Why require renters insurance?

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Why do you need to require renters insurance on every single rental property? I have three quick horror stories to illustrate how innocently and quickly this risk will creep up on you. It isn't only about protecting tenant belongings, it also protects you! You need to require, verify and enforce your renters insurance clause of your lease.
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Great info. Can you further clarify how you get notified if a tenant stops paying for rental insurance? Do you ask them to name you in the insurance as beneficiary? Do you contact their insurance when the tenant gives you proof if their insurance?

Hulk-mcbp