The next major tip is that you must “properly” collect certificates of insurance from your subs in order to get credit for them and to not be charged upon your audit. If you collect a certificate of insurance that has a problem, your auditor can refuse to give you credit for it and can charge for the use of an uninsured sub. Furthermore, you may find it impossible to get reimbursed by your sub after the fact. This can be very expensive.
See the “Collecting Certificates Of Insurance From Insured Subs” main article section for more details about the problems to avoid.