What Type of Survey Do I Need?
Marine Surveys are performed for a
number of reasons,
and the procedures for each vary to best suit your needs:
Pre-Purchase Survey
This is the most comprehensive type of inspection, and is
strongly advised when purchasing a new or used vessel. Condition and overall
operation of the vessel should be examined. This covers structural integrity,
electrical systems, the propulsion system, the fuel system, other machinery,
navigation equipment, miscellaneous on-board systems,
electronics, and overall maintenance as well as an out-of-water inspection and
a sea trial.
Insurance Survey
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 safety for its intended use. Most insurance
companies require a survey on older boats. They will also want to know the
vessel's fair market value.
Appraisal Inspection
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.
Damage Inspection
This is performed to assess the extent of damage, recommend
repairs, estimate repair cost, and if requested, possible cause.
