Ship/module discounts and insurance

[RzareCTHa]

Hello CMDRs,

I am very close to get my first Elite rank in exploration (prolly this evening yay^^).

I have a D rated asp-e for exploration, D rated anaconda for trading and A rated python for combat.

My total worth at the moment is about 500m.

I would like to know if purchase price for a ship/module will reduce its insurance price.

-I am wondering if it's worth going to Jameson Memorial, sell everything I have, and purchase my ships back for cheaper.

-Does purchase price have a bearing on insurance price?

-I have read an old forum post that said that you should sell your modules one by one and sell the ship last, is that true? do you get a bit more money back than selling a ship outright?

Thanks a lot in advance!

O7

[SkipSh00ter]

-Yes
-Don't sell at Founders World but Yes
-Yes but it's not worth the trouble

[spike2071]

I don't know about the reduced insurance, but if you sell your ship, you only get 90(?)% of the original value. If you sell your modules individually, you get 100% of the cost.

So if you sell your ship with all the modules in it, you're taking a 10% hit on the ship and modules. Selling the modules separately means you're only taking a 10% hit on the ship.

If that makes sense. :)

[SkipSh00ter]

Originally posted by spike2071:

I don't know about the reduced insurance, but if you sell your ship, you only get 90(?)% of the original value. If you sell your modules individually, you get 100% of the cost.

So if you sell your ship with all the modules in it, you're taking a 10% hit on the ship and modules. Selling the modules separately means you're only taking a 10% hit on the ship.

If that makes sense. :)

Yes, the Insurance is based on what you paid for what's insured.

If he sells his ships at Founders World, he'll sell for Founders World price then rebuy at same price, which is why i say if you're going to sell and rebuy at a discount, don't sell at a discount at Founders.

It's not 10% hit on the ship as a whole, it's 10% hit on only the modules. In most cases, it's not worth the trouble unless you need the credits. If you're seeling expensive modules with the ship, I can deduct you don't need the credits therefor not worth the trouble.

[Mio Rin]

Insurance coverage is always calculated from purchase price, so if you buy at a discount, you have lower rebuy on that item.
You'll also have a higher rebuy on the stuff you buy with a markup.

[RzareCTHa]

Thanks for all your answers. I will try and do this, sell everything I have in a nearby system, get a sidewinder and fly to Jameson Memorial.

My reasoning is not that I would get more credits out of it. I am very interested in reducing my insurance costs. I am planning to play this game for a long time and insurance costs can pile up in the long run.

Cheers^^