Renters insurance Needed?

[Joe Windsor]

My wife and I are new Duplex owners and put in our contract that they need to have renters insurance (just because that’s what we’ve had when we rented). We had pushback from it because “they’ve never had renters insurance before”. Is it a big liability for our tenants not having insurance our is it a minute problem that we can overlook?

Thanks for any insight given here!