@idemnifyme - I can't tell if you are against exculpatory clauses or not. Either way, your suggestion about renters insurance is a good one.
I for one think exculpatory clauses are fine. Especially because they have to be reasonable. As the article said, a court won't uphold an unreasonable exculpatory clause. So people that are truly wronged will still have the option to seek legal remedies.