ZachZent
commented
4 years ago My idea of ship insurance
When building a ship, you use the blocks you have in your inventory. If you build near a shipyard, you can pay for additional blocks. Those blocks you buy would be the value of the block plus a small extra charge as cost for building at a shipyard. This can turn into a reputation system where the better relationship you have the less the extra charge is or no extra cost for building at one of your own, but that is a different discussion.
At a station, you can purchase ship insurance. Say in increments of 10%. The cost would be an amount based on the value of your ship per [amount of time]. If it is destroyed, you will get a percentage back when you respawn at a station in currency. You can use that to help fund building a new ship or spawning the model of ship that was destroyed. Assuming you have extra money in the bank which also a different discussion.
Since ship insurance has come up a few times as comments and on Discord, so here is a discussion for ship insurance and to see what plans are being made for them.