Yes, you buy a game package and it generally comes with a ship. The basic package right now comes with 3 months of insurance. That isnt 3 months of time that is 3 months of game time in chunks of (12hrs at the moment). Once that runs out you will have to buy more insurance in game with in game money. If you lose your ship all together and dont have enough money you will have to do missions on other people's ships or on planet to earn enough to buy a new ship.