How Often Do I Need a Marine Survey in Baltimore?

The majority of people are aware of the value of receiving a Baltimore marine survey when purchasing a used boat. Only a small number of boat owners, however, think of engaging a pro for a follow-up marine survey after taking ownership of the vessel. This is due to the fact that for the majority of consumers, a survey is only necessary when buying a pre-owned boat. This cannot be further from the truth.

You still need to know the precise state of your boat even if you give it the best care. Getting frequent marine surveys is crucial for this reason. But how often do I need a marine survey? There isn’t a simple answer to this. This is due to the fact that a variety of factors will determine how frequently you should update the survey report.

A maritime survey should typically be performed at least once every five years. You’ll have a clear understanding of your boat’s condition after doing this. All in all, it is important to remember that not all boats require an update to their survey report after five years. You might need to update the survey report sooner if you have made significant changes to your vessel. This should be done in order for the survey report to accurately reflect both the current value of your boat and its new condition.

The frequency of survey report updates will also depend on the type of boat you possess. You might need to have a survey performed more frequently if you own a wooden boat. To evaluate the boat more accurately, the survey needs to be conducted out of water. Wooden boats need to be inspected at least once every two to three years. This is mainly because wooden vessels are more vulnerable to damage.

The question of how often do I need a marine survey will also depend on what you need the survey for. Even though some lenders and insurers will accept a survey report that is five years old, your boat’s condition and age may compel them to ask for a more recent assessment. For instance, some insurance firms accept survey reports that are four to five years old. But you must get a more recent maritime survey completed if you want to receive the best coverage. You will gain more knowledge about your boat and be able to receive better coverage with a survey report that is 12 to 18 months old.

As you can see, a lot of things determine how frequently you should get a marine survey done. You only need to confirm that the survey is carried out by a qualified marine surveyor in Baltimore. Make sure you obtain the insurer’s list of items that must be inspected for insurance purposes.

Baltimore Marine Survey