You should absolutely find out if you require a survey if you’re looking for boat insurance for your boat. This is because the terms are varied for various insurance companies. Before your vessel can be insured, insurance companies will demand that you get an insurance survey done. With some insurers, if your vessel is a specific age and length, you might get away without a boat insurance survey. In light of this, speaking with your preferred insurance provider in Jacksonville is the best way to answer the question of do you need a survey for boat insurance.
A boat is subjected to a series of inspections as part of the boat insurance survey. This is done to ascertain its present condition. The boat’s interior and exterior will both be inspected as well as all onboard systems. For older vessels, insurance surveys are almost mandatory. If your boat is quite expensive, the answer to the question “do you need a survey for boat insurance?” will be “yes.”
More often than not, insurers will advise using a marine surveyor who is accredited when an insurance survey is required. This implies that not every report on a boat survey will be accepted. Ask your insurance about the specifications for hiring a surveyor. It is crucial to ask for a list of things that need to be inspected. This is significant since a pre-purchase survey is more thorough than an insurance survey. This means if you get the wrong type of survey, you might end up paying for inspections that are unnecessary. An insurance survey requires the inspection of specific areas and not the entire vessel. With that being said, you can save time and money by asking for the list of things that ought to be reported on in an insurance survey.
An accurate insurance survey will examine the boat’s interior and outside in great detail. Finding out the boat’s value, safety, and present condition are the main goals. To determine the present state of the boat, a surveyor will frequently refer to oil testing, moisture meter testing, and a variety of other tests. Additionally, it is typical for a surveyor to ask for a haul-out or a sea trial.
Most insurance providers you will encounter will demand that you submit a current boat survey. The insurer will use the maritime survey to decide whether you are a good fit for the coverage they provide. An insurer may decide not to cover your boat or charge high premiums if the survey reveals major problems.
Do You Need a Survey for Boat Insurance