WHat Kind of Survey do I need?
There are several kinds of marine surveys. Marine Pro Service offers a range of options and we can help you choose the right survey for your needs.
Pre-purchase surveys offer the most comprehensive type of inspection, and are strongly advised when buying a boat. The condition and overall operation of the vessel will be examined, including the structural integrity, electrical systems, propulsion system, fuel system, other machinery, navigation equipment, miscellaneous on-board systems, cosmetic appearance, electronics and overall maintenance. An out-of-water inspection and sea trial are recommended.
Insurance surveys are done to help an insurance company determine whether or not the vessel is an acceptable risk. Most insurance companies require a survey on older boats. They will also want to know the vessel's fair market value.
Appraisal inspections are 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.
In the case of damage requiring an insurance claim, insurance companies may require that a damage inspection be done by a certified surveyor. These surveys are done to determine the cause of damage and determine the extent of loss-related damage. A boat owner can retain a surveyor for the same purposes, but on the owner's behalf.
WHY DO I need a Marine survey?
A accredited marine surveyor is lot like a home inspector for houses. It's the best way to know exactly what you're buying before you sign on the dotted line. A qualified marine surveyor will ascertain the condition of a boat and all its systems, and offer a detailed report and consultation. Surveys also provide and unbiased fair market value for a boat, taking into account equipment and condition.
This information can be helpful in negotiating the purchase price of a boat, identifying deferred maintenance items that may required costly repairs down the road. Often the price of the survey is recouped by the buyer through this process.
What do you charge?
The cost of a survey depends on a variety of factors including the size, type, age and general condition of a boat. On average, a pre-purchase survey costs $30 to $40 per foot of LOA, but there are other factors that may contribute to the cost. Marine Pro Service will spend between several hours to multiple days doing an onboard inspection and then an equal amount of time preparing a report. Sea trials are an additional cost and require an owner's representative to operate the boat. It is recommended that an out-of-the-water inspection be included in every survey. Haul-out costs are the responsibility of the person purchasing the survey.
