When is a boating accident that only results in property damage required to be reported?

A boating accident that results only in property damage must be reported if the damage exceeds a certain monetary threshold, which varies by state. Typically, this threshold is around $2,000, but it can differ based on local regulations. Additionally, if the accident involves damage to a vessel or other property that is part of a navigable waterway, it may also need to be reported to the appropriate authorities, such as the Coast Guard or local law enforcement, depending on jurisdictional requirements. Always check local laws for specific reporting obligations.