WHY HAVE A MARINE
SURVEY PERFORMED?
A
thorough
professional survey can provide you with important information on a vessels condition. Why hire a
surveyor? A professional surveyor will provide objective
opinions through experienced eyes. Buying a boat is
emotional. People tend to fall in love with the prospect of
a new car, house, a boat is no different. Love may be
blind, but a surveyor is working for you eyes wide
open. Most banks and insurance underwriters require a survey
on older vessels. They will want to know her condition and
fair market value in order to insure or finance her. The
most important reason to survey your vessel however is for
the safety of her passengers and crew.
CHOOSING A MARINE SURVEYOR:
Anyone can start a business and title him or herself a
Marine Surveyor. Certain organizations require members to
meet strict professional, technical, and ethical
standards. Surveyors should provide you with a
professionally prepared report that can be accepted by your
bank and/or insurance company. Talk with prospective
surveyors and ask questions! How long will the survey take?
What does the survey include, and what type of reporting
format is used? Do they use ABYC, NFPA and USCG standards in
their surveys? How much will the inspection cost? A thorough
inspection will not be rushed and will depend on the type of
survey required based on size, equipment and on board
systems. There may be additional services available such as
haul out, engine surveys, oil analysis, galvanic and stray
current corrosion testing, moisture testing, ultrasonic
testing, as well as other non-destructive tests. There may
be additional charges for these and other services.
Remember, a well conducted survey can provide important
information about the condition of the vessel, but they are
not guarantees. The surveyor reports the condition in
accessible areas only as it existed
at the time of the inspection. |
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WHAT TO
EXPECT FROM YOUR SURVEY
•
Full Hull, Deck and Systems Inspection
• Basic list of Recommendations and valuation.
Faxed or
e-mailed within 24 hours of inspection.
• Final
written report, includes:
Bound
folder.
Color photos.
U.S.C.G. Documentation query.
Applicable recall printouts.
CD-ROM of all survey color photos.
Snail mailed within 3 working days.
• Follow-up
consultation if questions arise.
• Compliance follow-up inspections.
WHAT YOUR
SURVEYOR EXPECTS
•
Payment in full on the day of the survey.
• All compartments and lockers cleared.
• Ship's papers available for inspection.
• Coordinate and pre-pay marina fees.
haul-out
and engine survey inspectors.
• Attend
survey in person.
• Ask a lot of questions.
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ONCE YOU
RETAIN US WE WORK ONLY FOR YOU AND REPORT TO NO ONE ELSE. WE
ARE HERE TO PROTECT YOUR INTEREST!!
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.
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 the vessels intended use. Most insurance companies
require a survey on older boats. They will also want to know
the vessels fair market value.
APPRAISAL INSPECTION:
This inspection is performed to gather enough information to
justify or determine 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, the
probable cause.
Office:
239-389-9769
Mobile:
239-248-7460 |