Thread: Survey question
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cavelamb himself cavelamb himself is offline
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First recorded activity by BoatBanter: Oct 2006
Posts: 126
Default Survey question



If you intent it to find out what is wrong with a boat that you want to
purchase a proper survey is the way to go.
However, this is not a guaranty that nothing is wrong with the boat. A
surveyor is only responsible for what he or she can find with the naked eyes
and today's technology. This is good enough for the insurance companies.
More so when the surveyor tells you that the replacement or market value is
evaluated at so much that what the insurance want you to cover your boat for
the evaluated amount.



Copy that/\.

This one says...

Market value $49K

Replacement Value $150K

By the way, for those playing along at home...

The rigging was replaced in 2004 - by the previous owners -
so say the current owners.

But thee doesn't seem to be amy documentation to that effect - yet.

Thank you guys (and gals!) for the information.

I think this in is worth looking at...

Richard