diff --git a/charts/flagger/README.md b/charts/flagger/README.md
index 1528121b3..ba74e4837 100644
--- a/charts/flagger/README.md
+++ b/charts/flagger/README.md
@@ -157,6 +157,7 @@ The following tables lists the configurable parameters of the Flagger chart and
 | `podMonitor.namespace`               | Namespace where the PodMonitor is created                                                                                                          | the same namespace                    |
 | `podMonitor.interval`                | Interval at which metrics should be scraped                                                                                                        | `15s`                                 |
 | `podMonitor.podMonitor`              | Additional labels to add to the PodMonitor                                                                                                         | `{}`                                  |
+| `podMonitor.honorLabels`             | If `true`, label conflicts are resolved by keeping label values from the scraped data and ignoring the conflicting server-side labels              | `false`                               |
 | `leaderElection.enabled`             | If `true`, Flagger will run in HA mode                                                                                                             | `false`                               |
 | `leaderElection.replicaCount`        | Number of replicas                                                                                                                                 | `1`                                   |
 | `serviceAccount.create`              | If `true`, Flagger will create service account                                                                                                     | `true`                                |