Boat ownership comes with many responsibilities. Depending on where you live, you might be required to carry boat insurance. If you own a high-end watercraft, such as a yacht, it’s always in your best interest to carry sufficient insurance to protect the investment you have made. Many insurance companies require that you have an inspection performed by a yacht surveyor before they will issue an insurance policy. Here are some common questions about boat surveying, answered.

What Is a Marine Survey?

A marine survey, or a yacht survey, is a type of detailed inspection that is performed by a skilled professional. This inspection helps the insurance company understand what type of risk factors your craft poses. A yacht surveyor will take note of potential problems and then present you with the proper documentation to give to your insurance company. This documentation will explain the condition of the boat and its general seaworthiness, as well as an estimate of the craft’s value.

How Long Should the Survey Take?

A yacht surveyor will be able to complete your inspection within a day. However, you should plan to devote the entire day to this task. You should talk with the surveyor prior to the appointment, though, to get an exact timeline of how long it should take if you have other plans that day as well.

What Will the Yacht Surveyor Cover?

A professional surveyor will evaluate the size of the boat as well as its age. According to Learn.org, marine surveyors typically deal with watercrafts that are less than 300 feet long. They will also document the prior preparations you have made to the boat and any improvements that have been done. They will inspect every aspect of the boat including the mechanical elements such as the engine. The engine of your boat is a huge factor in determining its seaworthiness. Any safety issues will be noted and recommendations will be made on how you can improve the craft.

Why Do I Need a Yacht Survey?

You might need a yacht survey completed if you plan to get insurance for your boat. If there are safety or seaworthiness issues, your insurance company may need to adjust the cost of your insurance. This usually applies to used boats.

If you would like to learn more about marine surveys, or if you need to book a yacht surveyor for your yacht, please contact David Hinkel, Inc today. We look forward to hearing from you!