Texas Mold Remediation Contractor State Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Study for the Texas Mold Remediation Contractor State Exam. Prepare with our comprehensive quiz featuring multiple-choice questions, essential study materials, and exam tips. Enhance your knowledge and get ready to ace your exam!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Which requirement must applicants for a business license under TMARR fulfill?

Minimum of $500,000 of CGL insurance
$1 million of CGL insurance through a Texas Insurance Company
A bond of $50,000
Proof of business registration

The correct answer is: $1 million of CGL insurance through a Texas Insurance Company

To obtain a business license under the Texas Mold Assessment and Remediation Rules (TMARR), applicants are required to demonstrate financial responsibility to ensure they can cover potential liabilities that may arise during their operations. One of the critical requirements for this is the need to maintain a minimum of $1 million in Commercial General Liability (CGL) insurance. This insurance must be obtained from a Texas Insurance Company, ensuring that the provider is well-versed in the state regulations and obligations specific to Texas. This requirement protects both the business and its clients by ensuring that the proper coverage is in place in case of any incidents or claims related to mold remediation services. Meeting this insurance requirement is a vital aspect of the licensing process, reflecting the importance of accountability and consumer protection in the mold remediation industry.