Originally Posted by Salty Mike
For some reason I thought Boat Surveyors would be licensed and bonded. Is this not the case?
Meaning they can miss or omit problems that can cost many dollars or lives and not be held responsible. If this is the case and one can't really trust the survey what is the purpose of getting it in the first place? Without a bond isn't the survey just a worthless piece of paper?
Mike the good surveyors are, they carry Errors and Omissions insurance
and they have you sign a work order stating they do so etc, the shitty up or no longer accredited surveyors do not carry E&O ins and have you sign nothing or just as bad a statement saying they can miss anything and not be responsible.
The sad reality is that hardly anyone here does their due diligence and ask the surveyor
the tough questions or even proof of credentials and E&O Insurance. Some surveyors one spoke of here ,in se fl were at one time accredited , lost
their accreditation for unethical practices such as copying and pasting on a survey , lost
their E&O ins, but still practice surveying and if something bad happens to the boat due to a fault missed, the ins co can do their work and figure out the survey is not a legal
survey and tell you your policy is null and void due to the wording on your policy. " this insurance is in effect by use of true and legal
So it pays to ask tougher questions of your surveyor
other than " how long and how many?" You should ask
What's your E&O ins carrier and policy number?
Will you sign a work order that doesn't relieve you of responsibility for missed items of great importance,
If they answer no to either of these, find a different surveyor. If they say no problem,,, then begin the interview,,,
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