i don't think so. god knows i'd be broke by now

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UNLESS YOU'RE IN A SKELL in that case, you're looking at over 100k per dead skell on the cheap side if you don't have insurance on it. if you're going down, abandon ship. if your ai is, don't wait til they're redlined... tell them to bail at around 30-40%
every huge skell battle is an investment and a calculated risk. sometimes you might actually be better off on foot. skell's are great for soaking up damage between level 20-45 or so, but after that it levels off a bit again with the skills armor offers and cross class skills you can get for yourself (HIGHLY recommend switching classes after you hit max level too. opens up crazy mixups, but you need to be a bit stingy on the BP)
i hit level 40 the other night but i still got fear in my heart. Cauldros is a scary place.