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| Insurance surveys are performed for the purpose of obtaining or maintaining insurance with various international insurers. The survey is a full condition survey but the report is not as detailed as a pre-purchase survey. The survey would be completed in one day. |
| Generally these are performed out of the water. If the boat is in the water a "survey lift" could be arranged where the boat is lifted for 30mins, inspected while suspended and then launched. Then the survey would continue in the water. |
| An in-water survey is usually accepted by insurers. |
| Steel yacht insurance surveys require ultrasonic thickness measurements so the boat must be out of the water. |
| Insurance related deficiencies are listed at the end of the report as "Recommendations". Advisories to the owner which are not insurance related are listed as "Suggestions". This is a clear split to ensure that insurers only take note of the Recommendations which are structural, operational, safety related items which should concern them. |
| The Recommendations will be graded such as "Before Sailing" and "At next haul out" to specify the timescale when they should be completed. |
| It is unlikely insurers will require a revisit unless significant repairs were required. However if an item was not completed and there was a claim which was found to be related to or caused by that item then insurers might avoid to pay out. |
| It would be recommended to send them copies of invoices (showing required items have been purchased). If items were to be repaired, replaced or installed then a photograph of each item would be suitable to send. |
| The inspections and reports are high quality and have been accepted each time by major international insurers. |
