One thing about that would concern me a bit (or, at least, make me wonder how 'consistent' you are!). If you feel the need to impose 'requirements/obligations' on your tenants in relation to possible events as extremely rare as the anecdote you mention, I wonder how long is the list of other requirements/obligations (some of which might be pretty impractical/inconvenient) you also impose, in relation to countless other similarly extremely rare possible events?Sorry but my opinion is very different to yours and it's included in all of my rental agreements. ... This particular example was very lucky: https://www.diynot.com/diy/threads/shower-isolator.595585/ that the water went down the drain and the bill was under £2K
In terms of the anecdote, I imagine that there are some swings and roundabouts. Shower isolator switches (or the connections to them) seem fairly notorious for overheating - so the mere presence of an isolator represents some (albeit very small) fire hazard, and I imagine that that risk probably increases if the isolator is operated every day, rather than once in a blue moon for maintenance.
Again, as for that specific, and 'in passing', I have water-flow sensors in my house, which result in an alarm if there is a continuous flow of water into the house for more than a set period (about 18 mins if I recall - short enough to sometimes be triggered by the youngsters' showers . Admittedly that is only of major use when the house is occupied (although the alarm is probably loud enough for the neighbours to hear) - but I suppose that, in this day and age (of the 'new-fangled'!) , I could arrange for the alarm to send a message to my mobile phone (or even my landlord's phone if it were rented property!)
Kind Regards, John