@Michele1265
Michele, this is an old thread and Colleen might have majored in business economics, had a little baby boy, bought a yacht and sailed off into the sunset since she did that post!
If I can just wade in, don't place too much faith in damage waivers, many of them do not stand up in a court of law. It can be argued that the piece of equipment was not maintained in a fit state of use for its designed purpose!
I deliberately do not allow guests to use any piece of my equipment beyond the boundaries of the property. By that I mean pushbikes, walking our dog, use of my wife Ade's mobility gophers.
Within the property they are covered by my public liability insurance policy, beyond they are not.
Unless you have an accredited rental company and a equipment rental licence, a damage waiver will not protect you from a smart lawyer!
Keep the equipment locked away.....it's just not worth the risk!
Cheers......Rob