I have never rented equipement or rented out any of my equipement, but over the last 12-18 months I have gotten several inquires about me renting out my cameras, GL2 and XL1 with mics and tripods.
I've been saying no, but the more requests that came in, the more I realized that I am turning down income. I did some looking around and it looks like to me most rental houses focus on the major broadcast formats and not on DV and HDV.
What sort of insurance, contracts, deposite situations, etc. would I need to be able to rent out any equipment without me losing sleep if the cameras were to get damaged?
This is a new area for me so any experience or ideas would be greatly appreciated.