Renters Insurance Question

[Chris Lawrence]

Good Morning!

I require my tenants to get renters insurance when signing the initial lease and moving in. I have a tenant that is still living in my rental property, but I just received a notification in the mail that my tenant has yet to renew the renters insurance for another year. This is a good tenant that pays on time. Wondering if I should enforce this policy and say that you need to renew the renters policy or sign off on a waive stating that they are opting out of renters insurance. Any advice would be greatly appreciated!

Thanks,

Chris