sails for sale

How To Get A Sailboat Surveyed

  • November 29, 2022

The pre-purchase survey is one of the most crucial parts of the purchase process. Beyond checking boxes for a contract, it’s a chance to learn about your sailboat, and figure out what you need to do to make it better. And you can make sure you’re getting maximum value for your sailboat purchase.

Finding a Sailboat Surveyor

The Society of Accredited Marine Surveyors has a searchable database of qualified, accredited marine surveyors. Many states don’t regulate who may call themselves a surveyor, so take the steps to make sure that the person you hire has professional credentials.

Ask other sailboat owners for recommendations, though you still check credentials. Get quotes for pricing and check availability as the best surveyors are usually very busy.

If the listing broker recommends a surveyor, it’s best to thank them politely and find your own. While brokers and surveyors should be ethical, it’s better to avoid any confusion about who the surveyor is working for. The surveyor works for you and no one else, and the choice is entirely yours.

Survey pricing is variable with region and boat size and complexity. Expect at least $20/foot, possibly up to $40/foot. For large, complex boats that take multiple days or a survey which requires travel, then may quote you a per diem rate and expenses.

What exactly is a survey?

A survey is a detailed of a sailboat, and may be done for several reasons. An insurance company will require a survey, but an insurance survey is rarely as detailed and expensive as a pre-purchase survey, though a pre-purchase survey will satisfy the insurance company.

The word “survey” also refers to the final written report.

Pre-purchase inspection

You should have a condition in your purchase and sale agreement that reads “subject to a suitable survey and sea trial.” The sea trial is usually part of a survey and done at the same time.

The surveyor will inspect the boat from bow to stern, looking into all lockers, under all floorboards, and at accessible systems. They may tap the hull and deck with a small hammer, looking for voids in the fiberglass. They’ll turn things on, flip switches, and check the listed inventory against the actual boat to make sure listed equipment is present and functioning.

During the seal trial, the surveyor will observe the steering systems and the engine running through a series of throttle positions, noting any problems or concerns.

The Written Report

Within a few days of the inspection, the surveyor will return a written report of the findings. This will include pictures, comments, notes, and details about the boat’s equipment.

The report should be a neutral, fact-based set of observations about the condition of the vessel’s condition at the time of inspection.

A sailboat survey report should include:

  • Details about installed engines and generators, including model numbers, serial numbers, and engine hours.
  • Listing of hardware found, and its condition and operating state.
  • Observations and notes on the general condition of the boat cosmetically.
  • Notes on any specific flaws, failings, or areas that merit additional inspection or concern.
  • An approximate market value of a vessel.
  • Recommendations for any repairs or maintenance noted. Any violations of USCG safety regulations.

It rarely includes speculation about conditions which are not directly observed, nor will the surveyor typically include a recommendation for or against purchase. This is a “statement of condition” rather than a recommendation.

That’s not to say the surveyor may not have an opinion about whether you should buy the boat, but that won’t usually be in the written survey report. But you can definitely ask them about it.

Planning the Survey

Once you find a surveyor, speak to them to make sure what is included in the survey. Many surveyors won’t climb rigs to inspect rigging. Others may only do a cursory inspection of engines, or not want to comment on sail conditions. Find out what else you may need, and plan additional inspections with your rigger, mechanic, or sailmaker as needed.

You’re also responsible for arranging and paying for yard services like hauling, washing, blocking, and re-launching. Find out what the surveyor wants and make reservations at the hard you want to use.

Surveys are “non-destructive” unless otherwise specified, so there should be no drilling, scraping, or other destructive testing. If there is destructive testing needed, you will need permission, and the seller will expect you to return the boat to the same condition if you reject the boat.

Before the planned survey, check the weather, confirm your hauling arrangements, and make sure everything is ready to go. When it’s survey time, plan to show up and spend the day on the boat with the surveyor. Consider arrangements for lunch, drinks and snacks to keep work going forward, especially if the boat is some place out of the way.

Some boat owners prefer not to be there, but in our experience, this is a mistake. You don’t want to get underfoot and slow the surveyor down, but you will get loads of information about your boat as you watch them work. Some may give you a running commentary or point things out to you as they find them, and may show you things no picture and paragraph of text will convey. And you also may help and speed the process.

The owner may be there. If not, they will have someone representing them. This is often the listing broker who will operate the boat and handle it in maneuvers. It’s not your boat yet, so it’s up to the owner or the owner’s agent to take responsibility for the boat.

For a more complex sailboat, plan to spend a long day, or even more than a day on a very complex boat with lots of systems. If it’s a multi-day survey, find out how your surveyor takes their coffee. A happy surveyor is a talkative surveyor, and you’ll learn a lot by just chatting about the boat on a break.

Getting The Report

The goal of the survey report is to establish if the sailboat actually is as presented for sale, based on the age and disclosed condition of the boat. A used sailboat will not be perfect. There is a nearly 100% chance that a good surveyor will find one or more “problems.” Odds are, it will be many more for older boats. It is important to note that not every “finding” in a survey is going to translate to a price adjustment or repair on a used boat.

Understanding the meaning of “Findings”

It’s the interpretation of whether a “finding” is a “problem” that the trick lies. An older boat may have dings and scratches in gelcoat, rust on some mechanical system, minor corrosion, small leaks, and may items that show wear and tear.

And that may be completely normal for the age of the boat. It is a used boat, not a new one. What you may think of as a problem is really just a finding.

What becomes a genuine problem is something which does not function or interferes with the ability to use the boat safely without fixing it.

A scratch in the gelcoat is a finding, but a missing handle on a through-hull is a problem. A radio listed in the inventory should work or be fixed or replaced if it isn’t, but a forward-looking sonar listed as “inoperable” before the survey is just a finding.

Handling Findings

Review each finding in the report. The major findings will usually be highlighted, and those which make the boat unsafe or inoperable will be called out.

For each major finding that must be fixed, you have two options. First, you can demand that the seller fix the problem. Most contracts allow the seller to either fix a problem or propose a cash adjustment in the sale price. Sometimes, you may also propose a cash adjustment – check the terms of your contract.

If the seller refuses to fix the item or adjust the price, you have two more options: you can accept the boat with the flaws, or you can walk from the deal.

Effective Post-Survey Negotiations

Most contracts require the purchaser to present, in writing, any requests to fix problems in a survey. There are effective ways to do this, and ways that are bound to fail.

Do Your Homework

Handing the seller a copy of the survey and saying “fix everything” isn’t like to get a positive response. Nor is demanding a large dollar figure off the sale price with no supporting argument to justify the figure.

So if you’re serious about buying this boat and want to deal with the flaws, you’ll need to get an estimated value for the repair for every problem you want addressed. Only use the serious findings – safety issues, things that render the boat unusable, or major equipment which does not work. This gives the buyer an out to take the dollar adjustment, or fix the problem.

Get hard numbers and actual quotes from vendors and suppliers when possible, and document it. The cost to replace new units or buy older equipment from Ebay or marine salvage and consignment shops are both allowed, as are a reasonable cost for labor to replace the equipment.

Be reasonable – the seller isn’t going to re-fit the boat for you. One broken radar display in an integrated but obsolete set of electronics will not get you a new, state-of-the-art set of integrated equipment installed. Even if you can’t get a compatible radar display anymore. You may get a credit for the cost of a used radar display, but not all the other equipment.

You don’t want to wait for the seller to repair the boat before you close, and you can be almost certain the seller does not want to be bothered to do the repairs either, unless they can do it themselves on the cheap. So you can escrow the repairs. Based on the estimates you assembled, block out money from the sale to make the repairs. The broker will hold this, though you can use a lawyer. List repair items with a reasonable time period to get the repairs done, with costs for each. From 90 to 180 days is typical, depending on the repairs.

As you do the repairs, give the bills to the broker and they release the funds to reimburse you. Once you’ve done the work or the deadline passes, the remaining funds are released to the seller. It’s more work, but you can often get more funds conceded with an escrow than you can with a simple credit off the selling price.

Is It Time To Walk?

If you’ve taken a boat to survey, you’ve put some money into it, and have a personal stake in buying it. But what if the survey is not as good as expected? How do you know if it’s time to walk from the deal?

First, if you are uncomfortable with any finding or that it can be fixed, reject the boat. If you have a list of issues you want addressed and the seller will not budge on any of them, that also may be a sign that you may not want this boat unless you’re willing to pay for the repairs.

Finally, if the market value in the report is significantly below the purchase price, you may have a problem. If you’re financing, your bank may not go forward. You may have a deeply flawed boat which is reflected in the estimated value, and that’s a good bullet to dodge

Use the Survey

Most surveys have a list of findings, and this list of findings is your first work list on your new sailboat. You know most of what is wrong with your new boat before you ever sail it.

Most surveyors are happy to take questions about their surveys and discuss their findings even after a survey, so are a valuable resource for you with your new boat.

William

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  • What to Expect

Survey Rates

  • Free Advice

From my point of view, the price of the survey is more about value and peace of mind rather than dollars spent. What dollar amount can you put on getting all the facts about a boat you’re thinking about purchasing? How about the boat you own now?

After all, when you’re on your boat, you, your family, crew, and passengers need and want to feel safe and secure. A marine survey serves that need by putting an experienced set of eyes on the boat that is independent. Even if you’re an experienced, seasoned mariner, a marine survey is always worthwhile and normally required by lenders, insurance companies, and some marinas. I can’t tell you how many times I have found a dangerous, serious problem on a boat that the owner thought was OK.

I strive to deliver to you more than you expected. My goal is to give you more information, more help, and more follow-up – it’s all part of the over-delivering idea. It’s also my way of giving back to all of those folks that helped me over the years with my education and learning. And it’s also paying it forward too.

WHAT YOU’LL RECEIVE

All of Maritime Surveyors marine survey reports include at a minimum:

  • Full and thorough documentation of the boat systems.
  • Full and thorough documentation of the boats overall cosmetic and structural condition.
  • Testing information.
  • Findings & Recommendations.
  • Photographs.
  • Educational Comments and Suggestions.
  • Replacement & Market Valuation.
  • Quick Delivery (Normally within 24-48 Hours) of Survey Reports by email, fax, or sent USPS mail.

You need a trained professional with you on your sea trial. Here’s why – The sea trial is for finding out if you like the boat, and if it operates properly when underway. It’s nearly impossible for you to figure that out in the short time that most sea trials are conducted and you’re at the helm or in the cockpit just getting used to the boat and sea conditions.

Having a professional aboard checking engine performance, mechanical systems, sails, rigging, etc., is necessary to find out if the boat is performing properly.

Sea trials for purchase surveys are included at no charge if they are done the day of the survey. Otherwise, I charge an hourly rate (please call for more information).

With all that said, I  do understand that some folks are just interested in price alone so my prices are competitive with other marine surveyors in my area.

Maritime Surveyors survey reports are accepted by all insurance companies and lenders.

CURRENT  RATES (05/2022):

  • Pre-Purchase Condition & Valuation (C&V) Marine Survey:     $28.00 – $35.00 per foot.
  • Insurance Condition & Valuation (C&V) Marine Survey:            $24.00 to $28.00 per foot.
  • Marine Appraisals :  Donations, Estates, Court Cases, Tax Assessments: Base Price $300. plus hourly (depends on the boat – please call for more information).
  • Walk-Through Inspections: Cost effective and perfect for folks out of the area that need a set of eyes and ears at the boat to determine if they want to travel to boat or even make an offer. I’ve saved lots of clients time and lots of money with this service!
  • Expert Witness Fees : Half Day $600., Full Day $1,200.
  • Corrosion Testing: Base Price $250 plus hourly (depends on the boat and condition).
  • Consulting: By the hour, minimum 1 hour at $150. after which, billing at 1/4 hour increments – If you just need me to stop by your boat quickly or just need to talk to me via telephone or email, no charge for under a 1/2 hour.
  • Boatyard Coordination: By the hour – Depends on the scope of the project.
  • Ongoing Project Supervision: By the hour – Depends on the scope of the project, please call for more information.

PAYMENT OPTIONS

I accept cash, money orders, and credit card payments.  Payment is due before or on the day of the survey. Click HERE to Pay Now.

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IMPORTANT INFORMATION

Most insurance companies, banks, lenders and marinas require that your survey be done by a surveyor that is a member of either SAMS®, or NAMS®.

Ross is a member of SAMS® as an AMS® so he’s approved by all insurance companies, banks, lenders and marinas.

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How Much Does a Boat Survey Cost? Understanding the Factors and Fees

sailboat survey cost

Overview of Boat Survey Costs

When considering the purchase of a vessel, one should thoroughly understand the associated costs of boat surveys. The price can vary widely depending on several factors, such as the type of survey required, the size and age of the boat, and the specific rates of the surveyor.

Types of Boat Surveys:

  • Pre-Purchase Surveys
  • Insurance Surveys
  • Marina Admittance Surveys
  • Appraisal Surveys

A Pre-Purchase Condition & Value Survey tends to be the most comprehensive and can cost around $28.00 – $35.00 per foot . An Insurance Condition & Valuation Survey may have a slightly lower cost range from $24.00 to $28.00 per foot .

Additional services such as engine surveys or sea trials may increase the overall expense. These costs are essential for both the buyer’s peace of mind and for insurance or financing requirements. One should also be aware of potential additional fees, including haul-out charges for inspecting the vessel’s underside, which can be a necessary part of the survey process as mentioned by Boat Trader .

In addition to the fixed rate per foot, surveys for specific purposes like donations, estates or court cases may start at a base price with added hourly rates, as suggested by Maritime Surveyors .

It is crucial for individuals to request quotes from various surveyors to find a cost-effective and thorough service. Experienced surveyors will efficiently assess the vessel’s condition and provide invaluable insights into its true value and safety.

Types of Boat Surveys

Boat surveys are crucial for assessing the condition and value of watercraft before purchase, insurance evaluation, or damage claims. Each survey type serves a distinct purpose and is integral to the decision-making process of boat ownership.

Condition and Value Survey

A Condition and Value Survey is a thorough inspection that assesses the boat’s overall state and determines its market value. This type of survey is typically requested by potential buyers or insurance companies to ensure the vessel’s condition and worth correspond to its asking price or insured value.

Appraisal Survey

An Appraisal Survey is conducted to ascertain the boat’s fair market value. It is often required for financing, estate settlements, donations, and legal cases. This survey focuses on the boat’s value rather than its condition.

Damage Survey

In the event of an incident leading to damage, a Damage Survey is carried out to evaluate the extent of harm to a boat. It aids in identifying necessary repairs and can be used for insurance claims or to determine liability.

New Boat Survey

A New Boat Survey is particularly useful for a buyer taking delivery of a newly constructed vessel. It ensures the boat is in optimal condition, verifies that all systems are functioning correctly, and confirms the boat meets specified standards before the final transaction is completed.

Factors Affecting Survey Costs

The cost of a boat survey can vary widely based on several factors. Understanding these can help potential boat owners budget appropriately for this necessary expense.

Boat Size and Type

The size of the boat is a primary driver of survey cost, typically calculated on a per-foot basis. For example, you can expect to pay between $20 to $55 per foot for most vessels. The type of boat also impacts the price, with sailboats, for instance, sometimes requiring rig surveys that add to the overall cost.

Boat Age and Condition

Older vessels often necessitate a more extensive survey due to potential wear and tear, which can elevate the cost. Boats in poor condition require more thorough inspections, increasing the time and effort required by the surveyor, thereby adding to the overall expense. Some surveyors may add a premium for boats beyond a certain age or in a certain state of disrepair.

Survey Scope and Depth

The depth of the survey required will influence the final price. Comprehensive pre-purchase surveys or detailed insurance surveys are generally more costly compared to simpler condition and valuation surveys. For certain jobs, surveyors may charge flat rates, whereas others are priced according to how in-depth the survey is, with additional services like engine and sailboat rig surveys incurring extra fees.

Location and Travel Expenses

The location of the boat can also factor into the cost as surveyors may charge for travel expenses if the vessel is docked at a distant marina. Additionally, if a haul-out is required for an underwater inspection, expect the costs to increase to account for the boat yard’s fees for this service.

Average Price Range for Boat Surveys

The cost of a boat survey varies considerably depending on the type of survey, the size of the vessel, and the specific requirements of the client. Typically, one can expect to pay between $20 and $30 per foot for a basic condition and valuation (C&V) survey. More comprehensive surveys, particularly for larger yachts, may see prices escalate beyond $500 per foot .

Typical Costs Based on Boat Type:

  • Sailboats: Generally, sailboat rig surveys might range from $500 to $1000 , depending on the age and condition of the rig.
  • Motor Yachts and Boats: For motor vessels, engine surveys are also additional, potentially adding $500 to $1000 to the overall cost.

Additional Charges to Consider:

  • Short haul at a boat yard could incur fees of about $15 per foot .
  • Walk-through inspections offer a more budget-friendly option for clients who need a quick check and cannot be on site, with costs varying by surveyor.

The size of the boat plays a significant role in determining the total survey price. Smaller vessels may adhere closer to the lower end of the price range, while larger vessels easily reach the higher end.

It is advised that boat owners request quotes from several surveyors to ascertain the expected cost for their specific needs. Here are some generalized ranges for guidance:

  • Small to medium boats: $24 to $28 per foot
  • Larger boats and yachts: Priced considerably higher, often exceeding $500 per foot

For more detailed information, it’s often helpful to refer to the guidelines provided by professional surveying bodies or to consult with industry experts via their online resources, such as The Pricer or Boat Trader’s guide to boat surveys and costs .

Additional Costs to Consider

sailboat survey cost

When considering the cost of a boat survey, it’s important to not overlook the various additional fees that can accumulate. These extra expenses can affect the overall cost significantly and should be factored into the budget.

Haul-Out Fees

Haul-out fees are incurred when a boat is removed from the water for inspection. Depending on the survey requirements and the size of the vessel, haul-out fees can range from approximately $18 to $22 per foot. This process is critical for a thorough inspection of the boat’s hull and other components that are below the waterline.

Repair Recommendations Follow-Up

Following a survey, if repair work is recommended, owners should be prepared for follow-up costs. Repair recommendations might include minor fixes or significant overhauls. Each repair job will vary in cost, but it’s essential to consider that even minor repairs can add up, especially if multiple areas need attention.

Environmental Charges

Environmental charges might be applied depending on the surveyor’s practices and location. These environmental charges are related to the disposal of hazardous materials or the use of specialty equipment to minimize environmental impact during the inspection process. Although not as common, it’s beneficial to inquire about potential environmental fees when selecting a surveyor.

How to Choose a Qualified Marine Surveyor

Selecting the right marine surveyor is crucial for an accurate evaluation of a vessel’s condition and value. The surveyor’s qualifications, industry recognition, and capacity to provide a detailed, legally sound assessment are paramount considerations.

Qualifications and Certifications

A qualified marine surveyor should hold certifications from recognized professional bodies such as the Society of Accredited Marine Surveyors (SAMS) or the National Association of Marine Surveyors (NAMS) . These certifications indicate a surveyor’s adherence to industry standards and a commitment to continued education in the field.

  • Membership in SAMS or NAMS
  • Specialized training courses completed
  • Certifications relevant to specific types of surveys

Experience and Reputation

The surveyor one chooses should have significant experience in the type of survey needed, whether it be for pre-purchase, insurance, or damage assessment. A strong industry reputation, reflected through client testimonials and peer recognition, can offer reassurance of the surveyor’s expertise.

  • Number of years of hands-on surveying experience
  • Areas of specialization and past survey projects
  • Recommendations from previous clients or marine industry professionals

Insurance and Liability

Ensuring that a marine surveyor carries professional liability insurance is essential. This protects both the surveyor and the client in the event of any oversights or errors in the survey report.

  • Confirmation of valid professional indemnity insurance
  • Clear understanding of the scope of the surveyor’s liability in the service agreement

Preparing for a Boat Survey

sailboat survey cost

Proper preparation for a boat survey can facilitate a smoother process and potentially affect the value and insurability of the vessel. It’s important for the boat owner to ensure all necessary documentation is in order and the vessel is physically prepared for a thorough inspection.

Documentation Required

Owners should gather the following documents before a boat survey:

  • Registration and Title: Confirm that the boat’s registration and title are current and accessible.
  • Maintenance Records: Provide a detailed history of maintenance, including dates and types of service performed.
  • Receipts for Upgrades and Repairs: Collect receipts for any recent upgrades or repairs to substantiate their value.

These documents essential to a boat survey should be organized and ready for review by the marine surveyor.

Physical Preparations

The boat should undergo several physical preparations:

  • Cleanliness: Ensure the boat is clean and clutter-free to allow easy access to all areas for inspection.
  • System Functionality: Test all electrical and mechanical systems to ensure they are operational.
  • Access to Compartments : Clear compartments, bilges, and lockers, providing unhindered access for the surveyor.

A tidy and well-maintained boat yields a more effective survey and could positively impact the vessel’s evaluated condition and overall value.

Understanding the Survey Report

sailboat survey cost

When a boat survey is conducted, the report provides crucial details about the boat’s condition. Understanding every part of this document is essential to making informed decisions regarding a boat purchase, sale, or insurance.

Reading the Report

The marine surveyor’s report is a comprehensive document that assesses various aspects of the vessel. It typically includes:

  • Structural integrity: Examining the hull, deck, and superstructure for strength and soundness.
  • Mechanical systems: Evaluating the engine, electrical systems, plumbing, and fuel systems.
  • Safety equipment: Checking the presence and condition of safety gear according to regulatory compliance.
  • Navigation equipment: Reviewing the operation and condition of navigational aids.

Each section of the report should have clear headings, and findings are often ranked by urgency, with recommendations for addressing any issues.

Negotiating Repairs and Price Adjustments

The insights from a boat survey report play a pivotal role in negotiating repairs and adjusting the price. Buyers and sellers reference specific findings to address:

  • Critical repairs: Issues that may be deal-breakers or require immediate attention before finalizing the purchase.
  • Recommended upgrades: Items that are not immediate safety concerns but could benefit from updating or replacement.

It’s not uncommon for negotiations to involve price adjustments to account for the cost of necessary repairs, or to have the seller complete certain repairs as part of the sale agreement.

Using the Survey for Insurance and Financing

When acquiring insurance for a marine vessel, insurance companies often require a boat survey to assess the boat’s condition and value. This survey can significantly influence the terms of the insurance policy, including coverage limits and premiums. The cost of a boat survey varies by the size and type of boat, with rates typically ranging from $24 to $28 per foot .

During the financing process, lenders may also request a detailed boat survey. They use the survey to ensure the loan amount matches the value of the boat, mitigating their financial risk. A Condition & Valuation (C&V) Marine Survey is commonly used for these purposes. Here is a breakdown of potential costs associated with a boat survey for insurance and financing:

  • Condition & Valuation Surveys : $24 to $28 per foot
  • Marine Appraisals : Starting at $300 + hourly rates

Additional inspections, like engine surveys or haul-out/bottom surveys, may also be required or recommended and typically incur additional expenses. It is vital for boat owners to consider these costs as a necessary investment in protecting and financing their vessels. Insurance providers and lenders may accept surveys completed within the previous 12 months, but policies on this can vary. Boat owners should consult their insurance agent or lender for specific requirements.

In essence, obtaining a boat survey is essential for securing the right insurance coverage and necessary financing. It provides a thorough evaluation of the boat’s condition, safeguards financial interests, and helps streamline the boat ownership process.

Frequently Asked Questions

Navigating the costs of a marine survey requires understanding several factors that contribute to the overall price, as well as what one can expect from the service. The following questions and answers aim to provide clarity on this topic.

What factors influence the price of a marine survey?

The cost of a marine survey can be influenced by several factors, including the size and type of the boat, its age, condition, and the complexity of the systems onboard. Surveyors may also consider the vessel’s location and the purpose of the survey, such as pre-purchase, insurance, or appraisal.

What is the average cost range for a pre-purchase boat survey?

A pre-purchase boat survey typically costs around $20 per foot , although prices can be higher for larger, older, or more complex vessels. The specific cost will vary based on the individual surveyor’s pricing structure, which may be a flat rate or an hourly fee.

How are prices affected by the location of the boat survey?

Location can affect the cost of a boat survey due to travel expenses, the availability of surveyors, and local market rates. Areas with a higher concentration of marine services may offer more competitive pricing, while remote locations could entail additional travel costs.

What can be expected from a comprehensive marine survey?

A comprehensive marine survey includes a thorough inspection of the vessel’s structure, systems, and equipment. It often encompasses an in-water survey , a haul-out for examining the hull and bottom, an engine survey, and a sea trial to assess performance on the water.

How can I find a reputable boat surveyor in my area?

To find a reputable boat surveyor, consider seeking recommendations from local marinas or boating communities. One can also refer to professional associations that list certified surveyors, such as the National Association of Marine Surveyors or the Society of Accredited Marine Surveyors .

What are the essential steps to prepare my vessel for a survey?

Preparing a vessel for a survey includes ensuring the boat is clean, accessible, and that all necessary documents are available. Items onboard should be secured, and systems should be operational. Clear access to all areas, including the engine room, bilges, and storage lockers, is crucial for a proper assessment.

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Here's how to get the most useful survey for your money:

Let the surveyor know why you need a survey. If it’s to purchase a boat or to fulfill an insurance requirement, you need a Full Condition and Value (C&V) survey. This report will estimate the current market value for the boat today, the cost to rebuild the boat today, and provide a detailed description of the construction and condition of the hull and major systems (i.e. electrical, fuel, machinery, rigging, etc.).

Some surveyors offer abbreviated one or two page opinions, which they'll often refer to as an insurance inspection. This brief format may not be sufficient for insurance underwriting purposes since it omits the details necessary to accurately analyze the risk. Check with your insurance company to determine what they need.

Make sure the report indicates the boat was also inspected for compliance with the current boating safety standards set by the National Fire Protection Association (NFPA.), the American Boat and Yacht Council (ABYC), as well as U.S. Coast Guard standards.

If you are selecting a surveyor in order to obtain insurance through the BoatUS Marine Insurance Program, please note the following:

  • Generally surveys completed by individuals directly associated with boat yards, marinas or brokers will not be accepted for insurance due to the potential for a conflict of interest.
  • Surveys done by insurance company personnel may not be accepted if they lack the required detail.
  • Older boats, or those made of wood, steel, or aluminum may need to be hauled in order to be properly surveyed.

The National Association of Marine Surveyors (NAMS) and the Society of Accredited Marine Surveyors (SAMS) are professional organizations having rigorous examination programs for their membership.  The BoatUS Marine Insurance Program will accept value surveys or pre-purchase surveys from surveyors with a SAMS designation of "AMS" with a specialized classification of "Y-SC" (yacht and small craft) or NAMS designation of "CMS" with a specialized service code of "A" (yacht and small craft).

It’s appropriate to ask the surveyor you select for a copy of a resume, as well as a sample survey of the type that you are requesting.

Please note that BoatUS does not endorse or guarantee the performance of surveyors. No warranties expressed or implied are intended or created by this directory. Any questions regarding the scope of a surveyor's inspection, their cost or the content of the reports should be discussed with the surveyor.

The National Association of Marine Surveyors

Visit the NAMS Website

Society of Accredited Marine Surveyors

Visit the SAMS Website

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How Much Does A Boat Survey Cost?

If you’re seriously thinking about the prospect of buying a boat – or guaranteeing the safety and structural integrity of your current vessel – one question that may be on your mind is this: How much does a boat survey cost? The cost of a boat survey – internet searchable as “ boat survey cost ” or “boat surveyor cost” – can vary greatly depending on a number of factors. In the following, we will explore these factors and provide you with valuable insights into what to expect when hiring a marine surveyor.

Factors Affecting Boat Survey Cost

Below are some of the factors that can affect the cost of carrying out a boat survey:

  • Type of Survey : The type of survey you need plays a big part in determining the boat survey cost. There are several types of marine surveys, including pre-purchase surveys, insurance surveys, marina admittance surveys, and haul-out surveys. Each type serves a specific purpose and comes with its own pricing structure.
  • Boat Size : The size of your boat also plays an important role in determining the cost of the survey. Larger vessels usually require more time and effort to inspect thoroughly. That can result in higher boat surveyor costs.
  • Location: The geographical location of the survey can affect the cost. Marine surveyors may charge different amounts depending on the region or country where the survey is conducted.
  • Complexity of the Boat : The complexity of your boat, including its age, design, and systems, can affect the boat survey cost. Older boats or those with complicated systems might need more in-depth inspections. That can lead to higher expenses.
  • Additional Services : Some boat surveyors offer additional services, such as sea trials or moisture meter testing. These optional services can increase the final boat survey cost.
  • Surveyor’s Experience : The experience and qualifications of the marine surveyor you hire can also influence the cost. Highly experienced surveyors might charge higher fees for their expertise.

Types of Boat Surveys and Their Costs

A pre-purchase survey is needed when you’re considering buying a boat. It provides a complete assessment of the vessel’s condition, helping you make a much better decision. The boat survey cost for a pre-purchase survey typically ranges from a few hundred to several thousand dollars, depending on the factors mentioned above.

Insurance companies frequently require an insurance survey to determine a vessel’s insurability and set appropriate coverage rates. The boat survey cost for insurance purposes can vary but is usually more affordable than a pre-purchase survey. It can range from a couple of hundred to over a thousand dollars.

Marinas may require a survey of your boat before granting admission to their facilities. The cost of a marina admittance survey is pretty moderate, often falling within the lower range of survey costs.

Haul-out surveys are conducted when a boat is removed from the water for inspection and maintenance. These surveys can be more labor-intensive and may have higher boat surveyor costs because of the additional effort needed for a thorough inspection.

Choosing the Right Marine Surveyor

When choosing a marine surveyor , it’s important to think about their qualifications, experience, and reputation in the industry. While cost is a factor, it should not be the singular determination in your decision. A skilled and experienced surveyor can provide you with a thorough and accurate assessment of your vessel – and that can save you money in the long run by identifying any hidden issues.

The boat survey cost, also referred to as “boat surveyor cost,” can vary based on things like the type of survey, boat size, location, complexity of the vessel, additional services, and the surveyor’s experience. Remember to obtain multiple quotes and pick a marine surveyor who can provide a complete assessment of your boat’s condition. By investing in a quality survey, you can guarantee the safety and value of your vessel for years to come.

At Lawson Marine Surveyors, we offer numerous types of services, including pre-purchase surveys, insurance surveys, marina admittance surveys, and haul-out surveys. Our goal is to assure the safety and structural integrity of every vessel assignment. We’ll spend as much time as needed to achieve this goal. We follow a strict code of ethics with continuing education all year long. We will answer every question you may have regarding the inspection we have been hired to do.

For inquiries, don’t hesitate to call us today at 714-401-4389. You can also fill out our Quick Contact box , and we will respond within 24 hours of receipt.

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Why You Should Never Skip A Used Boat Inspection: Buyer’s Guide

Marine Surveys and Surveyors

marine surveyors and surveys

If you’re considering the differences between buying new or used boats , boat surveys are a topic that’s sure to come up. You don’t often need to have a survey done when buying a new boat, however, if a used boat is under consideration a survey is generally considered a must. This is because:

  • Many lenders won’t consider financing a used boat that hasn’t been surveyed.
  • Many insurance companies won’t consider insuring a used boat that hasn’t been surveyed.
  • Used boats are subject to many problems that are hidden from view and require a professional to spot.
  • A marine survey is helpful in determining what repairs or upgrades may be necessary to get a boat into safe operating condition.
  • Boat surveys help determine the actual value of a boat, since they can expose items in need of repair or replacement.

different types of marine surveys

Different Types of Marine Surveys

Boat surveys fall into several categories including:

  • Condition and Value (C&V) surveys
  • Insurance C&V surveys

Appraisal Surveys

Damage Surveys

New Yacht Surveys

Condition and Value Surveys and Insurance C&V Surveys

Condition and Value surveys are the most common type of boat survey, and are performed when you’re buying a used boat. These are comprehensive inspections that include the entire boat and its propulsion systems, though with very large, expensive boats, separate engine surveys are sometimes performed. And in the case of large sailboats, additional rigging surveys may be necessary.

Insurance C&Vs are essentially the same thing, but since they’re done solely for insurance purposes they’re generally less comprehensive and stick to a list of specific items that the insurance company wants checked before covering a boat.

These are just what they sound like: surveys performed to identify a boat’s approximate value. Usually these are required in cases of divorce or estate settlements, although in some cases a lender may require one prior to financing a boat .

Damage surveys may be necessary after storm or accident damage. They determine the extent of the damage and the cost of repairs. Often these are required by insurance companies after an unfortunate incident.

New yacht surveys are usually only necessary on large, expensive boats. They’re sometimes performed for custom-built yachts and may take place over time, with the surveyor visiting the manufacturer several time to check on construction as the boat or yacht is being built. Whenever you’re dealing with a reputable production boatbuilder, however, this isn’t considered necessary. How do you know that a manufacturer is reputable? Make sure you’re buying an NMMA certified boat . Certified builders undergo regular third-party inspections, and meet American Boat & Yacht Council standards and specifications—which go above and beyond Coast Guard requirements.

How to Choose a Marine Surveyor

Many people choose a boat surveyor via a recommendation from a broker, seller, or lender, while others depend on word of mouth. In some cases, lenders or insurance companies maintain lists of approved surveyors they trust. There’s one key factor to bear in mind: you should make sure any surveyor you use is a member of either the National Association of Marine Surveyors (NAMS) or the Society of Accredited Marine Surveyors (SAMS) .

Both of these organizations have membership requirements and standards that surveyors have to meet in order to gain accreditation, so when you hire a NAMS or SAMS surveyor you know he or she is a professional.

how to choose a marine surveyor

Frequently Asked Questions

How much does a boat survey cost?

Pricing varies in different areas, but as a general rule of thumb plan on spending around $20 to $25 per foot of boat. Note, however, that many surveyors have a minimum charge that may exceed this rate with small boats.

How do I find a boat surveyor?

Start by visiting NAMS or SAMS online, to locate some of their accredited surveyors in your area.

How long does a boat survey take?

Anywhere from a couple of hours for a small boat, to a couple of days for a large boat or yacht.

Do I have to be present for the boat survey?

Surveyors usually don’t require you to be present. However, it’s a good move to be there. You’ll probably learn a lot about the boat you’re buying—and about boats in general.

Does a boat survey tell me how much needed repairs will cost?

Generally speaking yes, the surveyor will sketch out a basic budget for repairs or required upgrades. Remember, however, that they’ll be using average costs and the numbers they provide aren’t exact.

To learn more about the entire buying process, financing or ownership costs, be sure to read:

  • Choosing the Right Boat: Buying Guide for Recreational Boating
  • Boat Loan Calculator
  • B oat Values & Boat Prices: Negotiating Your Purchase
  • Boat Buyer's Guide
  • Costs of Ownership: Boat Costs & Affordability

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How To Hire A Boat Surveyor | The Complete Boater’s Guide

You have found the perfect used boat but want to be sure you are making an informed purchase. After all, there are a lot of mechanical and structural components to a vessel and you want to be confident before buying. A boat surveyor fills this role and can offer you, and your bank, an extra layer of protection before buying a used boat. Let’s dig into how boat surveyors work.

What Is a Boat Surveyor?

A boat surveyor is an individual certified by the Society of Accredited Marine Surveyors who is hired to perform a certain type of inspection on your vessel. They generally have either a strong boating and/or mechanical background   and know more than the average boater about the functions of a vessel. 

Why Use A  Boat  Surveyor?

Purchasing a vessel is a large financial decision and hiring a surveyor can give you peace of mind before moving forward. While you may be mechanically inclined, surveyors utilize specials tools such as moisture meters to examine more than just the on/off mechanics of the vessel.  If you plan on financing your boat, many lenders require a certified survey before they will release funds.

How Much Does A Boat Survey Cost?

On average, boat surveyors charge between $18-$25 a foot and this will include an out of water inspection, sea trial, test of all systems, and a full survey report. This can change from surveyor to surveyor, but is generally standard practice. Extras services, such as compression, will generally be extra but it is good to check with your surveyor beforehand.

What Types Of Surveys Are Available?

Surveys generally fall into four categories depending on your needs. The most common is a pre-purchase survey which is discussed in more depth below. Other types of surveys include:

Insurance survey: Typically used by insurance companies to justify vessel as acceptable risk and value

Damage Inspection: Identify cause and extent of damage on a vessel

Appraisal Inspection: Determine fair market value

Hiring the Right Surveyor

When the time comes to hire a boat surveyor, there are a few questions you should ask before agreeing to hire. These include:

  • Have they surveyed similar makes/models to your chosen vessel?
  • What is included in the survey?
  • What is the turnaround time on receiving the survey report?

One thing to remember is that no matter who you hire, surveyors protect themselves from lawsuits by using certain language in their reports. Therefore even a well surveyed boat may have unseen issues that appear during your ownership and your surveyor is still protected. Industry standard for larger vessels is to hire an engine mechanic to be present during survey day. It is recommended for smaller vessels to at least have compression checked by a proper mechanic.

How To Hire A Boat Surveyor

What Is Included In A Boat Survey?

Survey day is here…what should you expect? The process typically begins with either the sea-trial phase or an out of water inspection. For out of water, the surveyor will typically moisture meter the hull, make note of any structural issues or dings, and write down any issues they notice on the hull/prop/lower unit area. Many surveyors will also test safe out of water systems such as stereo, VHF, and other basic electronics.

Once the boat is in the water, the sea trial phase will take place. The surveyor will instruct the captain (or owner) through a few tests which measure RPM, WOT, and cruise speeds. These are measured against manufacture standards and can reveal potential engine issues if RPMS’s are well below standard .

After the sea-trial, the surveyor will spend an hour or more, depending on boat size, on the vessel to test all remaining systems, generators, lights, pumps, and moisture meter the deck. Your report will typically be sent to you and/or your bank within a few days of the report depending on number of findings and boat size.

How To Find A Boat Surveyor?

The easiest way to find a boat surveyor is to head over to the SAMS (Society of Accredited Marine Surveyors) and type in your zip code. From there, you will be offered a list of certified surveyors in your area. Be sure to have your boat information ready as well as the questions mentioned above.

If you need surveyor recommendations or still have any questions, please contact us or leave a comment! Yachts360 utilizes a large network of boat surveyors and can help answer your questions.

sailboat survey cost

How Much Does A Boat Survey Cost? All Types Of Boats

sailboat survey cost

Thinking about purchasing a sailboat or yacht? Having these large vessels appraised by a professional is essential in understanding the true cost of ownership. Boat survey costs vary widely and can depend on the type of boat you’re looking at – a sailboat, yacht, or a different kind of boat.

As a general rule, a boat survey generally ranges from $25-50 per foot, while yachts can cost upwards of $500+ per foot. Other factors such as condition, location, and age also come into play when determining the total cost of a boat survey.

No matter what type of boat you have or are looking to purchase, it’s important to get a professional survey done before making any decisions.

Why Would Someone Need A Boat Survey? Purchase or Sell

If you are considering boat ownership or boat purchase, it can be beneficial to obtain a boat survey. Boat surveys provide boat owners and boat purchasers with detailed information about a boat in order to make an informed decision regarding its condition.

A boat survey often includes inspections of the boat’s hull, exterior, interior, propulsion system, and electrical systems. Furthermore, it is conducted by a professional boat surveyor who holds experience in boat building and repairs as well as knowledge of maritime law which provides legal protection for boat owners and boat purchasers alike.

Ultimately, having a boat survey before making any decisions about owning or purchasing a boat can save money and unanticipated headaches in the long run.

Here’s a breakdown of the average costs for different types of surveys.

How Much Does A Boat Survey Cost – Multiple Boat Types List

When it comes to something as important as the safety and preservation of your sailboat or yacht, a professional boat survey is a must. But how much does this cost?

The prices below can vary. These are estimates based on my research.

Location will be a big factor as well in the cost of your survey. That’s because location affects everything in this world. If you live in LA, California, just about everything costs more than in the middle of Missouri. Ultimately, it’s smart to add this cost into your purchase budget as specific surveys examine all vital parts of the boat such as electrical systems and hull composition.

Regardless, having the peace of mind of knowing your boat is safe and secure makes this vital service well worth the expense.

Make Sure To Have Your Boat Surveyed Regularly By A Professional!!!

Getting your boat surveyed by a professional is incredibly important and beneficial. While regular safety checks and maintenance are key to the longevity of any boat, having a professional inspect your vessel can give you crucial peace of mind when riding at sea.

Not only is it an effective way to protect you and your passengers from potential safety hazards, but also ensures that all operations of the boat, such as electrical systems and safety devices, are functioning according to marine safety regulations.

Professional surveys also help you avoid costly damage due to undetected issues like moisture trapped in the hull or cracks in the structure which could seriously impair safety or performance. A survey from a trusted expert helps you identify problems and if left unchecked may cause permanent damage that could potentially require expensive repair work. Regular surveys are essential for avoiding unexpected costs down the road and prolonging the life of your beloved boat.

What Does A Boat Surveyor Look For During The Inspection – Multiple Things

When a surveyor inspects a vessel, the process is much more than just taking a few snapshots and jotting down observations. If you have ever had a home inspection the overall task is very similar.

The surveyor will thoroughly analyze parts of the boat such as the hull, rigging, and engine to make sure that they are structurally sound and in proper working condition. Additionally, they will review all safety gear that is on board to ensure it meets industry standards. After careful inspection and assessment, the surveyor can give their opinion on its overall integrity and the market value based on their findings.

With this detailed information, boat owners can make informed decisions about their investments and feel confident when setting sail on their next adventure!

The Boat Surveyor Is On His Way! – How To Prepare The Boat

Preparing your boat for a surveyor can sound daunting, but it doesn’t have to be! When you are selling your boat, the best thing you can do is ensure that all the required paperwork is in order and up-to-date. This includes registration, safety, and engine certificates. You should also take the time to compile any additional documents about past maintenance or upgrades. Once everything is organized, check for any clutter on board as this could impair the surveyor’s/inspector’s access to certain areas. Go a step further to make sure that all systems related to navigation, communication, or engines are functioning properly, and take a full inventory of all onboard equipment.

Make sure you have all documents available and organized! This will help tremeduosly.

Doing these tasks ahead of time will help create a professional impression and help facilitate the process when the surveyor arrives.

What Do Boat Surveyors Typically Find During An Inspection?

Boat surveyors will typically find engine issues, cracked hulls, and deck damage to be some of the most common problems discovered. Many times buyers forget to look for repairs needed for the rigging, which can also reduce the worth of a boat significantly.

It’s important to note that any damages need to be taken care of before attempting to resell the vessel, as it will greatly reduce the overall price.

I would advise anyone looking to buy or sell a boat to address any engine problems first, check for cracks, and verify that all parts of the boat are in working order before putting it on the market. Doing this will ensure both parties are getting their desired result and can start their relationship positively!

Maybe you can make a friend here and have a boat surveyor whenever you need one!

How Long Is A Boat Survey Good For?

Generally, surveys are considered valid for one or two years depending on when they were issued and the areas in which they were completed.

When it comes to the longevity of a boat survey, the answer will vary based on your specific situation. This means that if you’re buying an older boat it’s best to contact a qualified surveyor as soon as possible to inspect it and make sure it’s ready for sale. To find a suitable surveyor, you can conduct an online search for boat surveyors by years of experience and location. Looking through customer reviews can also be useful when deciding which one is right for you!

Final Thoughts

A boat survey is an important step in maintaining your vessel and keeping yourself and your family safe while out on the water. While it may cost a bit of money upfront, it is worth it to know that your boat is in good condition and won’t pose any danger to you or others. Be sure to schedule a regular surveyor appointment so that you can catch any problems early on and avoid costly repairs down the road. Do you have a boat? Have you ever had it surveyed?

Boatlifehq owner and author/editor of this article.

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How Much Does a Boat Survey Cost?

Types of Boat Surveys and their costs.

Some people may not realize that surveying a boat is vital because of how much a boat survey can cost. Experts believe that a boat survey will provide you a long-term peace of mind knowing that the boat you purchase is in good condition. 

What’s included in a boat survey?

A survey includes checking the details of the boat. This means the boat must be lifted from the water to properly examine it from bottom to top, the hull up to the deck. 

The engine of the boat will then be checked: the electrical system, engine, fuel tank, deck system, plumbing, steering control, and all other safety equipment. If the boat has a cabin with air conditioning units, its electrical connection also needs to be checked. 

By the end of the survey, the surveyor has to make a comprehensive report indicating the information required by the US Coastguards. The report also includes the potential problem that the boat may encounter based on its present condition or the particular vessel’s history in general. 

Moreover, if you are paying for a boat survey, the cost may cover the following:

  • Complete documentation of the systems of the boat, structural condition, and overall cosmetic condition.
  • Testing information and engine performance.
  • Inventory of the equipment that you have.
  • Findings and the recommendations if there are irregularities.
  • Photos of the parts for a more comprehensive report.
  • Professional comments and suggestions
  • Fair market value

Types of Boat Survey

When budgeting for the cost of a boat survey, you need to determine the boat’s purpose , to ascertain the survey you need. Experts believe that a boat survey will provide you long-term peace of mind. Here are different types of boat surveys & their cost.

Pre-Purchase Condition & Value Survey . 

If you plan to purchase a new boat, the pre-purchase boat survey is recommended whether you are purchasing a brand new one or a secondhand vessel. This will do the detailed checking of the physical condition of the boat, as well as its engine performance. 

This type of survey may cost $22 to $26 per foot.

Insurance marine Survey . 

This survey is conducted on vessels to determine their value and condition for boat insurance purposes. The areas of the boat that need to be checked should align with the insurance provider’s requirements. In addition, it provides detailed information about the boat’s physical condition and the materials it is made of. 

This type of survey does not require operational testing or engine condition. This may cost $18 to $22 per foot. 

Appraisal Inspection . 

This type of boat inspection or survey will determine the market value of the boat. In addition, the report for this survey will be used for estate settlement, financing, donations, and other legal cases. 

With this type of survey, you may need a budget of around $300 base price on top of the hourly rate required by the surveyor. 

Damage inspection and survey . 

An insurance company may perform a survey to determine the current condition of the vessel. It will ensure that the boat is in good condition for a long trip and determine if some parts need replacement, like the canvass, the boat windows, or other details. 

The cost of this type of survey may vary on the level of inspection you want to determine. Below are the possible expenses that you may consider:

  • Expert Fee. When you want an expert to do the inspection the whole day, the cost would be $1,200, and for half-day, you may need a budget of around $600. 
  • Collision testing. This may be necessary when your vessel has encountered accidents in the past. The average price for this service is $250, not including the hourly rate required by the surveyor.
  • Consultation: hourly rate is $150.

Yacht Survey

This is necessary if you are to buy new vessels that are large and expensive. They are a detailed inspection with the purpose of  determining its current condition and seaworthiness. These vessels may have customized designs with quality materials, especially boat windows , often personalized or customized based on the owner’s preference.

If you want to customize your boat window, let Peninsula Glass do it. We at Peninsula Glass have a reputation for providing quality service and high standards for materials of marine glass for our clients, especially those who wish to have their boat windows repaired. In addition, we carry various types of marine glass in stock, which is advantageous because you can assure we have control over the cost and pass on the savings to our clients. The reasonable prices will surely be worth the quality of work we’ll provide. 

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Author: Hai N |

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How To Hire A Boat Surveyor

sailboat survey cost

Jul 26, 2022

Have you discovered the ideal boat? Make sure this is a financially secure investment before we sign all that paper and claim ownership of the boat. When you take ownership of your boat, it’s preferable to be safe than sorry and determine whether anything has to be repaired. A boat surveyor fills this role and may offer you, your bank, and additional protection when you buy a pre-owned boat. Let’s look at how to hire a boat surveyor and hopefully answer all your pressing questions.

How To Hire A Boat Surveyor, off the hook yachts, marine funding, marine survey, mechanical, yachts, boats, yachting, boating, smart decision, new boat, used boat, first time boat owner

(Source: International Institute of Marine Surveying)

What Is a Boat Surveyor and Why Do We Use them?

A boat surveyor is certified by the Society of Accredited Marine Surveyors who are hired to perform an inspection on your boat. You may believe that you are familiar with a boat’s mechanical workings, but marine surveyors will have specialized equipment to evaluate the boat’s various components. Many lending companies want a certified survey before they would release funds if you intend to finance your boat.

Costs of a Boat Survey

Boat surveyors typically charge between $18 and $25 per foot, which includes an out-of-water check, a sea trial, a system test, and a comprehensive survey report. Although it may vary from surveyor to surveyor, this is typically accepted practice. The expenses to the service yard to remove the boat out of the water may be additional cost factors for the boat inspection.

How To Hire A Boat Surveyor, off the hook yachts, marine funding, marine survey, mechanical, yachts, boats, yachting, boating, smart decision, new boat, used boat, first time boat owner

Length of Survey

The length of the boat examination depends on the size and type of boat you buy. Including the sea trial, boats like center consoles 25 feet and under in length shouldn’t take longer than 2 to 3 hours. Depending on the complexity of the systems and equipment on the boat, you may anticipate the boat inspection to take at least 4-6 hours for larger boats like motor yachts, express cruisers, and sport fish . 

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What is Included in A Boat Survey?

The survey will include a sea trial and an out-of-the-water inspection. The surveyor will typically moisture-meter the hull for out-of-water vessels, identify any structural flaws or dings, and mark any problems they see with the hull, prop, or lower unit area. During the sea trial, RPM, WOT, and cruise speeds are measured during a few tests that the surveyor will use to inform the captain (or owner). These are evaluated against manufacturer norms and, if the RPMs values are significantly below average, may indicate probable engine problems.

Depending on the size of the boat, the surveyor will stay on the vessel for an hour or longer following the sea trial to test any remaining systems, generators, lights, pumps, and moisture meters on the deck. Within a few days, a report containing all of this information in detail will be created and emailed to you or your bank.

How to Find A Boat Surveyor?

The SAMS (Society of Accredited Marine Surveyors) website and The American Boat and Yacht Council are the best places to start your search for a boat surveyor. Just enter your zip code there. You will then be given a list of licensed surveyors in your area.

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Boat Surveys (A Complete Guide)

  • On May 30, 2023
  • No Comments

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Whether you’re a seasoned boat owner or a first-time boat buyer, understanding the importance of a boat survey and when you need one is crucial.

Key Takeaways

What is a boat survey, types of boat surveys, what does a boat survey involve, how long does a boat survey take, the cost of a boat survey, factors affecting the cost of a boat survey, who needs a boat survey and why, special considerations for different types of boats, how to prepare for a boat survey, boat survey checklist, understanding the results of a boat survey.

  • A boat survey is a comprehensive inspection of a boat’s condition and value, often conducted by a professional marine surveyor.
  • There are several types of boat surveys, including pre-purchase surveys, insurance surveys, and damage surveys.
  • The cost of a boat survey can vary, but on average, you might expect to pay around $20 per foot.
  • Boat surveys are beneficial for buyers, sellers, insurance companies, and lenders.
  • Different types of boats, such as fiberglass, aluminum, and wooden boats, may require special considerations during a survey.
  • Preparing for a boat survey involves cleaning the boat, ensuring all areas are accessible, checking the systems, and gathering any relevant documentation.
  • The results of a boat survey are presented in a detailed report, which includes descriptions of the boat and its systems, findings and recommendations, an overall condition statement, and estimates of the boat’s fair market and replacement values.

A boat survey (Also known as a Marine Survey ), often conducted by a professional licensed marine surveyor , is a detailed inspection that assesses a boat’s condition and value.

A boat survey is akin to a health check-up for your vessel. It uncovers potential issues that might not be visible to the untrained eye, ensuring that you’re fully aware of the boat’s condition before making a purchase or selling decision.

This process can save you from unexpected costs and safety hazards down the line and is often a requirement when buying, selling, or insuring a boat.

There are several types of boat surveys, each serving a unique purpose. Understanding these can help you determine which one is most suitable for your needs.

  • Pre-purchase Survey:  This is the most comprehensive type of survey, providing a detailed assessment of the boat’s condition and value. It’s typically conducted when a potential buyer is considering purchasing a boat. The pre-purchase survey can influence the negotiation process, as it reveals the boat’s strengths and weaknesses.
  • Insurance Survey:  This type of survey is often required by insurance companies to determine the insurability and value of a boat. The insurance survey focuses on safety, structural integrity, and other risk factors that might lead to an insurance claim.
  • Damage Survey:  Conducted after a boat has been in an accident or suffered damage, this survey assesses the extent of the damage, the necessary repairs, and the estimated cost.

A boat survey involves a thorough inspection of various parts of the boat. The surveyor uses a detailed boat survey checklist to ensure that all critical areas are examined.

Here’s what you can expect during a boat survey:

  • Hull and Deck Inspection:  The surveyor checks the condition of the hull, deck, and structure of the boat. This includes an examination for any signs of damage, such as cracks or blisters in the hull, or soft spots on the deck.
  • Onboard Systems Check:  The surveyor tests the boat’s electrical, plumbing, and propulsion systems to ensure everything functions correctly. This may include checking the battery, lights, bilge pumps, engine, and other mechanical parts.
  • Safety Equipment Review:  The surveyor verifies that the boat is equipped with the necessary safety equipment, such as life jackets, fire extinguishers, and distress signals.
  • Value Assessment:  The surveyor will estimate the boat’s value based on the boat’s condition and the current market. This is particularly important for pre-purchase and insurance surveys.

Boat or Marine Surveys can last anywhere from a few hours for a 20-30ft boat to a full day for a 50 to 70-foot boat/yacht. Some surveys can even last several days as you get up to 100 ft or more.

In the next sections, we’ll delve into the cost of a boat survey, who needs one, and special considerations for different types of boats. Stay tuned!

The cost of a boat survey can vary widely, depending on several factors. These include the size and type of the boat, its location, and the specific rates of the surveyor. On average, you can expect to pay around $20 to $25 per foot, but this can increase for larger or more complex boats. For instance, surveying a large yacht could cost hundreds of dollars per foot.

Some surveyors may charge a flat rate, especially for smaller and simpler boats. Others may charge per foot of boat length.

Additional costs may also arise if the survey requires a “short haul” to powerwash the bottom and inspect the hull, which could add another $14 to $19 per foot. An engine survey might add approximately $500 per engine.

Several factors can influence the cost of a boat survey, and understanding these factors can help you prepare for the cost. Here are some of the common factors that affect the cost of a boat survey:

  • Boat length: The boat’s length is one of the primary factors determining the cost of a marine survey. Usually, longer boats will have higher survey costs compared to shorter boats.
  • Type of boat: Different types of boats may require different types of surveys, which can impact the overall cost. For example, sailboat rig surveys may be more complex and expensive than engine surveys.
  • Age and condition: The age and condition of the boat can also impact its survey cost. Older boats or those in poor condition may require more extensive inspections and repairs, which can drive up costs.
  • Location: Survey costs can vary depending on where you are located geographically since some areas may have higher labor rates than others.
  • Surveyor experience: More experienced and qualified surveyors tend to charge higher fees for their services, but their expertise can give you peace of mind when purchasing your boat.

By being aware of these factors, you can better budget for your boat survey and ensure that you’re getting an accurate assessment of your potential purchase or insurance coverage needs.

Anyone involved in the buying, selling, or insuring of a boat can benefit from a boat survey. Here’s why:

  • Buyers:  A pre-purchase boat survey can provide potential buyers with an objective assessment of the boat’s condition and value. This information can be crucial during price negotiations and can help buyers avoid costly surprises after the purchase.
  • Sellers:  Sellers can also benefit from a boat survey. Having a recent survey can be a selling point, as it shows potential buyers that the boat has been well-maintained and is in good condition.
  • Insurance Companies:  Most insurance companies require a boat survey before issuing a policy. The survey helps them assess the boat’s value and condition, which informs their decision on whether to insure the boat and at what cost.
  • Lenders:  If you’re taking out a loan to buy a boat, the lender may require a survey to ensure that the boat is a sound investment.

Different types of boats may require special considerations during a survey. 

Fiberglass Boats

For instance, a fiberglass boat survey will involve a detailed inspection of the hull for any signs of damage or issues with the fiberglass. 

Aluminum Boats

On the other hand, an aluminum survey boat will focus on checking for any signs of corrosion or other issues with the aluminum.

Wooden Boats

Wooden boats require a different set of considerations. A wooden boat survey will check for any signs of rot or other issues with the wood. 

It’s important to choose a surveyor who is experienced with the specific type of boat you’re dealing with to ensure a thorough and accurate survey.

In the next sections, we’ll delve into how to prepare for a boat survey, understand the results of a boat survey, and more. Stay tuned!

Preparing for a boat survey is an essential step to ensure the process goes smoothly and yields accurate results. Here are some tips on how to prepare:

  • Clean the Boat:  A clean boat not only makes a good impression but also makes it easier for the surveyor to inspect. Remove any clutter or extraneous equipment and gear that might obstruct the surveyor’s access to various parts of the boat .
  • Ensure Accessibility:  Make sure all areas of the boat are accessible, including the bilge, engine room, and any lockers or storage areas. The surveyor will need to inspect these areas thoroughly.
  • Check the Systems:  Ideally, all systems on the boat should be operational. At a minimum, the engines should start, the engine controls should function, and the steering wheel should turn the rudder.
  • Gather Documentation:  If you have any documentation related to the boat’s maintenance and repair history , have it ready for the surveyor to review. This can provide valuable information about the boat’s condition.

A boat survey checklist is a crucial tool used by marine surveyors to identify potential issues during a survey. Here are some items that may be included, but remember that surveys are always much more in-depth than the summary below:

  • Documentation: Verify the boat’s identity via the HIN and check the vessel documentation.
  • Hull: Inspect the hull for dents, cracks, blisters, and gel coat defects.
  • Deck and Superstructure: Check for cracks, delamination, and damage to windows, hatches, rails, cleats, and stanchions.
  • Steering System: Ensure that it operates smoothly and securely.
  • Electrical Systems: Check all electrical systems, including wiring, batteries & chargers, inverters & converters.
  • Plumbing Systems: Inspect water pumps, tanks, filters, and seacocks
  • Fuel System: Look for leaks or corrosion in fuel lines & filters
  • Seacocks: Verify all seacocks function properly.
  • Engine & Transmission: Check engines and transmissions for components’ wear&tear/maintenance history
  • Safety Equipment: Evaluate safety gear, including life jackets, fire extinguishers, etc., based on USCG standards.

Once the boat survey is complete, you’ll receive a detailed report. Understanding this report is crucial as it provides valuable insights into the boat’s condition and value. Here’s what you can expect to find in the report:

  • Descriptions of the Boat and Each System Onboard:  The report will include detailed descriptions of the boat and all its systems, including the hull, deck, engine, electrical systems, and safety equipment.
  • Findings and Recommendations:  The surveyor will list any issues they found during the survey, along with recommendations for addressing these issues. These are often divided into levels of importance, helping you prioritize any necessary repairs or maintenance.
  • Statement of the Boat’s Overall Condition:  The report will include an overall assessment of the boat’s condition, based on the surveyor’s findings.
  • Fair Market and Replacement Values:  The surveyor will provide an estimate of the boat’s fair market value (what you might expect to pay for the boat) and replacement value (what it would cost to replace the boat with a similar one).

A 2C Marine Survey is for commercial vessels that operate up to 30 nautical miles offshore either as a commercial vessel (Such as a commercial fishing boat) or as a customer-paying vessel (Fishing charter).

Considering the extremely high cost of boats and ships, boat surveys are worth every penny, and we at Sportfish Hub advise everyone buying a boat to hire a licensed marine surveyor. We also encourage sellers to have a survey so they are protected from claims of fraud for not disclosing information.

A boat survey is a crucial step in the boat buying, selling, and insurance process. It provides a clear picture of the boat’s condition, helping you make informed decisions. Whether you’re a buyer, seller, or insurer, a boat survey is a worthwhile investment that can save you from costly surprises and ensure your safety on the water.

Remember, choosing the right surveyor, preparing for the survey, and understanding the results are all key to making the most of a boat survey. So, whether you’re considering a fiberglass boat, an aluminum boat, or a wooden boat, a survey is an essential part of your journey.

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Steve Momot

Steve is an accomplished professional photographer and marketer who specializes in the Fishing, Yacht, and Boating industry. With a strong presence as an influencer and marketing expert in the Marine Industry, he has made a significant impact in the field. Additionally, Steve is the original creator and co-founder of Sportfishtrader. Prior to his career as a marine photographer, he gained extensive experience as a licensed boat and car dealer in South Florida.

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Yachting Monthly

  • Digital edition

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How to save money on yacht survey costs

Ben Sutcliffe-Davies

  • Ben Sutcliffe-Davies
  • September 2, 2020

Having a yacht survey can be stressful without the right preparation. Ben Sutcliffe-Davies explains how to get the best advice for your money

A yacht surveyor checking the hull during a yacht survey

Checking the condition of the hull is a key part of the survey, but is just the start. Credit: Graham Snook

No-one likes unnecessary expense when it comes to boat ownership, and having a yacht survey done is a cost most people would rather avoid.

Most boat owners have a survey done when they purchase a vessel, but there are other times a craft may need one.

These include when insurance companies request an inspection, perhaps because of time elapsed since your last survey.

An empty locker on the deck of a yacht ahead of a yacht survey

Emptying lockers will give the surveyor more time to focus on important things. Credit: Graham Snook/Yachting Monthly

Or if you have done something to your boat and think it is worth getting a professional in to check.

Not all surveys, or surveyors, are equal, however.

If you instruct a yacht survey on price alone without first establishing what you are actually paying for, you may come away feeling short-changed, or blissfully unaware of significant issues.

At the point of purchasing a boat, regardless of if you are buying privately or from a broker, a yacht survey is wise.

You need to know that what you are buying is structurally in the condition you are expecting, whether it is a top notch luxury craft or a known project boat, and that it is going to last without any nasty surprises.

Instructing a yacht surveyor

Before employing a surveyor, be mindful of what you may need; for instance, is the craft at an age where the insurance of the vessel will require a survey?

This will generally be the case on boats from about 30 years old, but some underwriting companies are requesting to see surveys on boats of 25 years or older.

A yacht in a sling at a boat yard

Give the surveyor as much time as possible when booking a lift slot. Credit: Alamy Stock Photo/Rob Carter

Your insurance underwriters may also expect a surveyor to hold membership of a recognised association.

These include the the Yacht Designers and Surveyors Association (YDSA) , the International Institute of Marine Surveyors (IIMS) or similar.

Insurers may even specify what level of membership your surveyor should hold.

It’s worth checking with your intended insurer before you engage a surveyor.

Underwriters may also provide a list of what they expect to be covered in a yacht survey report, though a good surveyor will cover this.

Lastly make sure whomever you are employing has proper professional indemnity insurance cover.

The broker you are buying the boat from will provide a short list of surveyors that they have worked with before, but you are by no means bound by this list.

One last word on choosing a surveyor; watch out for the word ‘Qualified’.

YDSA logo

It is a good idea to choose a surveyor who is a member of a professional body

There are very few formal qualifications to undertake surveys on craft and there are a few surveyors who don’t actually have any proper training at all other than a distance learning course.

Unbelievably all someone needs to be a marine surveyor is a customer.

But don’t be put off: there are a good number of very good marine surveyors who have a long background of being in the industry.

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Some have even been involved in building, fitting out or designing.

If you are paying for a yacht survey it is important you get what you are expecting.

If in doubt, check the websites of the association they claim to be members of.

Feel free to ask for a sample report from the surveyor you are planning to employ.

Methods and types of yacht survey

The methods of survey and who you employ may be dependent on materials the craft is built from, as very different assessments methods are needed.

If you are looking at a steel or aluminium yacht for instance, the survey will need to pay attention to the actual plate thickness with use of a hammer and ultrasound.

They will need to look closely for pitting to the plating along with an inspection of her welding, so going through internal framework and checking on internal plate condition and welding is important.

The hull of a yacht being pressure washed in a boat yard

Make sure you’ve arranged a suitable lift slot and pressure wash before survey day. Credit: Roy Conchile/Alamy

With laminates such as fibreglass, different disciplines are needed, with careful inspection of high load areas, physical structure and paying attention to moisture levels and indications of damage or groundings.

For those of you who want to have a timber yacht surveyed, you need to employ a surveyor who is very experienced and understands how the craft was built.

It is essential they understand about the correct selections of timber and the types and materials used for fastenings.

For both an owner’s insurance survey or a pre-purchase survey before instructing a surveyor you need to know what level of yacht survey you are getting and what they plan to look at and report on.

A fuel gauge on a yacht

Not having filled up with fuel could scupper your sea trial. Credit: moodboard/Alamy Stock Photo

Is it just an external hull check or a more thorough inspection?

Likewise, you need to be aware of what can and can’t be inspected at the place she is being surveyed.

Some areas of a vessel can be very difficult to check.

For instance, if a vessel is on hard standing it is almost impossible to see the condition of the hull-to-keel joint and how secure it is unless the craft is lifted.

Allowing full access

A surveyor will often want to remove layers of paint from the hull, so a pressure washer needs to be available if the boat is in the water, and removing areas of epoxy or special antifoul coatings at a pre-purchase survey can be fraught with issues.

Sometimes this is essential to further confirm an issue that has been identified, but a seller may be less than keen to have this done.

If blisters are found on the hull, only by scraping back the antifouling can you tell if this is moisture trapped between coatings or if it is full-blown osmosis under the gelcoat.

blistering on the hull of a yacht

The cause of hull blisters, whether between layers of paint, or full-blown osmosis will require the scraping back of antifoul. Credit: Ben Sutcliffe Davies

Some common sense needs to be exercised from all parties.

Having appropriate access to lockers throughout the craft is essential.

A craft that is so full of clutter that it’s impossible to see into the lockers without spending loads of time clearing them out to check bonding or general structure of the craft will really hamper the surveyor.

It is important to remove as much unnecessary clutter as possible before the survey takes place.

Preparing for your yacht survey

  • Make sure you have arranged the boat lift for a time that is convenient with the surveyor and that affords them enough time to inspect without being pressurised by the yard to relaunch before they are ready.
  • Ensure any requirements from the surveyor for things like the craft being properly washed off are booked and paid with the yard prior to the survey.
  • Confirm with a surveyor with a reply in writing, and exchange mobile phone numbers before the day. A simple case of crossed wires or incomplete admin can be extremely stressful when a boat is hanging in the slings.
  • If buying, it is worth asking the vendor to remove or clearly mark items that are not included. You don’t want to be left with the nasty surprise that the in date liferaft and flares were not part of the deal.
  • Ensure someone has all the keys for the craft, including the engine and hatches.
  • Ensure the batteries are ok and if you have shore power that it is safe and works before the surveyor turns up. Being unable to start the engine or switch electrics on will prevent a good part of the survey from taking place.
  • If the engine is to be demonstrated, make sure it is serviceable, starts with ease and there is enough fuel.
  • Regardless of whether you are preparing to have a pre-purchase or insurance survey make sure the systems such a the diesel heater and auto helm work. If there are issues it’s helpful to inform the surveyor rather than have them spend hours trying to get something to power up that is already a known fault.

What does the yacht survey cover?

So, what is possible to survey on a typical yacht with a standard fit out?

This is not an exhaustive list but these are some of the common areas of inspection

Normally a surveyor would start with the hull: underwater, topsides and deck condition.

The keel matrix or frame arrangements are important, along with the condition of the hull-to-keel joint, plus checking that the method of attachment of the keel is appropriate.

If the boat has an encapsulated keel, external condition is important.

A keel hull joint on a sailing yacht

Keel-hull joints can only be properly inspected when the boat is lifted. Credit: Ben Sutcliffe Davies

The surveyor will look for any evidence of grounding or damage to any of the keel arrangement as this could be a significant issue.

As well as listing and checking the condition of any underwater fittings externally and internally, the above waterline discharges, such as cockpit drains, are important to look at as well, especially if they are PVC as these do deteriorate with UV light.

In many cases, underwater DZR brass seacock assemblies need to be treated as consumables that will need routine replacement after a few years.

Also ensuring hoses and attachments are in good condition and secured is just as important as the condition of the valves themselves.

Rudder blades are frequently an issue, especially when they’re over 20 years old and have absorbed lots of moisture into the blade, which can lead to structural failure.

A few basic inspection points will confirm the general condition with light tapping with a ball pein hammer and moisture meter.

Water in rudders of a yacht

Water in rudders can cause failure. Credit: Ben Sutcliffe Davies/Dorset Media Service

Sometimes water running out of it is a dead giveaway!

Obviously, rudder bearings and how the steerage works all need looking at.

If you are planning a sea trial on a sailing or motor vessel, be aware of the new Maritime and Coastguard Agency regulations that came into force from 1 January 2019.

Part 1 of the Code of Practice for Intended Pleasure Vessels (MCA IPV code) states that having a survey, a brokerage test sail, or an engine service that involves leaving the harbour or marina is a temporary commercial use of an intended pleasure (non-commercial) vessel.

Designed to allow this to happen without needing to commercially certify a boat or gain an official exemption, the professional operator – the surveyor or broker – has responsibilities for equipping and maintaining the vessel according to Part 1 of this Code of Practice.

a corroded seacock on a yacht

Seacocks may need regular replacement. Credit: Ben Sutcliffe Davies

The owner must declare they are content for the operator to use their vessel and that the operator has the right safety management system and measures in place to operate the vessel safely.

This may mean providing additional safety equipment required by the IPV Code, if the owner does not have it on board.

The operator and owner are jointly responsible for completing a self-declaration certificate for each voyage made in the format shown in Annex A of the IPV Code.

For details, visit: gov.uk/government/publications/intended-pleasure-vessels-ipv-code

The engine should be proven where possible in a pre-purchase yacht survey.

Many buyers take the craft on a sea trial, and at that point, taking an engineer from the local engine dealership who may have software to plug in is worth the investment.

Fuel lines on a yachr

Fuel lines that are out of date or badly worn should be spotted. Credit: Ben Sutcliffe Davies

These days many modern engines don’t always present issues at sea trial but will have a list of faults on plugging in and checking.

A normal yacht survey should comment on if there were significant oil leaks, the condition of the engine beds, mounts, fuel tankage, filters and fuel lines, drive belts, exhaust system and cooling system that all merit some inspection.

Fuel bug

Fuel bug is a common issue. Credit: Ben Sutcliffe Davies

Lastly, the drive, any type of coupling and support, stern gland arrangement, shaft, bearings and propeller condition would all need to be thoroughly checked.

Accommodation

I often find that large amounts of personal equipment can hamper how easy it is to inspect the important areas.

If you’re having a survey, take the opportunity to de-clutter your boat.

A hydrometer being used during a survey on a yacht

A hygrometer will show water ingress in the structure. Credit: Ben Sutcliffe Davies/Dorset Media Service

If she has sole boards that are secured down, it’s helpful to unscrew as many as possible to allow inspection of the bilges.

The surveyor will use a moisture meter around linings, focusing on vents, compression posts, chain plate locations, portholes and hatches, so make sure they are all accessible.

At a pre-purchase it’s normal to switch test as many of the systems as possible, so ensuring the batteries are charged or actually on board is helpful too.

Surveys should comment on bilge pumps and navigation lights, water pumps and water systems, shower pump outs and so on.

A battery terminal in a bad state which needs replacing

A battery terminal in a very poor state. Credit: Ben Sutcliffe Davies

Frequently it’s at that point you find a water pump or joint leaking.

Most yacht surveyors don’t physically check gas with a pressure test, but all should look at the system generally with pipework, cooker and hoses, and report the obvious issues.

A Gas Safe inspection is worth the investment, and may, in some instances, be an insurance requirement.

Diesel heaters

More yachts than ever have diesel heaters fitted, but there are big differences between a poor DIY installation and a professional one that I come across at yacht survey.

The use of proper lagging of exhausts, the right type of silencer, fuel lines and other fittings are all very important.

A diesel heater

A poor installation of a diesel heater lacking proper insulation or protection from locker contents. Credit: Ben Sutcliffe Davies

If any of these are missing they can pose serious fire or carbon monoxide risk and will be a red flag at survey.

When it comes to rigging, there are many differing opinions, including among insurers, about the proper replacement intervals.

With the high cost to owners, it can be a contentious issue.

Generally, there is an unwritten rule that at 10 years rigging should be replaced.

Rigging on a yacht

Surveyors are not riggers, but they will comment on the condition or known age of the rig. Credit: Ben Sutcliffe Davies

However, over the last 15 or so years, it is noticeable that some of the areas of common failure have been eliminated, such as open bottle screws, insufficient wire gauge, or terminal toggles with restricted movement.

Having a rigger check it properly and working through a programme of replacement is definitely a prudent approach for any owner.

Remember, riggers don’t normally check the chain plates, stem fitting or back stay arrangements, and any corrosion or weakness will be located on the hidden parts of bolts.

Safety equipment

The safety equipment carried on a boat can vary greatly depending on the intended use.

Where an owner survey should have everything present, a boat for sale may not be fully kitted out.

Firstly, are the flares in date and are they appropriate for where the craft is being sailed?

A fire extinguisher on a yacht

Check for pressure and expiry dates. Credit: Graham Snook/Yachting Monthly

Is the anchor, ground tackle and kedge anchor present, secure and appropriate for the size of boat?

Life rings need to be in good condition with lights that work, a drogue, and the craft’s name written on it.

Likewise, is there a dan buoy with light, jackstays, harnesses and strong points to clip on?

Are the first aid kits and fire extinguishers in good condition and in date?

The MCA and RYA provide lists of what is and isn’t essential.

A yacht survey

The findings of a yacht survey can make difficult reading, but at least you know where you stand

Once a survey has been completed you should be provided with a report that reflects the condition of the craft with recommendations provided clearly.

It’s worth ensuring you understand the time scale of when a report will arrive.

Most surveyors send them by email these days and normally within 3-5 days of inspection.

Some surveyors will allow you to attend the survey or part of the survey, which I find can be an ideal way to help an owner understand what needs doing, or for a potential owner to get to know the boat they are buying, warts and all, minus the rose-tinted spectacles.

As an independent third party, the surveyor is there to give an honest, detailed and expert view of the boat in question.

At times, our reports can make uncomfortable reading, but we can also offer reassurance that everything is in good order and even if it’s not, at least you’ll know exactly where you stand.

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Yacht Surveys: Ensuring Smooth Sailing in Your Maritime Adventures

  • Yacht Surveys: Ensuring Smooth Sailing in Your Maritime Adventures

In the vast realm of maritime adventures, owning a yacht is the epitome of luxury and leisure. Whether you're a seasoned sailor or a novice boat enthusiast, ensuring the safety and seaworthiness of your vessel is paramount. This is where yacht surveys and surveyors come into play. In this comprehensive guide, we'll delve into the world of yacht surveys, their importance, costs, and everything in between. 

Understanding Yacht Surveys

What is a yacht survey.

A yacht survey is a comprehensive inspection and evaluation of a boat's condition, structure, and safety. It's a crucial process whether you're buying a yacht, planning to insure it, or simply ensuring its seaworthiness for your next adventure. A professional yacht surveyor performs this assessment, providing a detailed report that can influence your buying decision.

The Role of Yacht Surveyors

Yacht surveyors are experts in maritime safety and boat assessments. They possess extensive knowledge of various boat types, materials, and systems. Their primary role is to conduct thorough examinations of vessels, identifying any existing issues or potential risks . They ensure that your boat complies with safety standards and maritime regulations.

A man and woman pointing at a boat and discussing

Types of Yacht Surveys

Pre-purchase boat inspection.

Before you make the exciting leap into yacht ownership, a pre-purchase boat inspection is essential. This survey involves a meticulous examination of the boat's hull, structure, machinery, electrical systems, and more. The surveyor's findings can influence your decision and negotiation with the seller.

Sailboat Survey

Sailboat surveys focus on the unique requirements of sailing vessels. The surveyor checks the rigging, sails, keel, and other sailing-specific components. This survey is vital for those who appreciate the art of sailing.

Out of Water Boat Survey

This survey involves taking the boat out of the water for a closer inspection. It allows the surveyor to examine the hull for signs of damage, osmosis, and other issues that might not be visible in the water.

Marine Insurance Survey Requirements

Many insurance companies require a marine insurance survey to provide coverage for your yacht. This survey ensures that your vessel is safe and well-maintained, reducing the insurance company's risk.

The Cost of Yacht Surveys

How much does a boat survey cost.

The cost of a boat survey can vary significantly based on several factors. These include the size and type of the vessel, its location, and the extent of the inspection required. On average, boat surveys can cost anywhere from a few hundred to a couple of thousand dollars.

Average Cost of Boat Survey

On average, you can expect to pay between $500 and $1,500 for a standard boat survey. Keep in mind that more extensive surveys or those for larger vessels can cost more. However, this cost is a small price to pay for ensuring your safety and the seaworthiness of your investment.

Factors Influencing Survey Costs

Survey costs can fluctuate based on location, with surveys in more remote areas often costing more due to travel expenses. The complexity of the boat and the thoroughness of the survey can also impact costs.

Read our top notch articles on topics such as sailing, sailing tips and destinations in our  Magazine.

The Significance of Marine Engine Surveys

What is a marine engine survey.

The heart of any boat is its engine, and a marine engine survey is dedicated to its inspection. A surveyor examines the engine's condition, performance, and any potential issues. This is crucial for keeping your yacht running smoothly.

Marine Engine Survey Report

The survey report provides you with an in-depth analysis of your engine's condition. It's an invaluable document for maintenance and repair purposes, helping you ensure the longevity of your vessel.

In the vast world of maritime adventures, where the allure of owning a yacht beckons, one thing remains paramount – the safety and seaworthiness of your vessel. Yacht surveys, conducted by expert surveyors, offer a crucial lifeline to ensure your nautical dreams become a reality without any hiccups.

We've navigated through the intricacies of yacht surveys, learning about the various types, their costs, and the significance of experienced surveyors like Jeremy Wise. These professionals act as the guardians of your maritime investment, ensuring it complies with safety standards and regulations.

Whether you're embarking on the exciting journey of purchasing a yacht, need to secure insurance coverage, or simply want to maintain your boat's impeccable condition, yacht surveys are your steadfast companions.

In the end, it's not just about the costs involved; it's about the peace of mind, the guarantee of safety, and the preservation of your maritime dreams. So, as you set sail into the vast blue expanse, may your journey be smooth, your yacht be safe, and your adventures be unforgettable.

Bon voyage!

So what are you waiting for? Take a look at our  range of charter boats  and head to some of our favourite 

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OCEAN MARINE SURVEYORS SURVEY RATES

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Our team is frequently asked, “How much does a marine survey cost”? While on the surface, providing a flat-rate seems like the easiest response, the real answer is “it depends”. Each vessel is different which means each survey is different in terms of complexity and time to complete.

Type of vessel (power or sail), size, intended use, onboard systems, and construction methods, as well as location are a few factors to consider. These factors all contribute to the overall cost of a survey.

Vessel Size

Larger vessels typically have more inspection areas and more onboard systems than smaller vessels. It will always take more time to ascertain the operating condition of a bigger vessel with more specialized systems such as roll stabilizers, water makers, multiple air conditioners, complicated electronic systems, and modern propulsion. Surveys cost more when extra time is required.

Age and Condition

Cost vs investment.

You are investing in peace of mind when you get a marine survey. Although choosing the cheapest surveyor may initially save you a few dollars, unforeseen repairs may cost you significantly more in the long run. Choosing the least expensive person for the job is not always the best decision. At Ocean Marine Surveyors, we don’t believe in cutting corners. Asking for references, reading reviews , and researching the surveyor’s qualifications are the first steps to selecting a surveyor. Then, speak directly with the surveyor to determine if they are a good match.  

There are many reasons why having a comprehensive marine survey report is important. It not only establishes the value and condition of the vessel, but also helps determine its fair market value. Reports from marine surveys are commonly used as evidence in litigation, so hiring the best person you can is a good idea and you’ll be glad you decided to hire a professional. To ensure you have an expert working for you, we invest countless hours and money in our education and qualifications. It is often more expensive to hire the cheapest surveyor. 

Call us and tell us about your boat and we will happy to provide you with a free quote.

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Ocean Marine Surveyors provides a wide array of marine surveys including pre-purchase surveys, valuation surveys, damage surveys, insurance surveys, and more. George Malhiot is a current NAMS associate and IIMS affiliate. Our years of experience and credentials help ensure that each and every client receives a superior level of service.

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How Much Does a Boat Survey Cost?

If you are thinking about buying or selling a yacht or a sailboat, you will need to hire a boat surveyor to evaluate this large vessel in order to understand its true value. In this article, we are going to talk about the costs of a boat survey and what you need to know when making such an acquisition.

How Much Does A Boat Survey Cost?

The cost of a boat survey varies widely and depends on the type of boat that is evaluated (yacht, sailboat, or other type of boat). Also, the total cost of a boat survey is affected by factors such as the age, condition, and location of the boat. In general, you will have to pay $28 to $55 per foot for a boat survey, while for a yacht the price can easily go higher than $500 per foot .

In the table below you will find the average costs per foot for a boat survey for different types of boats.

These costs depend greatly on the location. For instance, if you are living in Los Angeles, California you will spend much more for a boat survey than if you were to live in the middle of Missouri.

Though, it is recommended to add this cost into your buying budget because specific surveys evaluate all vital parts of the boat like the hull composition and electrical systems. This service is worth the cost as you will have the peace of mind that your boat is secure and safe.

Why do I need a boat survey?

It would be beneficial to get a boat survey if you are considering a boat purchase or boar ownership. This will help both boat purchasers and owners to get a detailed description of the boat before making a decision.

You might also like our articles about the cost of boat transportation , boat bellow replacement , and boat rewiring .

Usually, a marine survey includes the inspection of the boat’s electrical systems, hull, propulsion system, interior and exterior. Plus, this survey is made by a professional boat surveyor who has experience in boat repairs and building. Also, he/she has knowledge about maritime law that offers legal protection for boat purchasers and boat owners.

Finally, you will be able to save money and avoid unanticipated issues in the future if you get a pre-purchase survey.

What does a boat surveyor look for during the inspection?

When doing a boat inspection, a surveyor will analyze very carefully the parts of the boat like the engine, rigging, and the hull, to make sure they are in good condition. Also, all the safety gear, which is on board will be reviewed to make sure it meets the industry standards.

Based on these findings and evaluations, the professional will be able to offer their opinion on the market value and overall integrity of the boat.

How to prepare the boat before a survey?

If you want to sell your boat, you should make sure you have in order and up-to-date all the necessary paperwork. This includes engine, registration, and safety certificates. Also, you should take the time to add any extra documents about upgrades or past maintenance.

After organizing all documents, take a look on board and check it for any clutter that may impair the inspector’s/surveyor’s access to specific areas. Also, make sure that all engines and systems related to navigation or communication are working properly. Plus, make an inventory of all onboard equipment.

By doing all of these before the marine surveyor arrives, you will create a professional impression and make the process easier.

What can a boat surveyor find during an inspection?

Marine Surveyor Services

Also, the overall price can be decreased by any damages that must be repaired before intending to resell the boat.

It is recommended to anyone who wants to sell or buy a boat to firstly resolve any engine issues, verify that all parts of the boat are in good condition, and check for cracks. By doing this both parties, the seller and buyer, will get the desired results.

How long does the boat survey last?

In general, a survey is considered valid for one or two years, depending on the areas in which it was completed and when it was issued.

When talking about the longevity of a boat survey, this depends on your specific situation. For instance, it is recommended to contact a qualified surveyor if you want to buy an older boat. You can search online for a boat surveyor by location and years of experience. Also, take into consideration the client reviews when deciding which one to choose.

Important things to consider

Make sure you have your boat inspected periodically by a professional as this is incredibly beneficial and important. While the longevity of any boat depends on regular maintenance and safety checks, the peace of mind while riding the sea is given by a professional inspection of the boat.

Also, this survey will ensure that all operation systems of the boat, like the safety devices and electrical systems, are working according to the marine safety rules.

Moreover, a professional boat survey will help you avoid any expensive damage in the future, that may appear due to undetected problems such as cracks in the structure or moisture in the hull, that could seriously affect the performance or safety of the boat.

Final words

It is very important to get a boat survey from time to time to make sure you are keeping your family safe while sailing away. Also, this is a crucial step when selling or purchasing a boat as the surveyor will offer an approved opinion regarding the value and condition of the boat. It may be a little expensive but is worth the cost because it will help you avoid costly repairs in the future.

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Sail Away Blog

Understanding the Costs of Owning a Sailboat: A Complete Guide

Alex Morgan

sailboat survey cost

Owning a sailboat can be a dream come true for many sailing enthusiasts. It’s important to understand that there are various costs associated with owning and maintaining a sailboat. By gaining insights from reputable sources such as BoatUS, we can explore the different factors that affect the cost of owning a sailboat and provide helpful tips for managing these expenses.

Factors that impact the cost of owning a sailboat include the type and size of the sailboat, age and condition, location and storage costs, maintenance and repair expenses, insurance and registration fees, as well as any upgrades and customizations. These factors can significantly vary and contribute to the overall expenses involved.

Initially, when purchasing a sailboat, you need to consider the purchase price itself, survey and inspection costs, tax and title fees, as well as any delivery or transportation costs. Additional expenses may arise from the need to purchase equipment and accessories specific to sailing.

ongoing costs are an important consideration. These include mooring or slip fees, insurance premiums, winterization and storage costs, maintenance and repair expenses, as well as fuel, water, and propane costs. In addition, annual registration and licensing renewal fees must also be factored into the budget.

To help manage the cost of owning a sailboat, it is recommended to research and purchase wisely, creating a budget and maintenance plan, considering shared ownership or boat clubs, as well as taking on your own maintenance and repairs. identifying cost-saving opportunities can help make owning a sailboat more financially feasible.

By understanding the factors influencing the cost of owning a sailboat and implementing effective strategies for managing expenses, sailing enthusiasts can enjoy the pleasure of owning a sailboat while being mindful of their financial commitments.

Key takeaway:

  • Owning a sailboat can be costly: The cost of owning a sailboat is influenced by various factors, including the type and size of the boat, its age and condition, as well as location and storage costs. It is important to consider these factors when budgeting for a sailboat.
  • Initial costs of owning a sailboat: When purchasing a sailboat, one must account for the purchase price, survey and inspection costs, tax and title fees, delivery or transportation costs, as well as equipment and accessories expenses.
  • Ongoing costs of owning a sailboat: Owning a sailboat comes with ongoing expenses such as mooring or slip fees, insurance premiums, winterization and storage costs, maintenance and repair expenses, as well as fuel, water, and propane costs. These costs should be factored into the overall budget.

Factors Affecting the Cost of Owning a Sailboat

Owning a sailboat is more than just a hobby—it’s a thrilling adventure that comes with its own set of costs. In this section, we’ll explore the various factors that influence the expenses of owning a sailboat. From the type and size of the vessel to the age and condition, we’ll uncover how these factors play a role in determining the overall cost. We’ll dive into the expenses associated with storage, maintenance, repairs, insurance, registration, as well as upgrades and customizations. So, hold onto your hats as we navigate the financial currents of owning a sailboat!

Type and Size of Sailboat

Pro-tip: Consider your intended use and budget when choosing the type and size of sailboat. Assess your sailing skills and needs to find the right balance between cost and functionality. Research thoroughly and consult with experienced sailors to make an informed decision.

Age and Condition of the Sailboat

The age and condition of a sailboat are crucial factors to consider when evaluating its cost and value. When assessing a sailboat, it is important to take into account various aspects such as the age , maintenance , structural integrity , equipment and systems , upgrades and renovations , as well as the potential resale value .

Older sailboats often have more wear and tear, which may result in frequent repairs. Age alone should not be the sole factor in determining the value of a sailboat. A well-maintained boat, regardless of its age, can be in better condition than a neglected newer boat. It is essential to thoroughly inspect the hull , deck , rigging , and sails for any signs of damage or weakness, as structural issues can be costly to repair. Older sailboats may also have outdated or malfunctioning equipment and systems, which might require upgrading or repair , leading to additional expenses.

On the other hand, considering any enhancements or renovations made to the sailboat can increase its value and overall enjoyment. An older sailboat in good condition may have a higher resale value than a newer boat in poor condition. Therefore, it is vital to assess the potential resale value if considering selling the sailboat in the future.

In a true story, a seasoned sailor once purchased a 30-year-old sailboat in excellent condition. Despite its age, the boat had been meticulously maintained , providing years of reliable cruising without significant expenses. This highlights the importance of not only focusing on the age but also the condition and care given to the sailboat.

Location and Storage Costs

When it comes to owning a sailboat, one cannot underestimate the importance of location and storage costs . These two factors play a significant role in determining the overall expenses.

One key consideration is the mooring or slip fees associated with marinas or yacht clubs. These fees are charged for docking the boat and can vary greatly depending on the location and amenities provided. Whether you are looking to spend a few hundred or several thousand dollars per year, it is crucial to factor in these costs.

Another vital aspect to consider is winterization and storage expenses . Particularly in areas with harsh winters, it becomes necessary to store the sailboat during the off-season. Winterization involves preparing the boat for cold weather conditions and safeguarding it against potential damage. The storage costs can include fees for dry storage or renting boatyard space .

It is essential to take maintenance and repair expenses into account. Depending on the chosen storage location, there may be onsite facilities and services available for routine maintenance and repairs. Proper research and comparison of storage options are crucial to finding a solution that not only meets your needs but also proves to be cost-effective. Key factors to consider in this assessment include proximity to water, security measures, and convenience. These factors will ultimately determine the location and storage costs associated with owning a sailboat.

Maintenance and Repair Expenses

Maintenance and repair expenses are crucial for owning a sailboat. Ensuring that you budget for these costs is necessary to maintain the good condition of your sailboat and guarantee its longevity.

To gain a better understanding of the maintenance and repair expenses, here is a breakdown of the common costs associated with sailboat ownership:

  • Regular Maintenance: This includes activities such as cleaning, polishing, and basic upkeep.
  • Haul-out and Bottom Painting: Periodically hauling out the boat to apply anti-fouling paint to the hull.
  • Rigging: This involves inspecting, tuning, and replacing standing and running rigging.
  • Hull Repair: It covers fixing any damage to the hull caused by collisions or accidents.
  • Engine Servicing: Maintaining and repairing the boat’s engine and its associated systems.
  • Sail Repair: This entails fixing tears, replacing worn-out sails, or upgrading for improved performance.

These maintenance and repair expenses are typical for sailboat owners. Costs can vary depending on factors such as boat size, the extent of the repair required, and whether you choose to do the work yourself or hire professionals.

Regular maintenance and timely repairs can prevent more costly issues in the future. By actively maintaining your sailboat, you can ensure it remains in optimal condition for many years of sailing enjoyment.

It is important to always consider maintenance and repair expenses when calculating the overall cost of owning a sailboat. By being prepared and budgeting for these costs, you can avoid any financial surprises.

Sailboats have been adored by sailors for countless centuries. The joy of sailing remains unchanged from ancient times to the present day. Alongside sailing, sailboat ownership entails taking responsibility for the necessary maintenance and repair expenses. Sailors understand the significance of keeping their vessels in good condition, as it ensures safety and prolongs the lifespan of their sailboats. By dedicating time and resources to maintain and repair their sailboats, sailors have embarked on countless adventures, participated in races, and experienced the serene beauty of gliding through the water. The tradition of caring for sailboats has been passed down through generations, preserving the spirit of sailing.

Insurance and Registration Fees

When owning a sailboat, it is important to consider insurance and registration fees . These two factors play a crucial role in protecting your investment and ensuring legal registration. Here are some key points to keep in mind:

– Insurance : Sailboat insurance is essential in safeguarding against accidents, damage, or theft. The cost of insurance can vary based on several factors, including the value of the boat, its age and condition, your boating experience, and claims history.

– Registration fees : Registering your sailboat is necessary to meet legal requirements. The fees associated with registration can vary depending on the length of the boat, its usage location, and whether it is intended for recreational or commercial purposes.

Both insurance and registration fees should be considered as ongoing costs when budgeting for your sailboat. The specific amounts will vary depending on your individual circumstances and location.

For reference, BoatUS reports that the average annual boat insurance premium typically ranges from 1.5% to 2% of the boat’s market value. In terms of registration fees, they can range from $20 to $200, with the actual amount dependent on the state and size of the boat.

Upgrades and Customizations

When it comes to owning a sailboat, there are various upgrades and customizations that can enhance your sailing experience. Performance upgrades, comfort upgrades, technology upgrades, safety upgrades, and aesthetics upgrades are all available options. Consider your needs, preferences, and budget when deciding on upgrades and customizations for your sailboat. Prioritize upgrades that align with your sailing goals and enhance your sailing experience.

Initial Costs of Owning a Sailboat

Owning a sailboat may be a dream come true, but it’s important to understand the initial costs involved. In this section, we’ll dive into the different factors that contribute to the price tag of owning a sailboat. From the purchase price of the boat itself to survey and inspection costs, tax and title fees, delivery or transportation costs, and necessary equipment and accessories, we’ll break down the expenses you can expect when setting sail into the world of boat ownership. So, let’s hoist the anchor and navigate the financial waters of owning a sailboat!

Purchase Price of the Sailboat

The purchase price of a sailboat is an important factor to consider when owning one. It can vary depending on the size, age, and condition of the boat. Here is a table summarizing the average prices for different types of sailboats:

It’s crucial to note that these prices are estimates and can vary depending on the brand, model, and condition of the sailboat. In addition, other costs such as taxes, registration fees, and survey and inspection expenses should also be taken into consideration.

When purchasing a sailboat, it’s important to thoroughly research and inspect it. Consulting with experts or hiring a professional surveyor to assess its condition is highly recommended .

Buying a sailboat can be a significant investment, but it can also be a rewarding and enjoyable experience. It’s advisable to set a budget and carefully consider all associated costs, including ongoing expenses, to ensure financial preparedness .

If necessary, negotiate the purchase price and consider buying used sailboats as a more affordable option. Wishing you happy sailing !

Survey and Inspection Costs

To determine the cost of owning a sailboat, survey and inspection costs are crucial. They ensure the condition and seaworthiness of the sailboat before buying it.

– Haul-out and bottom inspection: $300 – $500 – General condition survey: $10 – $20 per linear foot of boat length – Out-of-water inspection (including mast and rigging): $300 – $600 – Sail inspection: $150 – $300 – Engine inspection: $200 – $400

These costs can vary depending on the sailboat’s size, complexity, location, and the expertise of the surveyor. It is important to hire a knowledgeable professional surveyor who can thoroughly assess the vessel.

Survey and inspection costs are essential to uncover any potential issues or hidden problems with the sailboat. They allow buyers to make informed decisions and negotiate the purchase price based on the findings. These costs contribute to the overall expenses of owning a sailboat and ensure the vessel’s safety and seaworthiness.

Tax and Title Fees

Owning a sailboat involves considering various costs, including tax and title fees . These fees are necessary for legal ownership of the sailboat and may vary based on the boat’s location and size .

Location | Tax and

——— | —————–

Florida | $500

California | $1,000

New York | $800

These fees are typically a percentage of the sailboat’s purchase price and are required to register the boat and obtain the necessary documentation. It’s important to include these fees when budgeting for the overall cost of owning a sailboat.

To manage the cost of tax and title fees , it’s recommended to research the fees specific to your location beforehand and create a budget that includes these fees. Considering shared ownership or joining boat clubs can help reduce the financial burden of owning a sailboat. Purchasing a used sailboat or performing your own maintenance and repairs can save money in the long run.

Delivery or Transportation Costs

To understand sailboat ownership costs, consider delivery or transportation expenses. Factors like distance, transportation mode, and additional services can affect these costs.

Distance is a key factor in delivery costs. Shipping a sailboat long distances, especially across borders or overseas, significantly increases expenses. The sailboat’s size and weight determine the transportation method (land, sea, or air).

Other contributors to delivery costs include the need for specialized equipment (e.g. cranes, trailers) to load and unload the sailboat. Remote or hard-to-reach locations require extra logistics and fees.

To minimize costs, research reputable transportation providers with competitive prices. Comparing quotes helps find the most cost-effective option. Coordinating the delivery during low-demand periods also reduces expenses.

Pro-tip: Prioritize safety and proper handling during transportation. Investing in reliable services prevents damages or delays, ensuring a smooth journey for your new vessel.

Equipment and Accessories

When owning a sailboat, it is important to factor in the cost of equipment and accessories. These items are vital for the proper functioning and enjoyment of your sailboat.

The cost of equipment and accessories can vary depending on the size and type of sailboat, as well as personal preferences and requirements. Investing in high-quality and durable equipment is crucial.

It is worth considering ongoing maintenance and replacement costs for certain equipment and accessories. For instance, sails may need replacement every 5-10 years, depending on usage and care. Electronics may also require upgrades as they become outdated.

By meticulously considering necessary equipment and accessories and budgeting for their costs, you can ensure a safe and enjoyable sailing experience.

Ongoing Costs of Owning a Sailboat

Owning a sailboat can bring both joy and ongoing costs. In this section, we’ll explore the various expenses that come with owning a sailboat. From mooring or slip fees to maintenance and repair expenses, we’ll uncover the financial considerations that sailors need to keep in mind. Additionally, we’ll touch upon insurance premiums, winterization and storage costs, as well as fuel, water, and propane costs. Lastly, we’ll discuss the need for registration and licensing renewal fees. Buckle up as we dive into the financial realities of sailboat ownership!

Mooring or Slip Fees

When owning a sailboat, one of the ongoing costs is mooring or slip fees. These fees secure a location to dock or store your sailboat. Here are some important details to keep in mind:

Location: Mooring or slip fees can vary depending on the location. Popular coastal areas or marinas in metropolitan cities tend to have higher fees than remote or less populated areas.

Size of boat: The size of your sailboat affects the cost of mooring or slip fees. Larger boats require more space and may have higher fees.

Type of mooring: Marinas offer different mooring options, such as floating docks, mooring balls, or fixed piers. The type of mooring chosen may impact the fees.

Length of stay: Mooring or slip fees are typically charged monthly or yearly. Longer-term contracts often have discounts or lower rates compared to short-term or transient mooring.

Amenities and services: Some marinas offer additional amenities and services, such as electricity, water hookups, Wi-Fi access, security measures, and facilities. These extras may contribute to higher fees.

Research and compare different marinas or docking facilities in your desired area to find the most suitable and cost-effective option for mooring or slip fees.

Insurance Premiums

Insurance premiums are an important ongoing cost to consider when owning a sailboat. Here are some key factors:

  • Boat’s value: Premiums are often based on the sailboat’s value. Higher-value boats may have higher insurance premiums.
  • Type of coverage: Different insurance policies offer varying levels of coverage, which directly affects the premium amount.
  • Boating experience: The owner’s sailing experience and history may be taken into consideration. More experienced sailors may be eligible for lower insurance premiums.
  • Location: Insurance premiums can be impacted by the location where the sailboat will be primarily used and stored. Areas prone to natural disasters or high rates of boat theft may have higher insurance premiums.
  • Previous claims history: Insurance companies consider the claims history of the sailboat owner. Owners with a record of previous claims may be charged higher insurance premiums.
  • Security measures: Installing security devices such as GPS tracking, alarms, or sturdy locks can help reduce insurance premiums. Storing the sailboat in a secure location can also have an impact.
  • Insurance provider: Rates and coverage options vary among insurance companies. It’s important to shop around and compare quotes to find the best insurance coverage at an affordable premium.

Considering these factors can help you make an informed decision about insurance premiums for your sailboat.

Winterization and Storage Costs

When owning a sailboat, it’s crucial to carefully consider the expenses associated with winterization and storage costs . These costs are necessary to safeguard your sailboat during the colder months.

Winterization , which can amount to approximately 1% to 3% of your boat’s value, involves various tasks such as removing and securely storing sails, electronics, and disconnecting the battery. In addition to these tasks, there are supplementary costs involved, such as purchasing antifreeze, fuel stabilizer, and other materials essential for the winterization process.

On the other hand, storage costs are determined by factors such as the size of your boat and its location. If you opt for indoor storage, you can expect to pay a monthly fee ranging from $300 to $900. Outdoor storage options, on the other hand, are more affordable, with costs typically falling between $100 and $400 per month.

In order to efficiently manage these expenses, it is crucial to plan ahead and establish a budget. A sensible approach would be to contact local marinas or boatyards and compare prices to find the most suitable storage option for your sailboat. You should inquire about any available long-term storage discounts or package deals that can help you protect your sailboat without exceeding your budget.

Maintenance and repair expenses are significant for sailboat ownership. Consider the following factors for these costs:

-Regular maintenance: Sailboats require routine upkeep for proper functioning. This includes cleaning, painting, and lubricating various components.

– Engine maintenance: Sailboats with engines need regular servicing, including oil changes, filter replacements, and inspections. Costs vary based on engine size and type.

-Sail and rigging repairs: Over time, sails and rigging may wear out or become damaged. Repairing or replacing these components is necessary for sailboat performance and safety.

-Hull repairs: The sailboat hull may need occasional repairs due to impacts, corrosion, or wear and tear. Costs vary based on damage extent and repair materials.

– Electronics and electrical system maintenance: Sailboats with electronics and electrical systems require periodic inspections, repairs, or replacements for proper functioning.

To manage maintenance and repair expenses effectively, consider these suggestions:

-Create a budget: Allocate funds specifically for maintenance and repair costs.

-Perform regular inspections: Assess the sailboat’s condition regularly to detect potential issues early and address them promptly.

-Learn basic maintenance skills: Develop DIY skills to handle minor repairs and maintenance tasks, reducing the need for professional assistance.

-Stay proactive: Address maintenance and repair needs promptly to prevent further damage and potential cost increases.

-Consider professional assistance: Some complex repairs or specialized tasks may require professional expertise. Factor in the cost of hiring professionals when budgeting for maintenance and repairs.

Fuel, Water, and Propane Costs

Fuel, water, and propane costs are important ongoing expenses to consider when owning a sailboat. These costs can vary depending on factors such as frequency of use, distance traveled, and the boat size. Here are some key points to keep in mind:

– Sailboats require fuel for auxiliary engines during maneuvers or emergencies. On average, fuel costs can range from 5-10% of total operating expenses and propane costs.

– Sailboats have water tanks for drinking, cooking, and cleaning. Refilling these tanks depends on location and water prices. Marinas offer refill stations, charging per gallon or per liter usage.

– Sailboats use propane for cooking, heating, and refrigeration. Propane costs vary based on tank size and frequency of usage. Consider refill costs and ensure a sufficient supply.

Fact: BoatUS Magazine reports that the average sailboat owner spends $1,000 to $2,000 per year on fuel, water, and propane costs.

Registration and Licensing Renewal Fees

Owning a sailboat requires considering the registration and licensing renewal fees. These mandatory fees vary depending on the boat’s registration location. They contribute to maintaining boating facilities and waterways.

Factoring in these fees is essential when considering the overall cost of owning a sailboat. Failure to renew registration and licensing can result in fines or the boat’s inability to be operated legally. It is crucial to check the specific renewal requirements and deadlines in your area.

Tips for Managing the Cost of Owning a Sailboat

Owning a sailboat can be a dream come true, but managing the costs can be a challenge. In this section, we’ll share some valuable tips to help you navigate the financial waters of owning a sailboat. From researching and purchasing wisely to creating a budget and maintenance plan, we’ll equip you with practical strategies to keep expenses in check. We’ll also explore alternative options like shared ownership and cost-saving opportunities, so you can indulge in your sailing passion without breaking the bank .

Research and Purchase Wisely

When owning a sailboat, research and purchase wisely for the best possible decision. Here are some tips to help with research and purchase:

1. Determine sailing goals: Consider racing or cruising, day-sailing or extended trips. Knowing goals narrows down options.

2. Research sailboat types: Each type has advantages and disadvantages. Research size, stability, and handling.

3. Read reviews and seek recommendations: Look for reviews of sailboat models and brands. Read about other sailors’ experiences and seek expert or fellow sailor recommendations.

4. Inspect sailboat: Thoroughly inspect any potential sailboat. Look for damage, assess condition, and check for necessary repairs or upgrades.

5. Consider maintenance cost: Account for ongoing maintenance when deciding to purchase.

6. Get a survey: Have a professional surveyor evaluate the sailboat’s condition and identify any potential issues.

Pro-tip: Take your time, do thorough research, and consult experts for an informed decision.

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Create a Budget and Maintenance Plan

To successfully create a budget and maintenance plan for owning a sailboat, it is crucial to follow these steps:

1. Assess your financial situation and establish your boat ownership budget.

2. Research and compile a list of potential expenses related to sailboat ownership, including the purchase price, insurance premiums, mooring fees, maintenance costs, and fuel expenses.

3. Categorize and estimate the average cost for each expense category, such as monthly insurance cost, annual maintenance cost, and seasonal winterization and storage cost.

4. Prioritize and allocate your budget appropriately, identifying areas where you can save money and areas where you should invest more.

5. Develop a maintenance timeline and schedule regular check-ups to proactively address small issues before they escalate into costly repairs.

6. Maintain a comprehensive record of all expenses and periodically compare them with your budget to ensure you are staying on track.

7. Establish a contingency fund specifically designated for unexpected repairs or emergencies that may arise.

8. Stay informed about potential cost-saving opportunities, such as discounts on mooring fees or fuel, and take full advantage of them.

9. Regularly review and adjust your budget and maintenance plan to accommodate any changes in your financial situation or boat ownership requirements.

By implementing these steps, you will be able to effectively manage your sailboat’s finances and upkeep, enabling you to fully enjoy your sailing experiences.

Consider Shared Ownership or Boat Clubs

Consider shared ownership or boat clubs as a cost-saving option when owning a sailboat.

– Shared Ownership: When considering the ownership of a sailboat, it would be wise to consider shared ownership programs or boat clubs. These options allow you to share the costs and responsibilities with others, resulting in significantly reduced expenses. By joining a shared ownership program, you can split the purchase price, maintenance costs, mooring fees, and other expenses among multiple owners. This arrangement offers shared usage, ensuring that you can enjoy the sailboat without shouldering the full financial burden.

– Boat Clubs: Another cost-effective alternative to purchasing and maintaining a sailboat individually is to join a boat club. Boat clubs grant you access to a fleet of sailboats for a monthly or annual fee. This eliminates the need for individual ownership and the associated expenses. Boat clubs offer various membership levels and allow members to reserve boats for specific dates and durations, providing flexibility and convenience. This is particularly advantageous for individuals who desire the joys of sailing without long-term commitments and heavy financial obligations.

– Membership Fees: Before finalizing your decision, it is essential to consider the membership fees associated with shared ownership or boat clubs. Take the time to compare these fees with the potential cost savings to ensure they align with your budget and sailing needs.

– Availability and Reservations: It is crucial to check the availability of sailboats and the ease of reserving them in your area. Consider the proximity of boat club locations to ensure convenient access.

– Community and Networking: Beyond the financial advantages, shared ownership and boat clubs offer an opportunity to connect with fellow sailing enthusiasts and foster a sense of community. By sharing experiences, knowledge, and resources with other members, you can enhance your overall sailing experience.

Considering shared ownership or boat clubs is a practical way to enjoy the benefits of sailing while minimizing financial obligations.

Do Your Own Maintenance and Repairs

Doing your own sailboat maintenance and repairs saves money and ensures good condition. By taking the necessary steps, you can effectively Do Your Own Maintenance and Repairs.

1. Regularly inspect your boat for damage or wear. Check the hull for cracks, inspect rigging for fraying or corrosion, and examine sails for tears or holes.

2. Learn basic maintenance tasks like cleaning, changing oil and filters, and checking and replacing spark plugs. This way, you can confidently Do Your Own Maintenance and Repairs.

3. Invest in a versatile set of tools including wrenches, pliers, screwdrivers, and electrical testers. These tools will aid you in successfully completing Do Your Own Maintenance and Repairs.

4. Educate yourself on more complex repairs like fixing leaks, repairing electrical systems, and replacing parts. By learning these skills, you will be equipped to effectively Do Your Own Maintenance and Repairs.

5. Be proactive in addressing issues to prevent them from becoming costly problems later. By taking proactive measures, you can efficiently Do Your Own Maintenance and Repairs, saving both time and money.

By doing your own maintenance and repairs, you save money and develop a better understanding of your boat, boosting your confidence in handling any issues that may arise. So, take charge and confidently Do Your Own Maintenance and Repairs.

Take Advantage of Cost-Saving Opportunities

To efficiently manage the expenses associated with owning a sailboat, it is crucial to capitalize on various cost-saving opportunities. These approaches include:

  • Making use of discounts and promotions provided by marinas and boat clubs. These organizations frequently offer reduced rates for services such as mooring or slip fees, as well as other facilities.
  • Engaging in co-ownership of a sailboat with other individuals or families to distribute the costs and enhance affordability.
  • Whenever feasible, handle your own maintenance and repairs. Acquiring basic boat maintenance skills can substantially reduce expenses related to labor costs.
  • Prior to purchasing equipment, accessories, and supplies for your sailboat, conduct thorough research and compare prices. Look out for sales, discounts, and consider buying used items in good condition to cut down on expenses.
  • Seek out opportunities to save on fuel, water, and propane. Look for marinas or fuel stations that provide boaters with discounts or loyalty programs.

By implementing these strategies, one can effectively reduce the overall cost of sailboat ownership and ensure a more affordable boating experience.

Some Facts About How Much Does It Cost To Own A Sailboat:

  • ✅ The initial purchase cost of a sailboat can vary depending on factors such as type, size, condition, and whether it’s new or used.
  • ✅ Financing options are available for those who can’t afford to buy a sailboat outright.
  • ✅ Maintenance costs for a boat can be around 10% of its value per year, and unexpected repairs may also be necessary.
  • ✅ Owning a sailboat can be affordable, with prices ranging from $1,500 for a used sailboat to $250,000 for a new sailboat.
  • ✅ The average price of new sailboats is $250,000, ranging from $96,000 to $654,000.

Frequently Asked Questions

1. how much does it cost to buy a sailboat.

The cost of buying a sailboat can vary depending on factors such as type, size, condition, and whether it’s new or used. For example, a new sailboat can cost anywhere from $96,000 to $654,000, while a used sailboat can range from $19,000 to $518,000. Popular sailboats such as the Catalina 30, Islander 36, Contessa 32, Pearson 34, and Nordic 40 have different asking prices.

2. What are the annual components of owning and operating a sailboat?

The annual costs of owning and operating a sailboat include maintenance costs (around 10% of the boat’s value per year), insurance costs (approximately 1.5% of the boat’s value), mooring or berthing costs (varying based on location and convenience), off-season storage ashore fees (cheaper than marina berths), and additional expenses for upgrades and repairs.

3. What is the true cost of boat ownership?

The true cost of boat ownership goes beyond the initial purchase price. It includes various other expenses such as the price of the boat and additional equipment needed for sailing (capital cost), finance costs (if a loan is taken), depreciation (which may not be significant for well-maintained used boats over 5 years old), insurance costs, mooring or berthing fees, off-season storage ashore charges, and ongoing maintenance and upgrade costs.

4. How much are the hidden costs of owning a sailboat?

Owning a sailboat involves additional costs that might not be immediately apparent. These hidden costs include inspection fees, necessary add-ons for safety, potential repairs, and unforeseen expenses that may arise during ownership. It is important to factor in these hidden charges when budgeting for a sailboat.

5. What are the monthly expenses associated with sailboat ownership?

Monthly expenses for owning a sailboat may include maintenance costs (ranging from $2,000 to $3,000), mooring or docking fees, insurance premiums, fuel costs, electricity bills, dining out expenses, internet access fees, personal care and clothing expenses, and entertainment costs. These expenses can vary depending on individual preferences and lifestyle choices.

6. How can I make money from owning a sailboat?

While owning a sailboat does come with expenses, there are potential ways to offset costs or even make money. Some sailboat owners choose to rent out their boats when not in use, participate in boat chartering programs, or offer sailing lessons. It is important to research and understand the legal and financial implications of such endeavors.

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  1. How Much Does An Average Sailboat Cost?

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  2. Buying a Sailboat

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  3. Sample Sailing boat Pre-Purchase Survey by UK Yacht Surveyors by UKYS

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  4. Sailboat Survey Form ≡ Fill Out Printable PDF Forms Online

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  6. Sailboat Survey Form ≡ Fill Out Printable PDF Forms Online

    sailboat survey cost

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COMMENTS

  1. Boat Surveyors: A Buyer's Guide To Boat Surveys And ...

    Engine and sailboat rig surveys generally cost $500-$1000 but are dependent on the number of engines and the age of the rig. Come prepared to make payments for all services rendered on the day of the survey including the surveyor and the short haul. Surveyors and some boatyards may require a check rather than a credit card.

  2. How To Get A Sailboat Surveyed

    A sailboat survey report should include: Details about installed engines and generators, including model numbers, serial numbers, and engine hours. ... The cost to replace new units or buy older equipment from Ebay or marine salvage and consignment shops are both allowed, as are a reasonable cost for labor to replace the equipment.

  3. Understanding Boat Surveys: What is Pre-Purchase?

    Some surveyors use a flat rate based on the length the boat, while others use an hourly rate. Either way, a pre-purchase survey will cost somewhere around $20 per foot, but it will be higher on large and complex (or older) boats. In some cases, it may be less.

  4. How much does a marine survey cost?

    CURRENT RATES (05/2022): Pre-Purchase Condition & Valuation (C&V) Marine Survey: $28.00 - $35.00 per foot. Insurance Condition & Valuation (C&V) Marine Survey: $24.00 to $28.00 per foot. Marine Appraisals : Donations, Estates, Court Cases, Tax Assessments: Base Price $300. plus hourly (depends on the boat - please call for more information).

  5. How Much Does A Boat Survey Cost? Understanding The Factors And Fees

    A Pre-Purchase Condition & Value Survey tends to be the most comprehensive and can cost around $28.00 - $35.00 per foot. An Insurance Condition & Valuation Survey may have a slightly lower cost range from $24.00 to $28.00 per foot. Additional services such as engine surveys or sea trials may increase the overall expense.

  6. Marine Surveyors

    Let the surveyor know why you need a survey. If it's to purchase a boat or to fulfill an insurance requirement, you need a Full Condition and Value (C&V) survey. ... This report will estimate the current market value for the boat today, the cost to rebuild the boat today, and provide a detailed description of the construction and condition of ...

  7. How Much Does A Boat Survey Cost?

    The boat survey cost, also referred to as "boat surveyor cost," can vary based on things like the type of survey, boat size, location, complexity of the vessel, additional services, and the surveyor's experience. Remember to obtain multiple quotes and pick a marine surveyor who can provide a complete assessment of your boat's condition.

  8. Marine Surveys and Surveyors

    Damage surveys may be necessary after storm or accident damage. They determine the extent of the damage and the cost of repairs. Often these are required by insurance companies after an unfortunate incident. New Yacht Surveys. New yacht surveys are usually only necessary on large, expensive boats.

  9. How To Hire A Boat Surveyor

    How Much Does A Boat Survey Cost? On average, boat surveyors charge between $18-$25 a foot and this will include an out of water inspection, sea trial, test of all systems, and a full survey report. This can change from surveyor to surveyor, but is generally standard practice. Extras services, such as compression, will generally be extra but it ...

  10. How Much Does A Boat Survey Cost? All Types Of Boats

    Boat survey costs vary widely and can depend on the type of boat you're looking at - a sailboat, yacht, or a different kind of boat. As a general rule, a boat survey generally ranges from $25-50 per foot, while yachts can cost upwards of $500+ per foot. Other factors such as condition, location, and age also come into play when determining ...

  11. Boat Survey Costs: A Comprehensive Guide

    Pre-Purchase Condition & Value Survey. If you plan to purchase a new boat, the pre-purchase boat survey is recommended whether you are purchasing a brand new one or a secondhand vessel. This will do the detailed checking of the physical condition of the boat, as well as its engine performance. This type of survey may cost $22 to $26 per foot.

  12. How To Hire A Boat Surveyor

    Costs of a Boat Survey. Boat surveyors typically charge between $18 and $25 per foot, which includes an out-of-water check, a sea trial, a system test, and a comprehensive survey report. Although it may vary from surveyor to surveyor, this is typically accepted practice. The expenses to the service yard to remove the boat out of the water may ...

  13. Marine Surveys and Surveyors

    Boat surveys fall into several categories including: Condition and Value (C&V) surveys; Insurance C&V surveys; Appraisal Surveys; ... How much does a boat survey cost? Pricing varies in different areas, but as a general rule of thumb plan on spending around $20 to $25 per foot of boat. Note, however, that many surveyors have a minimum charge ...

  14. Yacht and Boat Surveys: Costs and Process Explained

    Survey Costs. The cost of a yacht or boat survey can vary widely depending on several factors, including the size and type of the vessel, the scope of the survey, and the surveyor's experience and reputation. On average, boat surveys can range from a few hundred to a few thousand dollars.

  15. Boat Surveys (A Complete Guide)

    A boat survey is a comprehensive inspection of a boat's condition and value, often conducted by a professional marine surveyor. There are several types of boat surveys, including pre-purchase surveys, insurance surveys, and damage surveys. The cost of a boat survey can vary, but on average, you might expect to pay around $20 per foot.

  16. Boat Appraisal Surveys: Everything You Need to Know & Cost

    A boat appraisal is designed primarily to assess the value of the boat and is typically a less exhaustive survey compared to a Condition & Value Survey or Pre-Purchase Survey. These surveys typically include a detailed inspection of the condition and operation of the boat in and out of water. Type of Marine Survey. Boat Appraisal Survey.

  17. Survey Pricing

    One of the surveys provided as an example, the Formula 45 Yachts' Condition and Valuation Survey, has a base cost that would be calculated accordingly. This yacht has a manufacturer's specified dry displacement of 31,800 lbs. so, round up to 32,000, divide by 1,000 and multiply by 65 to arrive at $2,080. Because this is a C&V Survey, the ...

  18. How to save money on yacht survey costs

    Engine. The engine should be proven where possible in a pre-purchase yacht survey. Many buyers take the craft on a sea trial, and at that point, taking an engineer from the local engine dealership who may have software to plug in is worth the investment. Fuel lines that are out of date or badly worn should be spotted.

  19. Yacht Surveys: Navigating Safety and Costs with Expert Surveyors

    On average, boat surveys can cost anywhere from a few hundred to a couple of thousand dollars. Average Cost of Boat Survey. On average, you can expect to pay between $500 and $1,500 for a standard boat survey. Keep in mind that more extensive surveys or those for larger vessels can cost more. However, this cost is a small price to pay for ...

  20. Marine Surveyor Rates

    OCEAN MARINE SURVEYORS SURVEY RATES. Get a Free Quote. Competitive pricing. 5-star reviews. Prompt and friendly service. CA: 949 698-3353FL: 561 710-7049. Our team is frequently asked, "How much does a marine survey cost"? While on the surface, providing a flat-rate seems like the easiest response, the real answer is "it depends".

  21. How Much Does A Boat Survey Cost?

    The cost of a boat survey varies widely and depends on the type of boat that is evaluated (yacht, sailboat, or other type of boat). Also, the total cost of a boat survey is affected by factors such as the age, condition, and location of the boat. In general, you will have to pay $28 to $55 per foot for a boat survey, while for a yacht the price ...

  22. Understanding the Costs of Owning a Sailboat

    To determine the cost of owning a sailboat, survey and inspection costs are crucial. They ensure the condition and seaworthiness of the sailboat before buying it. Survey and Inspection Costs - Haul-out and bottom inspection: $300 - $500 - General condition survey: $10 - $20 per linear foot of boat length

  23. Rates

    2024 Rates . Boston Marine Surveyors fees are calculated based on the type of survey, level of complexity, location, size & age of the vessel.There are typically no travel expenses or travel fees for our surveys. Please do not hesitate to call us for an estimate, or to discuss the boat in general (781) 812-9570.