar, ready to host a drunken Test bash, or a cocktail party (after a week of decontamination and fumigation from the Test bash). Because I spent 10 weeks curating and collecting those decorations, I decide that I want to up my insurance to level 3 just so I don't have to do it again.
4. I have a 85X with 2 months insurance that I bought through the website (so it has a warranty. For some reason, I don't see any of the warnings, etc., and my insurance had run out, but I use it anyway. It gets destroyed. I will have to pay some other fee, but I CAN get my ship back. NOTE: That fee might be 100 percent of the cost of an 85x through the in-game store.
5. I have a Cutty Black that I have purchased in-game. I keep level 1 insurance on it, but no warranty. It gets destroyed one day while I am busy searching the hold of someone else's ship;. I get money back from it based on the condition it was in (not sure when this is measured)
6. I have a Connie I bought in-game and I keep level 1 insurance on it and I used one of my transferrable warranties on it. If it gets destroyed, I get back the base Connie Andromeda with the associated base components
7. I have a Cutter I bought one time to get me the heck out of Pyro. I insured it for one month and forgot about it. Two years later, it was the only ship I had available to me (insurance timers) and I didn't want to bother with insuring it again, so I bring it out just intending to hop up to the space station. I end up botching the landing and it gets destroyed. That ship is now lost to me forever with no payout.

Hope this helps people.

 

[Thalstan]

Here is a diagram from reddit explaining it better

View attachment 26016

This is a very good diagram. I think the only thing that might be missing is the money you get back without a warranty (but with insurance) is the condition of the ship and components.

 

[Mudhawk]

Sooo...
If I read through all that stuff correctly then LTI translates to a permanent Level 1 Insurance.
Stock components and chassis.
But for a li'l fee you can upgrade to Level 2 or 3 (In case of an extensive Whiskey collection this is advisable)
And if you bought your ship in the store for real cash then you can always get it back (for a fee) even if your insurance ran out and you ignored the big red "Wouldn't do that if I were you lass" popups.
On the other hand, if you earned your ship in game and did NOT get an insurance...
Ah well, I always look for cheeap deckhands. ;-P
PS: Gotta hand it to you @Thalstan. Great examples

 

[Thalstan]

Sooo...
If I read through all that stuff correctly then LTI translates to a permanent Level 1 Insurance.
Stock components and chassis.
But for a li'l fee you can upgrade to Level 2 or 3 (In case of an extensive Whiskey collection this is advisable)
And if you bought your ship in the store for real cash then you can always get it back (for a fee) even if your insurance ran out and you ignored the big red "Wouldn't do that if I were you lass" popups.
On the other hand, if you earned your ship in game and did NOT get an insurance...
Ah well, I always look for cheeap deckhands. ;-P
PS: Gotta hand it to you @Thalstan. Great examples

Basically, it transfers to a permanent level 1 insurance PLUS a permanent non-transferrable warranty (you can't transfer it to another ship). That warranty part is the new thing and it's important to questions people new to the game or newly back from the game might have.

Thanks for the like! Appreciated.

 

[Alia_and_Gotin]

Here is a diagram from reddit explaining it better

View attachment 26016

Nice! thanks for posting this, makes it easy to understand

 

[Mudhawk]

Basically, it transfers to a permanent level 1 insurance PLUS a permanent non-transferrable warranty (you can't transfer it to another ship). That warranty part is the new thing and it's important to questions people new to the game or newly back from the game might have.

Thanks for the like! Appreciated.

Well yeah, that warranty part might be misunderstood by many. I don't know about US warranties but here in Germany a warranty is fixed to a product on purchase.
And it is the insurance you may have for your car that might be transfered if you get a new one.
Guess further down the road we'll need a TEST Insurance Personal Service (TIPS) or something anyway.
Considering the probability of our dear members getting blacklisted by your average insurance company....
(Then again, once our drydocks start pumping out ships no member will have to go without a testified standard issue Aurora in Yellow and Black one way or the other)

 

[NaffNaffBobFace]

Good to see confirmation of level 3 contents insurance and permanent warranty on LTI storebought ships, good to know.