Electric current leaks in the bilge could certainly cause corrosion in there, but it is hard to believe that it would cause corrosion on the outside of the hull. The outside is protected by zincs (or in your case, magnesiums) and the effectiveness is measured by the capac meter.
Heed Jeff's words about the automatic pumps. You'll be turning them off at night if you sleep aboard...
1975 32' Flybridge Sedan, twin Perkins 6-354 diesels, 1:1.53 velvetdrives, 16 X 19 props. Merritt Island, Florida