Insurance Marine Surveys

An insurance survey is meant to provide a general overview of the vessel and its systems for insurance underwriting and financing. This type of survey is intended for use by insurance and finance companies to determine the underwriting decision of a particular vessel. This survey will not approach the level of a pre-purchase survey. The primary focus is to identify the vessel, its equipment, overall condition, and general value without testing full system operation. It also seeks to identify hazardous conditions that pose a safety risk to the vessel and its passengers. An assessment of vessel safety equipment as per the U.S.C.G. Federal requirements are stated.