Condition & Valuation/Insurance Surveys
Savannah, GA • Jacksonville, FL • Charleston, SC
Condition & Valuation/Insurance Marine Surveys
Boat Condition and Valuation Surveys consist of visual examination and operational testing of the yacht and Boat systems, afloat or in dry dock. There is no Sea trial run or haul out required unless it is specifically requested. The Condition and Valuation Survey is similar to the Pre-Purchase Survey minus the haul out and sea trial and is very thorough despite the limited scope.
This type of marine survey can serve as an official document stating the condition of the yacht, identification numbers, compliance with applicable standards, the general condition of equipment seen onboard, and the fair market value. This type of survey is usually requested by the insurance company or a financial lending institution, however it can be used for other reasons, such as estate settlements and legal proceedings.
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