My Boat US insurance mandated an updated Boat survey this year for renewal. The surveyor pointed out the mast grounding cable attached to the keel bolt was long and sagged into the bottom on the bilge, sometimes immersed in water. His report made a “recommendation” to lift this out of the bilge water. Of course the insurance underwriter is not insisting the grounding cable is repaired by a qualified boat yard and receipt provided before they will renew my policy.
Has anyone had this experience? More important, is grounding the mast to the keel bolt a risk? I expect most of our NS boats are grounded this way. Securing the grounding cable above any water in the bilge is an easy fix. Relocating the cable altogether is a task that seems unnecessary for overall safety and protection of the boat.
Be very careful with boat US. I had them for ten years no claims and then they wanted a survey. In the meant time they had significantly decreased the value of my boat and dramatically changed the prorating of replacements , the year they asked for the survey. Basically if it was older than four years you paid for it. My boat had been in Canada so the surveyor failed the fuel system for not having a US coast guard approved fuel lines. If he had cross referenced the numbers he would have found out they were approved. I had to replace all the fuel lines with type A1 and the filter because it had a glass bowl. After that they did not agree with the surveyors valuation. The surveyor they had me use! I had to appeal it to the underwriters who agreed to use the surveyors value for an extra $800 a year. I have American Modern now better coverage and half the price. I believe boat US only wants to insure newer boats and is trying to get rid of us old boats.