This is the most comprehensive type of inspection and is strongly advised when purchasing a new or used vessel. The condition and overall operation of the vessel should be examined. This covers structural integrity, electrical systems, the propulsion system, the fuel system, other machinery, navigation equipment, miscellaneous on-board systems, cosmetic appearance, electronics, and overall maintenance as well as an out-of-water inspection and a limited trial run.
Also referred to as a Condition & Valuation Survey, this assessment is performed so that the insurance company can make a determination of whether or not the vessel is an acceptable risk. Insurance providers are primarily focused on the overall structural integrity and safety standard compliance for the vessels intended use. Insurance companies generally require surveys of older boats. They also typically require an appraisal of the vessel’s fair market value
A Limited Trial Run is included in the cost of the Pre-Purchase Survey and is used to determine if the vessel performs well on the water which will include a basic engine performance overview (engine will be observed for cruising RPMs and wide-open throttle RPMs per the engine manufacture specifications), steering, throttle, and shift control inspection to ensure that everything performs as expected.
This survey is normally conducted after a vessel has been damaged. The role of the Marine Surveyor is to provide an unbiased assessment in determining nature, extent, and cause (primary concern to underwriters and adjusters to determine if the alleged damage is covered by the insureds' policy) of the incident.
Most common causes include the following: Allisions, Collisions, Groundings, Fire, Lightening, and Fiberglass damage.
This assessment is performed to gather adequate information to support or determine the fair market value of the vessel. This is typically required to secure financing, or assist with estate settlements, donations and legal cases or if an owner wants to establish the current value of their asset.
This assessment could also include a pre-sale consulting/checklist to determine any deficiencies not in compliance with the mandatory standards promulgated by the United States Coast Guard (USCG), under the authority of Title 46 United States Code (USC); Title 33 and Title 46 Code of Federal Regulations (CFR), and the voluntary standards and recommend practices developed by the American Boat and Yacht Council (ABYC) and the National Fire Protection Association (NFPA).
An oil analysis does not replace the insights of a mechanic or the benefits of having a separate engine survey conducted; however, an oil analysis is a great diagnostic tool to assess lubricant properties or identify suspended contaminants and wear debris which has the potential reduce repair bills, prevent catastrophic engine failures, increase machinery life, and reduce non-scheduled down time.
Types of fluids that can be tested: Engine Oil, Hydraulic Oil, Gear Oil, Coolant, and Fuel.
Analysis of fluid typically takes 24-72 hours for results.
Cost: $75.00 per sample.
Report of Marine Survey - 2006 50' Jefferson Rivanna 50 SE Disconnect (pdf)
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