Assembler Resources

We are committed to maintaining a safe and supportive environment for all participants. To ensure compliance and mutual protection, we have implemented an important policy update regarding insurance requirements for 2024.

Key Updates:

• New Requirement: Effective 2024, assemblers must maintain their own insurance with a minimum coverage of $1 million per occurrence and $2 million total aggregate liability.

• Cost Expectations: The estimated annual cost for this coverage is typically under $1,000, with many policies costing less than $500 for non-California contractors.

• Additional Details: Policies must include a waiver of subrogation naming Hot Shot Ventures dba Jacked up Fitness and adhere to state-specific workers' compensation laws (e.g., for California 1099 contractors).

• Due Date: Compliance deadline is February 29, 2024.

Please note that this update aligns with industry standards and is a proactive measure for our collective safety and success.

Should you have any questions or require assistance, please feel free to contact us. We appreciate your understanding and cooperation.

Thank you for being a part of our community.