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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
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"cavelamb himself" wrote in message
...


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


PO should be able to tell you who did the work, and you could verify with
the rigger what was done.


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First recorded activity by BoatBanter: Oct 2006
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Default Survey question

KLC Lewis wrote:

"cavelamb himself" wrote in message
...

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



PO should be able to tell you who did the work, and you could verify with
the rigger what was done.




The operative word here is _should_.

Problem is, the PO has Passed Away...


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First recorded activity by BoatBanter: Jul 2006
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Default Survey question


"cavelamb himself" wrote in message
...
KLC Lewis wrote:


PO should be able to tell you who did the work, and you could verify with
the rigger what was done.



The operative word here is _should_.

Problem is, the PO has Passed Away...



Oh, sorry. Have you contacted the undertaker?


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First recorded activity by BoatBanter: Oct 2006
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Default Survey question

KLC Lewis wrote:

"cavelamb himself" wrote in message
...

KLC Lewis wrote:


PO should be able to tell you who did the work, and you could verify with
the rigger what was done.



The operative word here is _should_.

Problem is, the PO has Passed Away...




Oh, sorry. Have you contacted the undertaker?


Nope. Before my time ")


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On 2007-08-14 19:03:07 -0400, cavelamb himself said:

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


Ours was MV of $15k, replacement $80k. Variance would be higher these
days as market value is in the $5k range now and new "replacement"
boats more expensive. At best, it makes us feel good that we didn't
waste that much money (no matter how much we spend to refit.(almost) )

--
Jere Lull
Tanzer 28 #4 out of Tolchester, MD
Xan's new pages: http://web.mac.com/jerelull/iWeb/Xan/
Our BVI pages: http://homepage.mac.com/jerelull/BVI/

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