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A marine survey is
a detailed inspection and inventory of a vessel. There are different
aspects of a marine survey for different purposes. It is very important
to understand that surveys are conducted using the standards of
the American Boat & Yacht Council and the National Fire Protection
Association. Below is a brief summary of what you might need:
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Pre-purchase: Generally this type of survey is performed before someone purchases a vessel. It is an extrememly detailed inspection and report of the vessel and all its systems. Our report is accepted by all financial institutions and insurance companies. Insurance inspection: Commonly referred to as a condition and valuation this type of inspection is generally a safety inspection of the vessel for insurance companies. Usually when a vessel owner wants to insure their vessel with a different insurance company or the insurance company requires one, this is the type of inspection that is completed. All insurance companies accept our report. Appraisal: Usually when a vessel is donated or an estate valuation is needed an appraisal inspection would be used. This is an inventory of all the items on the vessel with photos and a detailed description of the vessel. All of the above surveys include a report, photos and a fair market value of the vessel. |
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