This survey is limited to the needs of insurers and as such does not provide the same depth of inspection or level of detail as a pre-purchase survey. The C & V survey may not be used for that purpose. The vessel is identified by its model and unique hull number, as is all the major equipment aboard. This inventory is concerned primarily with safety related and/or high cost equipment. All documentation should be aboard the vessel – registration or license etc. Through visual inspection and use of appropriate tools, including traditional percussion and moisture meter, the structural integrity and soundness of the hull, decks and cabins are determined. Special attention is paid to sections and fittings below the waterline. Safety related features of the boat over and above requirements are noted, as are deficiencies, with consequent level of risk evaluated. All systems, including engines, are inspected for gross deficiencies. Trailers are not inspected as this is the responsibility of the appropriate provincial authority. No invasive or dynamic tests are performed. In the case of sailboats, installed rigs are normally not inspected above deck level unless there are clear indications this is required. An evaluation is included, Fair Market Value determined by recent selling prices of similar vessels in your area. Consideration is also given to the value of added equipment.