Insurance Company

[williammgary1]

i think it would be based on the natural disasters, meaning if your building burns down / factory burns down (in this case maybe also 5 years future income) but insurance rate is high, you get insurance money for value, think it could be a simple to add in to the "random events" part of game.

I think local companies (not AI/Player companies) would be ideal customers of the business insurance and using stasitics based on a number of factors (as I mentioned in a previous post) would be the ideal way to introduce and handle this type of insurance.

[Arcnor]

I think for the time being just focus on consumer insurance and business insurance could be added down the road once the insurance functionality has been tested and proven.

How are claims going to work? What game events will drive the need for claims? Will there be any "rainy day fund" requirements?

[williammgary1]

I think for the time being just focus on consumer insurance and business insurance could be added down the road once the insurance functionality has been tested and proven.

How are claims going to work? What game events will drive the need for claims? Will there be any "rainy day fund" requirements?

If we going to get it introduced we need to get it introduced during development. Do it based off stats and in theory only the private companies are customers of business insurance and allow the player/AI to define which business insurance they offer and in the claims section of business insurance it tally's claim.

It would be nice to have an option to stop selling new policies that way existing customers can be service but new policies are not issued in times of high claims which could lead those issuing new policies in such challenging times the ability to raise insurance rates. (this could get complicated but nice game play)