Types of Surveys

Marine surveys and inspections are performed for a number of reasons and the procedures for each varies 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 the overall operation of the vessel will be examined. This includes such items as structural integrity, out of water inspection, sea trial, electrical systems, propulsion system, fuel system, machinery, navigation, miscellaneous on board systems, cosmetic appearance, electronics, and overall maintenance.

Insurance Survey

This inspection is performed to enable the insurance company to determine whether or not the vessel is an acceptable risk. The focus is usually on structural integrity and safety for its intended use although many companies require a full pre-purchase level of inspection and reporting. The company will also require 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 required for financing, estate settlements, donations, and legal cases.

Damage Inspection

This is performed to asses the nature, scope and cause of damage and to recommend repairs and estimate repair cost.

Initial Assessment

This is a preliminary inspection of a vessel to determine whether or not a full pre-purchase survey is warranted for the buyer’s consideration. This is useful when the vessel is located at some distance from the potential buyer who wants to avoid unnecessary travel.