Services – Buchanan Marine Appraisal Services Ltd.
This survey provides Claims Adjusters with the information required to settle damage claims on pleasure craft.
Negotiation of a Cost of Repair Agreement with the repairer.
Reports and photos sent to the client in a single, secure PDF document. Hard copies are only sent on request.
We provide phone, fax and e-mail order processing for the Claims Adjuster and promise quick closing times on the files. Different levels of service are available. Please contact our office for further information on our Damage Survey services.
David Buchanan is an appointed Transport Canada Tonnage Surveyor, qualified to carry out Measuring Surveys on vessels up to 24 meters, required for Federal Registry of vessels.
The Survey is carried out in accordance TP 13420, Standard for the Tonnage Measurement of Ships.
The vessel is inspected to the extent required to obtain a general impression of its condition for the purpose of determining its market value.
A survey of the current market is conducted for comparable listings and recent sales, with issues such as current market conditions, seasonal trends within the industry, and dollar recovery estimates on repossessions, addressed.
This type of report is generally required for estate valuations, divorce proceedings and charitable donations.
Our pre-purchase C & V survey is a thorough inspection of the vessel as allowed by normal access, carried out through non-destructive and non-evasive means, exploring and detailing the overall structural condition of the hull and deck assemblies. The vessel's systems are also subjected to visual inspection for adherence to ABYC voluntary standards, as well as Transport Canada TP1332 Construction Standards for Small Vessels.
It is strongly recommended that the vessel be hauled from the water for a pre-purchase survey to allow inspection of the bottom. The bottom is subjected to a thorough hammer "sounding" of the surfaces to check for structural defects, as well as a visual inspection for the presence of fracturing, prior damage/repairs and osmotic blistering, with moisture readings taken as allowed by prevailing conditions. The drive(s) / running gear are also visually inspected as part of the bottom inspection.
This type of survey is essential to assist a prospective purchaser in making an informed purchase decision. It's strongly recommended that anyone listing their boat for sale have a pre-sale survey carried out.
The inspection is the same as the pre-purchase survey, and will alert the seller to any deficiencies, minor or major, that may exist within the boat prior to the sale. The owner can then decide to address any deficiencies prior to the purchaser's surveyor arriving, or adjust the price and sell it as is.
Too often a survey is carried out just days prior to the anticipated closing, turning up previously unknown deficiencies that can derail the sale and create added work for the seller. Knowing the condition of the vessel in advance can prevent un-needed stress for all involved and will assist in the sale of the vessel.
Insurance Companies require a C & V survey once a boat is 10 to 15 years old, and every 3 to 5 years thereafter, depending upon the policy of the specific company.
This survey is used by Underwriters to assess the vessel's risk prior to providing coverage. The inspection is similar to the Pre-Purchase inspection, with particular emphasis put on the structural condition of the vessel, as well as on safety items.
The inspection can often be carried out while the vessel is afloat, with a bottom inspection arranged during regular haul-out times if required by your insurance company.
Have a question about one of our services? Feel free to use the contact form below to send us a message and we will be happy to answer any and all questions and concerns.