DAMAGE & LOSS SURVEYS

Damage & Loss Surveys are primarily done on behalf of marine insurance companies and involve investigation and evaluation of marine casualties and claims. Marine Surveyors have had strong ties to the marine insurance industry dating back to the earliest days of shipping, and are relied upon to provide the claims department with the necessary information to quickly and fairly settle marine claims, from small boat and yacht claims on up to major shipping casualties. This information includes, at a minimum, a description of the vessel, an appraisal of the extent of damage, anticipated reasonable cost of repairs, any subrogation potential, and the proximate, or exact, cause of the loss.


Back to home page