CharterXO

Marine Survey

A professional inspection of a vessel's hull, systems, and equipment performed by a qualified marine surveyor.

A marine survey is a professional, third-party inspection of a vessel used to evaluate its condition, market value, and seaworthiness. Surveys are performed by qualified marine surveyors — typically accredited by SAMS (Society of Accredited Marine Surveyors) or NAMS (National Association of Marine Surveyors).

The three common survey types are: - Condition & Value — full inspection plus a written valuation. Required by most lenders and insurers. - Pre-Purchase — the most thorough; includes a haul-out, sea trial, and a written list of deficiencies. - Insurance Renewal — typically required every 5-10 years to keep a commercial policy in force.

For a charter vessel, a recent condition survey is effectively a prerequisite for getting — or renewing — a commercial insurance policy.

Examples

  • A buyer hires a SAMS-accredited surveyor to perform a pre-purchase survey on a 50-foot yacht before closing.
  • An insurer requires a fresh condition survey every five years for a charter vessel over 20 years old.

Related Terms

Sea Trial—A real-world operational test of a vessel under way, used to verify performance, handling, and system operation.Charter Insurance—Commercial marine insurance covering a charter vessel, its passengers, crew, and third-party liabilities during paid trips.Hull Insurance—Marine insurance covering physical damage to or total loss of the vessel itself.

Ready to book a charter?

CharterXO connects you directly with verified boat owners and licensed captains in Miami and South Florida.

Browse yachts