Waiver of Subgrogation

[Blake Chapman]

Hello everyone,

My new insurance agent just informed me that I should include a waiver of subgrogation into my lease agreements. 

He told me it prevents my tenants from being able to sue me or my insurance company for certain things that I state in the waiver. 

After a little online reading it seems that it only protects someone from my insurance suing them. 

Can someone here clear this up for me and tell me if it is worth amending my lease agreements to include?