There is zero need for your tone towards a user asking a simple question. He didn't know, he asked in a nice manner and it was an innocent question. How do you expect someone to learn or be comfortably asking questions on HN if they're told they aren't a "literate adult" for not knowing the specifics of insurance coverage within a high risk business sector.

Not all launches are insured. One of the largest satellite TV companies in America claims to have launched their first satellite without insurance because they were so strapped for cash.

Insurance was only for post ignition, there will be no insurance payout for this accident.

Anyone know if the satellite owner took out pre-launch and transit insurance? That's a separate insurance cover from launch insurance. Satellite launch insurance starts at normal ignition and usually ends with the satellite in the desired orbit.[1]

[1] https://www.marsh.com/uk/industries/aviation-aerospace/space...

This is false. Pre-launch accidents are covered by marine cargo insurance.

Elon was talking of SpaceX's insurance. Read: SpaceX won't be recovering the cost of the launch vehicle or the payload.

Spacecomm likely has their own insurance. Hopefully more details on this will emerge.

source?