Freehold Insurance

Based on the last update video and the freehold discussion/video, sounds like it's possible to have a freehold destroyed. Considering the seeming vast amount of time and money one could invest in the creation of their piece of paradise, what type of insurance policy could I buy to protect my investment. Not kidding. Going for realism here? I don't know that I have the playtime or tenacity for a freehold, but just the thought (as in life) of losing my home to circumstances outside my control would deter my from investing without some way of recouping my time & money should disaster strike. Thoughts?

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Lughlaoch

All great thoughts and answers (links). Thank you. Sounds like the Inn for me (or apartment). I'll need to watch others slaughter pigs from afar.

daveywavey

Lughlaoch wrote: »

All great thoughts and answers (links). Thank you. Sounds like the Inn for me (or apartment). I'll need to watch others slaughter pigs from afar.

Can always do it in real life, instead. See if they drop the same materials.

tautau

A player could set up an insurance company in game, or a bank, if they have established sufficient trust in game. If a player does, pay them the monthly premiums and they will pay you if your freehold is destroyed. Seems a valid extension of the risk/reward concept.

Andrewsuper

Oh, let me tell you about the magnificent world of Freehold Insurance! It's an absolute marvel, providing a safety net that's almost as elusive as a unicorn! I had the pleasure of encountering this gem while delving into the realm of Pocket Option Binary Options. It's like finding a pot of gold at the end of a rainbow – rare and magical! With Freehold Insurance, you'll feel invincible, protecting your assets in the financial markets. It's like having a secret weapon against market uncertainties. Embrace the wonders of Freehold Insurance and sail through the choppy seas of online trading with confidence!

daveywavey

tautau wrote: »

A player could set up an insurance company in game, or a bank, if they have established sufficient trust in game. If a player does, pay them the monthly premiums and they will pay you if your freehold is destroyed. Seems a valid extension of the risk/reward concept.

Ooopsie, looks like you didn't read the small-print. We can't pay out in this instance. But thankyou for your custom.

Abarat

Depraved wrote: »

Noaani wrote: »

Depraved wrote: »

invest on people, they will help you defend it.

Investing in people is one of the lowest returns possible.

I mean, all it takes is someone with slightly deeper pockets and not only is your investment lost, but it could turn out to be the thing that takes you out.

what i mean is make friends,

I think this is the part that confused him.

Abarat

Caravan insurance will be a thing... both from individuals and nodes, i believe.

Who the authority/entity be which would issue the freehold insurance? Node?, guilds who control castles?

How might it work? You would still need to get the plot of land. even if all the cost was paid, still no guarantee you can get another one.

Maybe a cash (and/or resources) pay out?

Ayeveegaming1

Abarat wrote: »

Caravan insurance will be a thing... both from individuals and nodes, i believe.

Who the authority/entity be which would issue the freehold insurance? Node?, guilds who control castles?

How might it work? You would still need to get the plot of land. even if all the cost was paid, still no guarantee you can get another one.

Maybe a cash (and/or resources) pay out?

If I may ask, what makes you think that caravan insurance will be available? Is there mention of it somewhere?

Electronn

Ravicus wrote: »

If I may ask, what makes you think that caravan insurance will be available? Is there mention of it somewhere?

Steven has said that caravan owners can set up insurance for other players who buy space on a caravan run. There is even an escrow system to ensure payment.

Details here:
https://ashesofcreation.wiki/Caravanserai

Ayeveegaming1

mcnasty wrote: »

Ravicus wrote: »

If I may ask, what makes you think that caravan insurance will be available? Is there mention of it somewhere?

Steven has said that caravan owners can set up insurance for other players who buy space on a caravan run. There is even an escrow system to ensure payment.

Details here:
https://ashesofcreation.wiki/Caravanserai

Oh, that is helpful, thank you very much.

RocketFarmer

Related question would be how much will Intrepid allow for free market systems not controlled by the game system? That is player to player transactions. A player run insurance company would be just one example.

Obviously the limit would be only in game resources could be exchanged, otherwise it violates the non-pay-to-win objective.

Gambling transactions? A derivatives market? Player to player contracts? Private legal systems?

I can see a very wide range of potential player controlled markets if Intrepid allows them. The key feature is these are all voluntary transactions.

Andrewsuper

superhero6785

Lughlaoch wrote: »

Based on the last update video and the freehold discussion/video, sounds like it's possible to have a freehold destroyed. Considering the seeming vast amount of time and money one could invest in the creation of their piece of paradise, what type of insurance policy could I buy to protect my investment. Not kidding. Going for realism here? I don't know that I have the playtime or tenacity for a freehold, but just the thought (as in life) of losing my home to circumstances outside my control would deter my from investing without some way of recouping my time & money should disaster strike. Thoughts?

What are you trying to insure? Your blueprints and such will be mailed to you, so that's not wasted. When you get a new Freehold you can simply place the buildings back down.

Do you want insurance on the resources in your storage? That defeats the purpose of allowing people to loot them.

Do you want insurance on the Freehold "value" so when you lose it you haven't "wasted" all those property taxes you paid? You already received the benefits for paying taxes. You pay a tax to "rent" the land for a period of time. Nothing guarantees you those property rights in perpetuity.

Losing the freehold is the risk part of the equation. Otherwise, it would be all reward, and Ashes is not intended to be a PvE crafting simulator where you build the farm of your dreams. Purchasing a Freehold is essentially opting in to PvP. You accept the risk and obligation to defend it. If you don't want that level of risk, then stick to instanced Apartments and using in node or others' amenities.

Pyrolol

^ Perfectly said

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