What minimum amount of business general liability insurance must an Active Roofing Contractor performing only residential work provide in Oklahoma?

An Active Roofing Contractor in Oklahoma performing residential work is required to carry a minimum amount of business general liability insurance of $500,000. This requirement is designed to protect both the contractor and the homeowners, ensuring that there are adequate funds available to cover any potential damages or liabilities that may arise during the roofing work. The $500,000 amount is a safeguard that reflects the potential risks and liabilities inherent in roofing projects, acknowledging that incidents can occur, and they need to be financially manageable. Providing sufficient insurance helps maintain professionalism and protects the interests of all parties involved in a residential roofing project.