With the right preparation and the right marine surveyor Naples, having a yacht survey can be stressful. While no one likes the expenses that come with boat ownership, spending money on a yacht survey is one of the most important things you will ever do. This is because a survey helps you understand the exact condition of the boat you are thinking about buying. A survey will also be required when you need to finance your purchase and when getting insurance for your boat. This is, however, not all you need to know about yacht surveys.
Not all surveyors are equal
The first point you need to understand is that not all marine surveyors are equal. For starters, not every surveyor will be able to inspect your yacht. When hiring a marine surveyor Naples, you need to make sure they are experienced and equipped to inspect the type of boat you are targeting. It is also good to take a look at the range of services they offer. If you need a survey done for the purposes of insurance, you need to make sure that your insurance company does accept survey reports from the surveyor you are working with.
Know what you are buying before anything is done
A common mistake people make is that of hiring a boat surveyor based on price alone. If you instruct a survey on price alone, you will end up feeling short-changed. The last thing you want is to get an incomprehensive survey that ignores significant issues. When hiring a surveyor, start by knowing about the services he or she will be offering. The idea is to get a comprehensive survey report that lets you know precisely what you are buying.
Know what you will need
Prior to giving the boat surveyor a greenlight, you need to be mindful of what you may need. For example, is the vessel at an age where insurance companies will require you to get a survey? In most cases, insurance companies require a survey report on boats that more than 30 years old. Some underwriters will even require a survey if your boat is 25 years or older. You need to liaise with your preferred insurance company before getting a survey done.
Ensure the surveyor is insured
One of the worst things that can ever happen is to buy a boat only to learn later that the surveyor missed major issues. In this case you will have made a bad investment. To avoid finding yourself in such situations, you should work with a marine surveyor Naples that has a professional indemnity insurance cover.