When you want to insure a boat on the River Shannon, Ireland or have to renew an existing policy, your insurance company will need an Insurance Survey in order to determine its insurability for the intended use. This type of survey is often referred to as a Condition and Valuation Survey. The scope of an Insurance Survey approaches a Pre-Purchase Survey, but its focus is on structural integrity and safety and it is less detailed. An assessment of the boat's Fair Market Value is part of this type of survey.
