Pre-purchase Condition and Value

Vessels are surveyed to American Boat and Yacht Council (ABYC) boat building standards (Non-Mandatory but best boat building practices), as well as Titles 33 and 46 of the Codes of Federal Regulations (Mandatory Federal Laws). This survey is an inspection of the vessel's structural integrity as well as its systems and equipment. This survey will be conducted in the water, out of the water, and during a limited performance trial run. This survey type is used to inform the buyer of possible repairs or missing equipment on a vessel prior to its purchase. All C&V surveys include a report describing the condition of a vessel, a list of vessel deficiencies, and an appraisal assigning a fair market value to the vessel.

Please note that the surveyor must have a qualified operator on board during sea trial. The surveyor must be free to examine all operational equipment while under way. The vessel must have all USCG conforming safety equipment on board. Registration and appropriate paperwork must be on board the vessel. The surveyor will not trial run a gasoline vessel that does not have operational bilge blowers. The surveyor reserves the right to not attend a trial run due to an opinion of unsafe vessel or weather conditions.

Insurance Renewal Survey

Insurance Renewal Survey - This is also known as a Marine Adjusters Risk Assessment survey. Insurance renewal surveys provide an inspection and report to satisfy the requirements of the insurance company in order to renew an insurance policy. Not all insurance companies are the same. It is important to find out from your insurance company if an in-water inspection will be satisfactory or if an out-of-water inspection and/or limited trial run is also required. Note that this is for insurance renewals only, and not new policies.

Damage Survey

A Damage Survey and Insurance Claim Survey is generally requested by an insurance company to determine the cause, nature, and extent of damage to a vessel pending insurance claims. The owner may also request a Damage Survey to protect his/her interests while dealing with a damage claim.

Contact us

Phone :

(912) 856-2877

Email :

will@mcvaymarine.com

Address :

25 Burnt Tree Court, Savannah, Georgia 31419-2446

Types of Surveys

Pre-purchase Condition and Value

Insurance Renewal Survey

Damage Survey

A Damage Survey and Insurance Claim Survey is generally requested by an insurance company to determine the cause, nature, and extent of damage to a vessel pending insurance claims. The owner may also request a Damage Survey to protect his/her interests while dealing with a damage claim.

Contact us