Required Licenses

General Contractor License: Must pass a state-issued exam and provide proof of experience in construction and restoration.
Water Restoration License: Completion of a state-approved training program focusing on water damage restoration techniques and standards.
Mold Remediation License: Certification from a recognized organization in mold inspection and remediation practices, along with a mandatory continuing education component.

Insurance Requirements

General Liability Insurance: Minimum coverage of $1 million per occurrence, covering property damage and bodily injury.
Workers' Compensation Insurance: Required for all employees; must meet state-mandated minimum coverage levels.
Professional Liability Insurance: Coverage for errors and omissions, with a minimum of $500, 000 in coverage to protect against claims of negligence.

Training Certifications

IICRC Certification: Completion of the Institute of Inspection, Cleaning and Restoration Certification courses in water damage restoration and mold remediation.
EPA Lead-Safe Certification: Required for working on homes built before 1978 to ensure safe removal and handling of lead-based materials.
OSHA Safety Certification: Training in workplace safety standards, including hazard communication and personal protective equipment usage.

Local Business Permits

Business License: Must obtain a general business license from the local municipality to legally operate a property restoration business.
Hazardous Materials Permit: Required if handling or disposing of hazardous materials during the restoration process; must comply with local environmental regulations.
Sign Permit: Necessary for displaying any signage related to the property restoration business; approval from local zoning authorities is needed.

Ensure that you check specific local regulations and requirements as they may vary. This guide is a general reference and should be tailored to fit the needs of your specific location.