Are you thinking of buying a boat and wondering if you should get a survey? The answer is almost certainly yes, and here’s why:
A Pre-Purchase survey will find problems that you would otherwise be unaware of. If not discovered before you buy, these problems can come back to haunt you. The findings of a pre-purchase survey can often be used to negotiate down the asking price of the boat. Issues like fuel- system deficiencies, electrical-system problems, dangerous propane installations or structural deficiencies may be found by a competent marine surveyor.
As well, most insurers require a marine survey for initial insurance coverage, and then every five years going forward. Without the survey to identify existing problems, repairs needed may be at your expense, instead of the seller’s. If the problems are not discovered before the purchase and taken into account during the negotiations, you will be paying for the repairs. I have years of experience in the marine industry, building and maintaining power and sail boats in traditional wood construction, modern epoxy-based wood construction, aluminum and steel construction and fibreglass construction.
I also provide Condition and Valuation surveys that are required about every five years by your insurer. These reports are your property upon completion and it is up to you to submit them to your insurer. We work for you. Boating is a great way to spend time with family and friends. A marine surveyor, along with competent marine service contractors, helps ensure that time on the water is safe for all.