Falcon one payload costs

[subzero788]

Do companies take out insurance policies or get a guarantee from the launcher that their payload will actually lauch correctly and reach the right orbit? Cause I wouldn't want to spend millions of dollars on a launch that a) didn't get my payload into orbit and b) blew it up. <br /><br />Just curious...

 

[najab]

><i>Do companies take out insurance policies or get a guarantee from the launcher that their payload will actually lauch correctly and reach the right orbit?</i><p>For the 3rd or 4th flight, sure. No insurance company will cover a first flight.</p>