Surveys are a necessary part of a boat purchase for financing, insurance and piece of mind.  Surveyors do a stem to stern inspection of all systems and give recommendations on issues that need to be looked at or repaired.  There are three main or most used reasons to have a survey:

1. Pre-purchase (You are going to purchase a boat and want to make sure it is in tip top shape)

2. Bank Loan (You are financing a boat purchase through your bank and they will require a survey)

3. Insurance (You are financing your purchase so you must have insurance.  All insurance companies require a survey)