Renter's Insurance - Effect on Me

[Matthew Olszak]

I read another thread stating that the landlord really can't be listed as additional insured on a renter's insurance policy for because they have no real loss to claim (in more insurance-esq terms).

Do I then have any incentive to obligate my tenants to purchasing a renter's insurance policy? Will it cover me or my property in any way as to prevent a loss claim against me or my insurance company?

My thought was to allow a discount of $x/month as long as the tenant has insurance, with rent minus x being the true rent I want. But if there is no benefit to me, I'll just advertise at rent minus x w/o the insurance rule.

In case it matters, this is an owner-occupied building.