Pre-Purchase
This is the most comprehensive and in-depth type of inspection, and is highly recommended when purchasing a new or used vessel. This type of survey assesses the structural and cosmetic condition of the vessel for a prospective buyer using non-invasive technology. The purpose of the survey is to provide an overview of the vessel's condition, value, and suitability for the intended use. Emphasis is placed with regard to structural features; determining the seriousness of existing problems and suggested repairs. A moisture meter is used to determine if there is excessive moisture in fiberglass hulls or rot present in wooden hulls. The engine is assessed based on external visible inspection. If necessary, a more detailed assessment should be provided by a qualified engine surveyor. The inspection of the other vessel's systems include:
Last but not least, a sea trial will check for manuevering capabilities, how the engine performs under load, and check if there are any other hull issues. This same report can also be used for lending or insurance agencies.
Insurance Survey
This survey will provide insurance underwriters and other agencies information by which they can determine the vessel's structural integrity, its suitability for its intended use, value, and compliance with USCG regulations, ABYC or NFPA standards. The interior of the hull is inspected, where accessible, and remarks are noted. Bottom inspections and sea trials are not performed unless required. This survey is not as thorough as the pre-purchase survey.
Appraisal Inspection
This survey is required for boat owners who are refinancing or applying for a second mortgage, determining a selling price, or donating a boat for a tax write-off. It is used to establish a vessel's value by setting a fair market value and by estimating the vessel's increased value by projecting a rebuild or refit.
Damage Inspection
This survey is performed to assess the extent of damage to vessels. Recommended repairs and estimated repair costs are provided.