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Depending on the size and type of the vessel you're considering, a marine survey is a worthwhile investment that ensures you get what you pay for. A reputable marine surveyor will inspect the vessel from top to bottom, and while it's a tedious process the outcome is worth it.
A marine survey is a detailed inspection of your boat's exterior and interior mechanical components. As the surveyor inspects the boat, they'll note any potential issues and present you with documentation that lists the current condition and seaworthiness of the vessel, as well as a value estimate.
If you're considering the differences between buying new or used boats, boat surveys are a topic that's sure to come up. You don't often need to have a survey done when buying a new boat, however, if a used boat is under consideration a survey is generally considered a must.
Their job essentially is to ensure that the vessel is fit for purpose and is in a suitable and sea, or river worthy condition. Experienced small craft marine surveyors should be able to survey not only the hulls of such vessels but also their rig, machinery, electrical, gas and hotel systems.
The surveyors will inspect the hull to check for soundness and water intrusion, running gear, electronics, electrical system, plumbing, heat and air conditioning and all other items of the boat. They will do a cursory review of the engine and mechanical systems.

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A marine survey is helpful in determining what repairs or upgrades may be necessary to get a boat into safe operating condition. Boat surveys help determine the actual value of a boat, since they can expose items in need of repair or replacement.
1. If buying a boat, don't rely on an old survey that may not give a current representation of the boat. Insurance underwriters will normally not accept a survey older than six months. 2.
Normally you need a new survey once your last one is 5 years old. If you've done any major work to your boat we always recommend you get an updated survey that reflects the new condition and value, even if it's been less than five years since your last survey.
If it's to purchase a boat or to fulfill an insurance requirement, you need a Full Condition and Value (C&V) survey.
My basic definition of a marine survey is an inspection of a vessel to determine its overall condition that day of the inspection. The marine survey should be comprehensive, thorough, and cover all systems in the boat as well as structure, cosmetic condition, include findings and recommendations, and valuation.