Have you often wondered about an insurance survey for your boat and what this includes? This post was written to answer your questions.
Boating is a lot of fun. Nothing compares to that sense of freedom.
Nothing feels like being on your own boat, enjoying it with family and friends. A pleasure we all dream about.
Sometimes, this dream comes with a few issues : accidents or damage can happen to your boat. Boat insurance will give you that peace of mind of being protected if anything happens to your vessel or you damage another vessel. Now here’s the trick: to be able to obtain insurance most boats will require an insurance survey beforehand. Most marinas and hard stand maintenance yards will require proof of insurance before you are able to utilise their facilities.
Marine insurers often will not offer a policy without a full inspection and report of your boat by a marine surveyor or shipwright.
This includes checking the hull, the sea worthiness, safety requirements and a few other points.
Now before you run to the first insurance surveyor, let’s have a look at what the survey should include in detail.
WHAT IS LOOKED AT DURING AN INSURANCE SURVEY?
The surveyor will gather the type of vessel, dimensions, weight, registration number and other few details before starting the survey.
Hull underwater construction/condition
The hull is a very important part of the survey. This will be inspected to ensure its seaworthiness and if there are any signs of corrosion or damage. The surveyor will inspect items such as the shaft, propeller, the stern gland, the keel, the skin fittings… the list is quite long but you get the idea. Anything suspicious or doubtful, the surveyor will write down on the report.
Engineering installation / condition
This part doesn’t state the condition of the engine or generator, it will gather the main information of your engine such as its horsepower, the serial number, its age and the hours it ran. We recommend you engage a marine mechanic for an independent report.
Other than that, the onboard equipment is also inspected, such as the plumbing and the hoses, the water tanks, the marine toilet, the bonding system, the electrical fitting etc.
The insurance surveyor will have a peak at your generator and state its details. Make, model, hours, capacity…
Just a quick look at the batteries and their state and age.
Fire suppression system
The surveyor will have a look at the fire system and when it was last tested.
Bow / stern thrusters
The make, model and hours will be reviewed.
During the survey, it is important to check the VHF Radio and HF radio if fitted.
Cabin equipment, berths & additional equipment
The general state of the galley and the cabin equipment are reviewed. Equipment such as the stove, the microwave, the fridge…but also the berths, the air conditioning, outdoor shower and smaller things such as the GPS and any electronics.
Last but not least, the safety equipment is an important step. This includes the anchor and chain as well as the lifejackets, fire extinguisher, the compass, epirb, flares, nav lights…
To complete the insurance survey report, the marine surveyor will take photos of each step. The photos will then be added to the final report for proof.
WHAT ARE SOME POPULAR BOAT INSURANCES IN PERTH, WESTERN AUSTRALIA?
There are a lot of insurances available for your boat, and we are used to create reports for boat insurance companies such as:
It is then up to your personal preferences to pick the insurance you prefer.
Now that you know everything you need to know about insurance surveys, you can make a mindful decision to pick the marine surveyor you want to go with.
Have a read at our marine surveys information sheet.