Can You Insure a Boat Without a Survey in Baltimore?

Although it is not required, having boat insurance will protect your investment in case of an accident. It’s important to remember that before your boat can be insured, there are a few requirements that must be met. A Baltimore marine survey may be required by some boat insurance carriers when you insure a boat that is of a certain age, value, or length. The survey’s goal is to provide the insurance with information on the state and market value of your boat.

The topic of can you insure a boat without a survey has no straightforward answer. This is due to the fact that requirements for insuring boats vary among insurance firms. However, if your vessel is brand new, you may not always be required to submit a marine survey report. It’s crucial to realize, though, that the majority of insurers won’t cover your boat until you provide a boat survey report. In light of this, you should inquire if a marine survey is necessary when contacting an insurance company. This is significant since it will help you prepare for the expense that comes with getting a marine survey. The cost of a marine survey will be paid by you.

What does a marine survey involve?

A marine survey is, as you may already know, a thorough examination of the inside and outside of a watercraft. The surveyor will record any potential problems with the boat as he inspects it and will also provide a list of supporting paperwork. The survey report will detail the boat’s present state and seaworthiness. Additionally, it provides information about the vessel’s estimated value.

A maritime survey’s duration will vary depending on a number of factors, such as:

  • The size of the boat
  • Age of the vessel
  • Type of survey
  • Extended testing such as sea trial and haul-out
  • Prior preparation

If a thorough condition and value survey is required, a marine survey may take an entire day. In contrast, the insurer will typically give you a list of things to inspect when it comes to insurance surveys. The survey is typically more targeted than exhaustive. Always check in advance with your insurance provider to find out what information will need to be included in the survey report.

I hope this article has adequately addressed the query, “Can you insure a boat without a survey?” Finding a reliable marine surveyor in Baltimore to do the survey is the next thing you must do. Keep in mind that your insurance should approve the surveyor you hire.

Biltmore Marine Survey