According to USCG regulations, the following accidents must be reported in a formal, written report within 24 hours to USCG:
(1) Whenever damage over $2000 was made,
(2) Severe injury or loss of life occurred, or
(3) Disappearance of any person from a vessel.
The reserving member acknowledges these regulations and agrees to submit a liability wavier for every passenger & crew member by submitting this reservation below.