Boat Valuation
Has your insurer requested a valuation?
Boat Valuation
It is quite common that an insurer will request a valuation for your vessel. This is to ensure that a vessel is not over valued resulting in higher premiums and excess contributions should the vessel suffer a partial or total loss during an incident but, as well as ensuring the vessel is not under valued whilst being insured.
How do I obtain a valuation and how is the value of my vessel determined?
Once you have contacted our team, we will schedule a time to complete an inspection of your vessel. The vessel will be assessed on overall condition as it presents at time of inspection and in compared to other vessels listed on the Australian market.
Items such as maintenance and service history play a large roll in the value of your pride and joy.
Once an inspection has been completed a letter head with your vessels particulars and photograph will be supplied stating the estimated value of your vessel.
