How much does it cost to get a boat appraised?

Getting a boat appraised is a fixed fee quoted after we scope the assignment, based on the vessel's size, type, and intended use of the report, not on its market value or condition.

Because every vessel and every purpose is different, Louisiana Boat Appraisers does not publish a flat rate card. A 20-foot bay boat needed for an insurance schedule involves a different scope of work than a 45-foot motor yacht being appraised for estate settlement or divorce proceedings, so the fee reflects that difference in complexity, not the dollar value of the boat itself. We confirm the fixed fee with you before any work begins, so there are no surprises once the boat appraisal is underway.

What affects the fee

A few factors typically drive the cost of a marine vessel appraisal:

• Vessel size and type: larger yachts and commercial vessels generally require more inspection time than a small powerboat or pontoon.
• Intended use of the report: insurance coverage, estate and probate settlement, divorce proceedings, and financing each carry different documentation requirements.
• Scope of inspection: an on-site inspection of the hull, systems, and equipment at the marina or storage location adds to the assignment compared to a documentation-only review.

Every engagement is quoted as a fixed fee up front, never billed hourly, so you know the cost before we begin. If you have a deadline, such as a closing date or claim filing, let us know when you request an appraisal and we will confirm whether we can meet it. For more on what goes into the number itself, see how boat value is determined.