If you have the unfortunate experience of crashing your drone, you MAY have to report it to the FAA. If you crash your drone and the only damage is to your drone or associated equipment, you don’t need to report anything. However, you DO need to report the accident in the following instances:
Advisory Circular 107 gave this example:
A small UA damages a property whose fair market value is $200, and it would cost $600 to repair the damage. Because the fair market value is below $500, this accident is not required to be reported. Similarly, if the aircraft causes $200 worth of damage to property whose fair market value is $600, that accident is also not required to be reported because the repair cost is below $500.
Any reportable accident (as defined in the previous section) is required to be reported to the FAA within 10 calendar days of the accident. Reports can be made to FAA Regional Operations Centers or local Flight Standards District Offices.
The report must include the following information: