In addition to pre-purchase, condition and appraisal surveys, California Marine Surveyors also conducts damage investigation reports, equipment failure investigations, appraisal reports for IRS-8283 form and expert witness testimony.
This is the most comprehensive type of inspection and is strongly advised when purchasing a new or used vessel. Condition and overall operation of the vessel will be examined. This covers structural integrity, propulsion systems, electrical systems, fuel systems, navigation/electronic equipment, cosmetic appearance and overall maintenance to include and out-of-water inspection and a sea trial. Fair market value is also determined.
This inspection is performed so the insurance company can determine if the vessel is an acceptable risk. Insurance company's are interested in structural integrity and safety of the vessel for its intended use. Most insurance companies require a survey on older boats, and will require a fair market value.
This inspection is performed to gather enough information to justify or determine the fair market value of the vessel. This value is normally needed for financing, estate settlements, donations and legal cases.
The surveyor may be retained by an insurance company to determine the cause of a loss and determine the extent of loss related damage, review recommend repairs, review estimates and determine the pre-loss value of a vessel. A vessel's owner can retain a surveyor for the same purpose, but on the owner's behalf.