Accidents and reportingQuestion 307 of 352

At what total damage amount must an operator report an accident?

  1. $2,000 or more
  2. $500 or more
  3. $1,000 or more
  4. $5,000 or more
Show answer

Correct answer: $2,000 or more

A report is needed if damage to boats and property totals $2,000 or more, or a boat is a complete loss.

Source: US Code of Federal Regulations (eCFR), 33 CFR Part 173: Vessel Numbering and Casualty and Accident Reporting, § 173.55 Report of casualty or accident

All questionsPractice the topic "Accidents and reporting"

Questions last reviewed: 18 October 2026