Marine damage insurance appraisals
Marine or nautical casualty damages
Marine damage claims are quite frequent and their value is usually so high that it becomes vital for owners of vessels involved in claims to be covered by appropriate insurance policies and to rely on experienced and competent appraisers.
This type of damage can involve not only damage caused to one’s own vessel by weather events or incorrect maneuvering but also damage to other vessels, port infrastructure or people.
The marine damage insurance appraisal
The marine damage insurance appraisal is a multifaceted process that must take into account multiple factors.
First, the appointed appraiser will need to make targeted assessments to define the condition of the boat(s) involved in the claim before the claim occurred.
These assessments are necessary to establish the objective value of the damaged boat(s) but also to verify any liability arising from poor maintenance of the boat(s).
Next, any damage reported by infrastructure, property, and people involved in the marine claim will need to be assessed.
Novires experience in marine damage insurance appraisals
Novires is an experienced and qualified partner in the area of nautical damage appraisals both because it has appraisers on its team with many years of experience in nautical appraisals but also because its appraisers have all the legal requirements, i.e., the ‘marine appraiser license, to be able to perform nautical appraisals both in the area of marine liability policies and in the area of marine body policies.
