Participants in a traffic accident are obliged to immediately report to the police:

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An accident involving death or injury to a person, or material damage exceeding 200,000 CZK on any of the involved vehicles including transported items.

Every accident regardless of the amount of material damage.
An accident involving death or injury to a person; they are not obliged to report an accident involving only material damage regardless of its amount.

Legal Basis: You can find this in § 47, paragraph 3 of Act No.

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Legal basis: Zákon č. 361/2000 Sb., § 47 odst. 4

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