Marine Insurance Survey

E Marine - Grainger 1450M insurance survey at Cove Marine

When are insurance reports required?

Your insurer usually requests one every 3 – 5 years or upon:

  • change of ownership or insurance provider
  • change of use or the area of operation
  • significant repair or modification

Issues affecting insurance appraisal?

  • laminate, grounding, decay or corrosion damage
  • structural integrity of the hull, deck and keel
  • condition of the machinery and associated systems
  • seacocks, hose, clamps, vented loops, bilge pumps
  • 12VDC, batteries, security and wiring for fire risk
  • compliant 240VAC to prevent electrocution or fire
  • mast, rigging and sails for age, condition, service
  • integrity of structural fastenings and shroud plates
  • rudder, steering gear and emergency steering

Scope of our insurance survey reports

Concise reports sufficient for insurance appraisal:

  • identification, design, age and construction
  • structural and overall cosmetic condition
  • machinery and systems, condition and service
  • condition of seacocks, pumps and plumbing
  • condition and security of batteries and wiring
  • 240VAC compliance to Australian standards
  • mast and standing rigging service history
  • LPG and firefighting compliance to standards
  • rudders and steering condition and operation
  • transceivers, navionics and equipment of value
  • safety for the  intended use and area of operation
  • valuation in the current open market conditions

Limitations of  our insurance reports:

  • No in-water survey, machinery, systems trial or the rig aloft
  • No warranty is implied for any design or build standard, and
  • The report excludes any third party pre-purchase evaluation
E Marine - Century Coronado 21 insurance survey