Insurance Surveys: Most reputable insurance companies require that an Insurance Survey be professionally undertaken prior to providing cover, and periodically thereafter. This type of survey focuses primarily on Safety issues and the integrity of the hull and systems.
Condition and Valuation Surveys: are professional assessments of the overall condition of your craft, including its hull, equipment and systems, on an as-is where is basis, and include recommendations for correction of defects identified.
This type of survey report includes a valuation of the vessel, based on prices if similar vessels, its location, and current market conditions.
Pre-Purchase Surveys: are typically undertaken by buyers prior to purchase, as a tool to aid in establishing whether defects or maintenance issues exist in the vessel or its systems, and if so whether these are sufficiently serious as to compromise the viablility of the vessel or affect its purchase price. Conscientious sellers, aware that an unhappy buyer can be a liability, also undertake this type of survey for guidance in putting the vessel in order prior to selling.