Types of Surveys:
This is the most comprehensive type of inspection and is strongly advised when purchasing a new or used vessel. Condition and the overall operation of the vessel should be examined. This includes such items as structural integrity, out of water inspection, sea trial, electrical systems, propulsion system, fuel system, machinery, navigation, misc. on board systems, cosmetic appearance, electronics, and overall maintenance.
This inspection is performed so that the insurance company can determine whether or not the vessel is an acceptable risk. They are interested in structural integrity and the safety for its intended use. Most insurance companies require a survey on older boats. They will also want to know the vessels fair market value.
This inspection is performed to gather enough information to justify or determine the fair market value of the vessel. This is normally needed for financing, estate settlements, donations, and legal cases.
The surveyor can be retained by an insurance company to determine the cause of a loss, determine the extent of loss related damage, and may be asked to recommend repairs, review estimates, or determine the pre-loss value of a vessel. A vessel owner can also retain a surveyor for the same purposes on the owner's behalf.
Please contact us for more information.