| Check your insurance contract & discuss with your agent.
I recommend that your renter's contract include a "Hold Harmless" clause that deflects liability away from you to the renters for their acts, unless you are negligent or personally responsible for the actions on your rental property that result in a law suit directed at you.
Also, I recommend a rental agreement that requires renters to purchase and keep renter's insurance in force during the term of their contract. This insurance should list you as an "Additional Insured" and your contract should require proof that you are an Additional Insured by having the agent or insurer issue to you a Certificate of Insurance that notes this. This will ensure that if you are brought into a law suit because of actions of your renters that their insurer will step in and defend you and them, at the insurer's expense.
These 2 measures should cover you, but the law and juries are crazy sometimes. Best to make preventive measures. | 
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