Originally Posted by Sceptic
I have never come across a boat surveyor I thought was worth employing, regardless of who was paying him or her.
While I am not now, or likely ever again to be in the boat buying market, I surveyed the little DeFever myself before making a offer to the seller.
I spoke with the underwriters at BoatUS, a managing general agency For CIGNA, and they issued port risk insurance.
3 years later I submitted 40,000 USD of invoices for materials I had bought, and they issued a full all risk yacht policy from Brownsville TX to Eastport ME, with normal berthing behind our house in Central Fl. No surveyor involved.
No flame; Boat US will pay per the policy wording should there be a claim. I'd be taking a very close look at the policy before you have a loss.
The usual requirement for an All Risk, Agreed Value policy is that yacht underwriting requires a survey when a vessel is older that 10 years old and over 27' in length. The survey is commissioned by the buyer, and almost always requires a haulout.
Originally Posted by Alaskan Sea-Duction
Good points Marin and Walt. I have had some folks say I don't need surveys, but if I want to protect myself as a buyer, then I get the surveys done.
Couldn't agree more.