Forums > Sailing General

Insurance Survey

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Created by keelkicker > 9 months ago, 5 Apr 2018
keelkicker
41 posts
5 Apr 2018 10:39AM
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Hi

I am in need of a survey to satisfy my insurance renewal requirements, not for a purchase etc.

Does anybody know anyone that they could recommend ?? My boat is at Manly in Brisbane.

cheers

KK

Bananabender
QLD, 1610 posts
5 Apr 2018 1:00PM
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Excuse ignorance but do you need a survey or seaworthy certificate .

keelkicker
41 posts
5 Apr 2018 1:12PM
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hi bb

this is what they've asked for:

Please note that this Policy is subject to Underwriters receipt and approval of a recent and satisfactory Survey & Rig Report, to be provided within 45 days of the Policy commencing.

So i assumed it was a survey.....

kk

lydia
1920 posts
5 Apr 2018 1:18PM
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what type of boat, which insurer?

stupid
QLD, 211 posts
5 Apr 2018 3:56PM
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Maybe this guy





keelkicker
41 posts
6 Apr 2018 6:18AM
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Thanks stupid (no offence !) - i will give him a call

Lydia, my boat is a circa 1970 27ft fibreglass monohull.

Bananabender
QLD, 1610 posts
6 Apr 2018 10:38AM
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I would get clarification from them and check around with other insurance companies . Most seem to have an age limit of around 35 years and then ask for a certificate of seaworthiness not an annual surveyors report.
last time I looked a surveyor charges for insurance around $15/20 per foot plus cost of haul out and in .

frant
VIC, 1230 posts
6 Apr 2018 12:08PM
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Select to expand quote
Bananabender said..
I would get clarification from them and check around with other insurance companies . Most seem to have an age limit of around 35 years and then ask for a certificate of seaworthiness not an annual surveyors report.
last time I looked a surveyor charges for insurance around $15/20 per foot plus cost of haul out and in .


I have never heard of a certificate of seaworthiness. Has anyone other than banabender know of such a certificate as opposed to an insurance survey?

LooseChange
NSW, 2140 posts
6 Apr 2018 5:42PM
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This is taken from the GIO PDS

Proof of seaworthiness
When you apply for this insurance or before renewal of your policy we may ask you to supply us with proof of seaworthiness and good condition before accepting your application or offering renewal.
This depends on your boat's:

type and model
age
construction materials
motor type (eg. in-board petrol)
modifications
location when not in use (eg. moored).

What is proof of seaworthiness?
Proof of seaworthiness means a written report by a marine surveyor or another qualified expert certifying your boat to be seaworthy and in good condition, following a physical inspection.
We will tell you if the inspection needs to be done while your boat is in the water or out of the water.
The report needs to include checks on all aspects of the boat's operation such as the hull, electrical components, motors, structure and safety gear. The report must be less than 12 months old and you must pay for this report.

www.gio.com.au/documents/car-and-vehicle/boat/historic/gio-boat-insurance-pds-17-09-2010.pdf

If a surveyor is doing it then he's probably going to charge the same regardless of what the heading on the paper says it is, wether it is a certificate of seaworthiness or a survey. The highlighted text put in by me.

From the point of insurance it appears a certificate of seaworthiness is the same as a survey.

sirgallivant
NSW, 1531 posts
6 Apr 2018 5:59PM
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My recent insurance with QVB started in March 17 and there were no conditions.
Neither, survey nor sea-worthiness certificate (what a horsesheit) was required.
I left CM because their insistence of the above.
Still happy.

Bananabender
QLD, 1610 posts
6 Apr 2018 7:54PM
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The reason I drew the distinction was that it was my belief that only a registered surveyor could issue a survey whereas some insurance coys. will accept certificate or proof of seaworthiness undertaken by other accepted persons such as some shipwrights .It's also worthwhile asking if the boat needs to be hauled out of the water.
Most insurance companies require such if the boat is over 30 years old.
RACQ and GIO asked for proof of seaworthiness whereas Club Marine for example wanted a survey report by a marine surveyor. The ships maintenance and repair company I use advised they could supply one for me but not if I use Club Marine .
I ended up going with QBE as their age cut off for such a document is 1982 and my boat is 1985.

frant
VIC, 1230 posts
6 Apr 2018 8:05PM
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Select to expand quote
LooseChange said..
This is taken from the GIO PDS

Proof of seaworthiness
When you apply for this insurance or before renewal of your policy we may ask you to supply us with proof of seaworthiness and good condition before accepting your application or offering renewal.
This depends on your boat's:

type and model
age
construction materials
motor type (eg. in-board petrol)
modifications
location when not in use (eg. moored).

What is proof of seaworthiness?
Proof of seaworthiness means a written report by a marine surveyor or another qualified expert certifying your boat to be seaworthy and in good condition, following a physical inspection.
We will tell you if the inspection needs to be done while your boat is in the water or out of the water.
The report needs to include checks on all aspects of the boat's operation such as the hull, electrical components, motors, structure and safety gear. The report must be less than 12 months old and you must pay for this report.

www.gio.com.au/documents/car-and-vehicle/boat/historic/gio-boat-insurance-pds-17-09-2010.pdf

If a surveyor is doing it then he's probably going to charge the same regardless of what the heading on the paper says it is, wether it is a certificate of seaworthiness or a survey. The highlighted text put in by me.

From the point of insurance it appears a certificate of seaworthiness is the same as a survey.


I don't mean to be pedantic but there is no such thing as a "certificate of seaworthiness" and the insurance company does not ask for one. For a motor vehicle a "Certificate of roadworthiness" does exist where a licensed tester issues such a certificate declaring that the vehicle meets prescribed standards of roadworthiness with liabilities coming back on the tester should he have failed or neglected to carry out prescribed testing and inspection.
The insurance company is requesting a Marine surveyor to report on the results of his inspection and "certify" that this report is a true representation of the vessel condition as inspected. No marine surveyor will go beyond this and "certify" that the vessel is seaworthy as that is beyond the scope of an insurance survey. A surveyor may well declare a vessel to be unseaworthy or require remedial action to bring to insurance standards.

mike_e
NSW, 71 posts
6 Apr 2018 9:56PM
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See here as required by club marine each 5 years. www.clubmarine.com.au/internet/clubau.nsf/docs/content.special-conditions.table/$FILE/Club%20Marine%20Risk%20Evaluation%200613.pdf
shipwright can signoff on boats under 30 ft.

Bristolfashion
VIC, 490 posts
6 Apr 2018 9:57PM
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All the good surveyors seem to know exactly what the insurance company is after.

Cheers

Bristol



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"Insurance Survey" started by keelkicker