MARINE SURVEYS
For Vessels of all Sizes
What are Marine Surveys used for?
Marine Surveys and Consultations are a vital part in valuing a vessel. It is a detailed inspection to determine the boat’s current condition and seaworthiness. The survey will determine if the boat is capable to use in the conditions on which it was built for while also ensuring safety is prioritized. A comprehensive report will uncover what possible maintenance or repairs may be necessary.
Our Marine Surveys
Pre-Purchase, Condition
& Value Survey
Want peace of mind before a big purchase? This survey will help both the buyer and seller by giving a comprehensive evaluation of the vessel’s current state of the hull and systems. It will help to understand the necessary and future maintenance to keep it safe on the water. It also reveals if there will be any replacement costs. A fair market value will be given upon these evaluations.
Insurance or
Finance Survey
A survey is an important factor when applying for a loan with a bank or when coordinating with an insurance company. The survey will provide the lender or insurer with a detailed report of the vessel and it’s current condition. This is used to deem if it is an acceptable risk dependent on if the boat is maintained and capable. The report will be based upon the requirements from your lender or insurer. Lastly, it will provide the fair market value and replacement cost.
Damages &
Claims Survey
When in the unfortunate situation where you need an evaluation from a marine loss or incident, we can provide a full survey. We will examine the nature of the accident and provide a fair market value. This will reveal the probable cause of the incident, extent of the damages, price to repair the damages, and the cost of the vessel in its current state. This survey is usually needed to assist in insurance claims.
Appraisal Survey
This survey is perfect for those looking to obtain a value for their current vessel dependent upon the appearance and current condition. It also takes into account the current market and recent sales of boats of similar make and model. This fair market value, determined by the above factors, will assist in providing a professional report for sale, donation, estate valuation, etc.
Is your boat ready for a survey?
Call me today to discuss the different types of Marine Surveying & Consulting we offer and which is right for you! If you would like to know more about our other training and boat services in Maryland, Delaware and Virginia, please reach out to Kurt.