Offering Detailed Insurance Marine Surveys

An insurance boat survey is necessary because it provides a detailed inspection of your boat, allowing insurance companies to accurately assess its condition and value. This is crucial for determining the appropriate coverage and premiums for your boat insurance policy, especially for older or used boats where hidden issues might exist. In short, it helps the insurer understand the risk involved in insuring your vessel by identifying potential problems that could lead to claims.

Key points about insurance boat surveys:

• Accurate valuation: The survey establishes the current market value of your boat, which is essential for determining the correct insurance coverage amount.

• Identifying hidden issues: A professional boat surveyor can uncover potential problems with the hull, mechanical systems, electrical wiring, rigging, and other components that might not be obvious to a casual inspection.

• Risk assessment: By identifying potential issues, the insurance company can better assess the risk associated with insuring your boat, which can impact your premium.

• Necessary for coverage: Many insurance companies require a marine survey before issuing a policy, especially for older or high-value boats.

• Peace of mind: A survey can give you peace of mind by providing insights into your boat's condition and potential maintenance needs.

John will conduct a thorough investigation of the vessel, perform a variety of non invasive tests, take photos and lots of notes. He’ll then compile his findings and test results into a detailed report. Any issues will be listed along with a severity assessment level. A valuation of the boat is also determined using similar boat comparisons all listed in the report. John will walk you through the report and answer and questions you may have. Let us help you get on the water. Contact Sewall Marine Surveying today.