Marine Survey Services
Types of Surveys
A Prepurchase Survey is conducted when someone is contemplating buying a vessel. This boat pre-purchase inspection is a very comprehensive “Condition and Valuation” (C&V) survey that often includes operational testing of all systems and equipment, as well as a sea trial. The vessel is typically inspected both in and out of the water. Its primary purpose is to provide the potential buyers with the information that they need to make an informed purchase decision. It may also be used to satisfy insurance company and bank loan requirements. Essentially, they want to know the vessel’s current market value and that it is a good risk.
A Limited Condition & Valuation marine survey is another one of our marine survey services that is often done specifically for insurance purposes. An insurance C&V survey may be done with the vessel either afloat or ashore, depending on the insurance carrier’s requirements, and doesn’t necessarily require a sea trial or operational testing of all equipment and systems. Each insurance company has their own set of requirements as to what age/size vessel needs a survey, and what the survey report should include. This is especially true for vessels made from anything other than fiberglass (wood, steel, aluminum). The information contained in an insurance C&V survey report is not sufficient to make an informed decision regarding the purchase of the vessel.
Appraisal surveys are used for financing, estate and divorce settlements, and donation of vessels to charities. Professional marine surveyors are recognized by the IRS, courts, banks and insurance companies as boat and yacht appraisers within their area of expertise.
Damage Surveys may also be performed for insurance companies, vessel owners and other vested entities. This includes determining the nature, cause and extent of damage to a vessel when something goes wrong. They work closely with tow boat and salvage operators when the need arises, and often work with repair shops and boatyards to determine the cost of repairs.
Additional Service offered: Marine Engine Oil Analysis
A motor oil analysis should be part of all marine engine maintenance and part of every boat purchaser’s survey. Whether you do your boating off the coast of Texas, the backwaters of Galveston Bay or on the fresh water lakes of Texas, all marine use takes its toll on the engine’s operation.
Marine Engines will be under a heavy workload, you need to keep up with your machinery maintenance to better enjoy your experiences on the water.
We analyze all makes and models. A marine engine oil analysis gives you insight into your engine’s health.