OAR 812-003-0221: Insurance Amounts

For all new and renewal license applications, insurance amounts as required under ORS 701.073, 701.081, and 701.084, must be in one of the following amounts: (1) Residential General Contractor — $500,000 per occurrence. (2) Residential Specialty Contractor — $300,000 per occurrence. (3) Residential Limited Contractor — $100,000 per occurrence. (4) Residential Developer — $500,000 per occurrence. (5) Residential Locksmith Services Contractor — $100,000 per occurrence. (6) Home Inspector Services Contractor — $100,000 per occurrence. (7) Home Services Contractor — $100, 000 per occurrence. (8) Home Energy Performance Score Contractor — $100,000 per occurrence. (9) Residential Restoration Contractor — $100,000 per occurrence. (10) Commercial General Contractor Level 1 — $2,000,000 aggregate. (11) Commercial Specialty Contractor Level 1 — $1,000,000 aggregate. (12) Commercial General Contractor Level 2 — $1,000,000 aggregate. (13) Commercial Specialty Contractor Level 2 — $500,000 per occurrence. (14) Commercial Developer— $500,000 per occurrence. (15) Construction Flagging Contractor — $500,000 per occurrence.