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Hey Guys, I am trying to get everything set up for the boat that I just purchased and I was notified that because my boat is 20 years old I am required to obtain a marine survey in order to get insurance. Is this for friggin real? If so, where can one be conducted and how does the process work. Also I am open to any info as it relates to this being a requirement for all insurance companies or is it only partial to some? This insurance crap is getting ridiculous with this boat considering its not even a legal requirement. I am basically forced to insure the boat for far more than its cash value anyways....Im reading this marine survey might cost me close to $500?!
