The structures of reinforced concrete has been extensively increased with rapid development of industrial society. Futhermore, these reinforced concretes are easy to expose to severe corrosive environments such as sea water, contaminated water, acid rain and seashore etc.. Thus, corrosion problem of inner steel bar embedded in concrete is very important in terms of safety and economical point of view. In this study, multiple mortar test specimen(W/C:0.4) with six types having different cover thickness each other was prepared and was immerged in seawater solution for five years to evaluate the effect of cover thickness and immersion years to corrosion property of embedded steel bar. And the polarization characteristics of these embedded steel bars was investigated using electrochemical methods such as measuring corrosion potential, cathodic polarization curve, and cyclic voltammogram. At the beginning of immersion, the corrosion potentials exhibited increasingly nobler values with increasing cover thickness. However, after immersed for 5 years, the thicker cover of thickness, the corrosion potentials shifted in the negative direction, and the relationship between corrosion potential and cover thickness was not in good agreement with each other. Therefore, it is considered that the thinner cover of thickness, corrosive products deposited on the surface of the embedded steel bar plays the role as a resistance polarization which is resulted in decreasing the corrosion rate as well as shifting the corrosion potential in the positive direction. As a result, it seemed that the evaluation which corrosion possibility of the reinforced steel would be estimated by only measuring the corrosion potential may not be a completely desirable method. Therefore, it is suggested that we should take into account various parameters, including cover thickness, passed aged years as well as corrosion potential for more accurate assessment of corrosion possibility of reinforced steel which is exposed to partially or fully in marine environment for long years.