Insurance Surveys

This inspection is sometimes called a "Condition & Valuation" survey. It 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 with regard for the intended use of the vessel.

Insurance Companies require vessel surveys for vessels 15 years or older plus renewed every 5 yrs. They will also want to know the fair market value of the vessel.

What is a Marine Surveyor? What does a Boat Surveyor Do? Do I Need One?

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