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First recorded activity by BoatBanter: Jul 2006
Posts: 1,579
Default Survey question


"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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