Insurance Yacht Surveys

All insurance companies are requesting a standard marine survey fulfilling their requirements to determine the overall condition of a yacht prior to awarding a policy or for renewal of a policy. Although it is a less detailed survey than a pre-purchase (full condition) survey, usually includes an out of the water inspection (whilst the yacht is lying in dry dock) to look at the integrity of the underwater area (hull, keel, stern gear), and will also cover the structural integrity of the rest of the yacht and the safety of the vessel, looking at areas appropriate to the scope of the survey. Based on the findings the insurers will make their financial offer and present their terms of contract