Pre-Purchase Survey
Pre-Purchase Survey
Pre-Purchase Survey
The pre-purchase condition and valuation boat survey is the most comprehensive type of inspection and is strongly advised when purchasing both a new and used vessel. Most insurance and financial institutions require a pre-purchase survey as well. The vessel is thoroughly inspected for structural integrity, operation and performance including all systems and engine diagnostic report for most gas engines and outboards. An in-water trial, haul-out and inspection of the bottom (wetted surfaces) and running gear are part of the survey. The marine surveyors report includes an equipment list and detailed list of deficiencies. The vessel’s fair market value and the vessel’s replacement value are determined and included in the report.
Insurance Survey
Pre-Purchase Survey
Pre-Purchase Survey
Insurance condition and valuation boat survey is usually an insurance company or underwriter’s requirement and is used to determine if the vessel is an acceptable risk. Insurance surveys share basically the same elements the pre-purchase survey, including safety for the vessel’s intended use. Many insurance companies require a current survey on older boats or when changing underwriters.
Appraisal Inspection
Appraisal Inspection
Appraisal Inspection
This service is performed by the surveyor to determine fair market value of the vessel. It is normally needed for financing, estate settlements, donations and legal cases. The Vessel Appraisal consists of an inspection and report that is similar to a Condition & Value Survey, with descriptions, photos, numbering and equipment, along with a carefully researched fair market value that the client is looking for.
Additional Services
Appraisal Inspection
Appraisal Inspection
- Oil Analysis: for both Gas and Diesel engines, transmissions, and gear cases.
- Engine Diagnostic Report for Outboard and Gas Engines: Includes hours, percentage of run-time, fault codes plus additional options. This report is normally included with a pre-purchase survey.
- Consulting and Out of Town Client Vessel Inspections: This service is for clients not working with a Licensed Florida Yacht Broker that may want an experienced eye to evaluate a boat or yacht they are wanting to make an offer.
- Pre Sale Boat Survey: A service for the boat owner who wants to sell their vessel, but is not sure what issues need to be corrected, to get a fair asking price. Just as when selling your house a maintained and clean vessel will attract buyers and higher offers.
Frequently Asked Questions
A boat surveyor examines everything that can be accessed on the vessel using non-destructive methods, without disassembly or the use of tools to provide access. The vessel’s structural integrity, condition, and overall operation are examined. All systems are examined, such as the electrical system, electronics, engines and generator, cosmetic appearance and overall maintenance, as well as the out-of-water hull bottom, and running gear.
The vessel’s compliance to safety, American Boat and Yacht Council (ABYC), National Fire Protection Association (NFPA), and USCG under the authority of Title 33&46 of the US Code of Federal Regulations (CFRs) is verified. The vessel’s fair market value and the vessel’s replacement value are determined and included in the report.
Several reasons:
First, it's a large investment and you want to know what you're buying. Was the boat driven slow on the weekends to the sandbar or take it offshore every weekend at full throttle and potentially do damage to hull and motors.
Second, value - you want to know that the vessel is a good value, that you're not spending too much money for a boat that has issues and that the vessel is in good repair and worth the price.
Third, most insurance and financial institutions will require a survey to make sure the vessel is a good investment for them.
Several factors determine the time it takes to survey a boat. Length, how many systems and type of boat all come into play. If the survey includes oil samples or compression checks, these will also add to the amount of time needed. The time it takes to get to the haul out location and a navigable waterway to do the in-water trial can also be a factor. Including the in-water trial and haul-out, most center consoles will take 2-4 hours while most 30-40ft express or motor yachts will take 6-8 hours.
The cost of a survey is based on the length of the vessel. Our fees are between $20 - $40 per foot. Please contact us today for a quote specific to your vessel.
On a pre-purchase survey the buyer is responsible for the cost of the survey. For an insurance or other type of survey the current owner is responsible for all costs.
Additional Services
- Oil samples are $50 per sample.
- Compression checks for outboards only are $75 per engine for smaller than V8, V8's are $100.
- Consulting services are $125 per hour with a two hour minimum.
"All Florida Yacht Surveyors can make all the difference when purchasing your latest boat."
About Us
Our team of certified professionals will thoroughly evaluate the overall condition of your boat to ensure that it meets all safety and USCG operational standards. We are committed to providing the highest quality marine survey report possible.
Contact Us
We look forward to hearing from you!
We'd love to help you be confident in the boat you purchase.
All Florida Yacht Surveyors, LLC
Areas We Serve
- Fort Lauderdale
- Miami
- Boca Raton
- Llighthouse Point
- Florida Keys
- Marathon
- Deerfield Beach
- West Palm Beach
- Boynton Beach
- Hallandale
- Dania Beach
- Pompano Beach
- Delray Beach
- Hobe Sound
- Out of State and more
