When is an insurance report required?
Your insurer usually requests one every 3 – 5 years or upon:
- a change of ownership or insurance provider,
- a change of use or area of operation, and
- after any significant repair or modification.
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 for compliance
- 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
Three limitations of our insurance survey reports include:
- no in-water survey, machinery, systems trial or the rig aloft,
- no warranty is implied for compliance to any standard, and
- it is not provided for any third party pre-purchase evaluation.