David Buchanan

R.F. David Buchanan,

SAMS®  AMS®

Orillia, Ontario, Canada

 

How To Choose A Marine Surveyor

Anyone can title him or herself as a Marine Surveyor and start a business. Certain marine surveyors are permitted to use a designation denoting membership in accrediting organizations that require members to meet strict professional, technical and ethical standards.

Surveyors should provide you with a professionally prepared report that can be accepted by your bank and/or insurance company. Talk with prospective surveyors and ask questions! What does the survey include and what type of reporting format is used? Do they use ABYC, Transport Canada standards in their surveys? How much will the inspection cost? How long will the on-board inspection take?

A thorough inspection will not be rushed and will depend on the type of survey required based on vessel size, equipment and on-board systems. Well conducted surveys can provide good information on the vessels' condition, but they are not guarantees. The surveyor reports the condition in accessible areas only as it exists at the time of inspection.

Why should you have a vessel surveyed? Most insurance companies and banks will require them on older vessels. They will need to know her condition and fair market value in order to finance and/or underwrite the vessel. Knowing her condition and fair market value before you purchase is also important. However, the most important reason to survey your vessel is for the safety of the passengers and crew.

 

 


ABYC

 

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