Insurance Marine Survey

Yacht and Boat Insurance Survey

An Insurance Marine Survey—also called a Condition & Value Survey—is a professional inspection required by most insurance carriers before they will issue, renew, or bind coverage on a boat or yacht. Hamilton & Hamilton Marine Surveyors provides thorough, unbiased surveys that document your vessel’s condition, safety, and fair market value so you receive the proper insurance protection you need.

Serving Fort Pierce, Jensen Beach, Stuart, Palm City, Hobe Sound, Jupiter, and the entire Treasure Coast.

What Is an Insurance Marine Survey?

This survey is one of the most important steps in protecting the investment you have in your boat or yacht and is a general overview to catch anything that might cause a fire, sink the vessel, or cause an injury to the occupants on board.

An insurance survey focuses on the overall condition, structural integrity, safety systems, and onboard equipment of your vessel.

Your insurance carrier uses this survey to determine:

• Whether your vessel is safe and seaworthy
• The vessel’s current market value
• If any issues pose a risk for loss or liability

What Our Insurance Surveys Include

Hamilton & Hamilton Marine Surveyors follows industry-recognized standards (ABYC, NFPA, USCG) to deliver a complete and accurate report. Every insurance marine survey includes:

✓ Structural & Mechanical Inspection

• Hull, deck, transom, and stringers
• Bulkheads, floors, and supporting structures
• Visible engines, mounts, hoses, exhaust systems
• Propellers, shafts, struts, rudders
• Steering and control systems

✓ Electrical & Safety Systems

• Batteries, wiring, bonding, and grounding
• Navigation and interior lighting
• Bilge systems and pumps
• Fire extinguishers and safety equipment
• CO/smoke detectors (when applicable)

✓ Onboard Systems Check

• Fuel system components
• Plumbing and freshwater systems
• Sanitation systems
• Tanks, hoses, valves, and vents

✓ External & Cosmetic Review

• General cosmetic condition
• Hull and topside appearance
• Condition of gelcoat or paint

✓ Appraised Fair Market Value & Replacement Value

You receive a clear, insurance-ready valuation in a format accepted by all major carriers.

Why Insurance Companies Require a Marine Survey

Most insurance providers require a Condition & Value Survey to:

• Confirm your vessel is safe and seaworthy
• Reduce risk before insuring the vessel
• Determine appropriate coverage limits
• Identify any hazards that should be repaired
• Establish market value for underwriting

A proper survey ensures you get the right amount of coverage at a fair premium—without surprises or denied claims later.

Our Survey Process – What You Can Expect

1. Pre-Survey Phone Call
We gather details about your vessel, insurance carrier, and any concerns you may have.

2. On-Site Vessel Inspection
Conducted at the marina, dock, or storage location.
(Haul-out not required unless your insurer requests it.)

3. Documentation & Photographs/Video
We record all findings and capture detailed photos/video for your insurance provider.

4. Condition Analysis
Each system and structure is reviewed for safety, function, and compliance.

5. Fair Market Value Assessment
A professional valuation based on the vessel’s age, condition, and comparable market data.

6. Insurance-Ready Report Delivered
You receive a digital PDF accepted by all major carriers and underwriters.

Service Areas

We proudly provide insurance marine surveys in:

Sebastian | Fort Pierce | Jensen Beach | Stuart | Palm City |  Hutchinson Island |  Hobe Sound | Tequesta | Jupiter | Palm Beach | Boca Raton | Fort Lauderdale | Miami

…and surrounding Treasure Coast communities.