The Pre-purchase Survey
The pre-purchase
marine survey is the most comprehensive
type of survey / inspection and is strongly
recommended when purchasing a new or used
boat. The survey will identify structural
or safety defects, malfunctioning equipment,
fire hazards, CO hazards, AC or DC wiring
problems, plumbing problems and information
to repair or upgrade.
The information in your
pre-purchase will also include the fair
market value of the vessel. The pre-purchase
survey will provide the buyer with necessary
information to make a well-informed decision
and provide a bargaining tool when dealing
with the seller or broker. The pre-purchase
survey will also provide the information
needed for your lender and insurance underwriter.
The format of your report will include table of content, general information, standards, finding and recommendations, picture and a summary. Your pre-purchase report is in no way intended to influence the sale or purchase of the vessel. It's intent is to report the condition and fair market value at the time the survey was conducted.
Oil analysis
The oil sample analysis
will provide information about the condition
of the vessels main propulsion engine,
transmission and generator engine. Also,
the quality of the oil and its contaminants
will provide information about the wear
pattern and alert us of possible impending
failure. This information is especially
important and useful when purchasing a
used boat.
At Lighthouse Marine Surveying
and Consulting we recommend annual oil
analysis on all boat engines and transmissions
as a part of your regular maintenance
program. The results of the oil analysis
will report the contaminants in part-per-million.
Below is a list of what the results can
show:
-
Aluminum shows wear on pistons, bearings, housings, bushings, etc
- Chromium shows wear on compression rings, liners, bearings
- Copper show wear on bearings, bushings, thrust washers, oil coolers, clutches
- Iron shows wear on crankshaft, valves, cylinders, gears, liners, bearings
- Tin shows wear on pistons, bearings, and bushings
- Silicon shows the presence of contamination by dirt or gasket material
- Potassium shows a coolant problem
- Sodium shows a coolant problem. Water shows a coolant problem or could be condensation
- Glycol shows a coolant problem
- Fuel dilution shows injector problems or internal diesel leakage
- Soot indicates incorrect air mixture
Insurance / Condition &
Value Survey
This type of marine survey
will establish the general condition of
the vessel for an insurance company to
determine if the vessel is an acceptable
risk. Also it will facilitate the amount
of coverage so the insured will have sufficient
coverage in the event of a damage claim
or total loss of the vessel.
The insurance / condition
and value survey focuses on the vessels
safety for its intended use. Insurance
companies want to know that the vessel
is safe operation. The vessels equipment
and systems will be evaluates against
standards and recommendations of NFPA,
USCG and ABYC. The survey report will
list recommendations and fair market value
as well as replacement value.
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