The main areas of focus of the C&V inspection
Hull and deck structure
Hull to deck joint
Bulkheads, Bondings, Frames grids and Stringers
Through hull fittings
Keel and Hull/Keel Join and Fixings
Mechanical installations
Steering system
Electrical installations
Navigation Equipment
Mast and rigging
The Insurance Report or C&V report includes a formal independent market valuation of the vessel, generally broken up into 3 areas, making it suitable for use by insurance and finance institutions a like.
These areas include:
Hull, Decks and Superstructure (including fittings and fixtures)
Machinery
Rigging
However, it is not sufficient to make an informed decision regarding the purchase of the vessel, you will require a specific Pre Purchase Report for this.