Surveys
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.
Pre-purchase Survey
This survey covers the vessel from bow to stern, including structural integrity, electrical systems, the propulsion system, the fuel system, other machinery, navigation equipment, miscellaneous on-board systems, cosmetic appearance, electronics, and overall maintenance as well as an out-of-water inspection and a sea trial.
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 Survey
This is performed to assess the extent of damage, recommend repairs, estimate repair cost, and if requested, possible cause.