Surveyors

[scgilligan]

What would a knowledgable surveyor cost.? Is it determined by boat price or a flat fee for service.?

[CSY Man]

$20.00 per foot for a purchase survey, $10.00 for an insurance survey.

Probably more for a catamaran.

[GordMay]

There are some surveying companies whose surveys are not accepted by some Insurance Companies and/or Banks. I recommend that you check with your insurer/bank and confirm that the prospective Surveyor is acceptable to them. Be certain that your surveyor belongs to a professional organization (SAMS, NAMS, etc).

Remember, a competent survey can provide good information on the vessel's condition, but is not a guarantee. The surveyor reports the condition of accessible areas only as observed and as it existed at the time of inspection.

A pre-purchase survey is the most comprehensive type of inspection, and is strongly advised when purchasing a new or used vessel. Condition and overall operation of the vessel is examined. This covers structural integrity, electrical systems, external components of 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. The estimated fair market value and replacement cost are also part of the survey.

There may be additional services (for which extra charges may apply) available, such as: sea trial, engine surveys, oil analysis, galvanic and stray current corrosion testing, ultrasonic testing, moisture testing, as well as other non-destructive tests.

What Every NEW Boat Owner Should Do ~ by Charles E. Kanter, AMS
Sailco Press
Congratulations Captain, you have assumed a new and vital role. You now are the equivalent of a City Manager. You are responsible for the water works, the sewer company, the garbage company, the power plant. the security system, the finance office and all other departments. However, you have two additional responsibilities no city manager has, since cities seldom wander nor do they sink; you are responsible for navigation and keeping your vessel afloat!

Therefore, in keeping with the gravity of your high office, I suggest the following. Immediately upon taking delivery of your new pride and joy, you should physically and personally go through every maintenance and adjustment procedure on your vessel. It matters little if it is a new boat or a well used one, or any description in-between. It doesn't matter if all the items are alleged to have been done just prior to your acquisition; to really get to know your latest love and be in control of any boat related situation I suggest the following set of procedures ...”

More: EDITORIAL

[TabbyCat]

...and guess what? Insurance companies often won't accept the so called "insurance survey". Those tend to be just abbreviated lists of equipment. Reputable Marine Insurance companies will ask for a Hauled Condition and Valuation Survey.

Susan
International Marine Insurance Services