A
Condition & Value (Insurance) Survey,
often referred to as a C&V Survey
or Insurance Survey, is a condensed version of a pre-purchase
survey that
focuses on the "seaworthiness" and safety aspects of
the vessel. Also included is a market valuation of the vessel.
The survey can be performed
with the vessel hauled or in the water, depending on the criteria
of the insurance company. A sea trial is not normally performed.
A
Condition & Value Survey from Donnalley Marine is guaranteed
to meet the standards of the requesting insurance company. This
does
not necessarily mean the insurance company will insure your boat.
An insurance company may opt to decline coverage or insist that
certain deficiencies are corrected before issuing coverage.