In June of 2010, former Governor Henry signed a new law effecting Oklahoma Roofing Businesses. The law is called “The Roofing Contractor Registration Act” (RCRA). And what this law now requires is for ALL resident & nonresident roofing businesses to register with the state of Oklahoma by June 30, 2011, and in addition the business must carry a liability policy no less than $500,000, show proof of workers’ compensation policy or an exception from coverage, and any other criteria needed by RCRA. If these regulations are not met, the contractor would be charged with a misdemeanor and fined up to $500.
So what does all this mean? If you are a roofer and you plan on doing business in Oklahoma (whether you live in this state or not), you must register your business with the State of Oklahoma Construction Industries Board. If you don’t register, you can’t do business in Oklahoma. Well you can, but if you get caught, you’ll get slapped with some pretty hefty fines. And then your job was just been a waste and you’ve earned nothing for your work!
The second part to the new law is business insurance related. You now have to carry a General Liability policy of no less than $500,000. And if you have employees working for you, you have to show proof of workers’ compensation insurance or if you don’t have any employees, then you would provide proof of exemption from this coverage. So now you have to have liability insurance and workers’ comp insurance policies.
Both of these are relatively easy policies to obtain. Just be sure to have an agent who really knows the industry and specializes in the roofing industry. It can make your insurance experience go a lot smoother. If you’re looking for an experienced agent, contact Nicole Lewis with RCI Insurance. She’ll get you the appropriate insurance without the hassle!