The main objective of the Condition & Valuation Survey is to supply your insurance company with all of the information they require to provide you with insurance coverage on your vessel. The survey is also valuable for owners to understand areas of concern, that may affect the safe operation of the vessel and where future maintenance should be considered.
The survey report details:
Identity of the vessel, her systems and equipment.
Identify overall condition and level of maintenance.
Identify any recent upgrades and improvements.
Identify specific deficiencies in the structures and systems that affect safe operation.
Provide an estimated market value based on the above findings.
Insurance Survey Rates
Fixed rate based on the length of the vessel. For example, the insurance survey cost of a 36ft yacht will be $1,440.
*If required to revisit and re-inspect the vessel. Please contact us to discuss.