Insurance Survey

When you want to insure a boat, or have to renew an existing policy, your insurance company will need an Insurance Survey in order to determine its insurability for the intended use. This type of survey is often referred to as a Condition and Valuation Survey. The scope of an Insurance Survey approaches a Pre-Purchase Survey, but its focus is on structural integrity and safety and it is less detailed. An assessment of the boat's Fair Market Value is part of this type of survey. 

 

An Insurance Survey requires several hours, depending on the complexity and condition of the boat. My survey report is similar to a report for a Pre-Purchase Survey, but somewhat less detailed.