When home improvement projects require tools or equipment that even avid DIYers don't have in their well-stocked garages, basements, or sheds, renting the items you need might be the best option ...

Tools and equipment insurance costs an average of $14 per month, according to Insureon. Your insurance costs will depend on cost factors such as: The value of your tools and equipment.

If your tools and equipment are lost, stolen or damaged, this covers the cost to repair and replace them. For example, if someone swipes an expensive power saw from the job site.

In addition to Lowe's, you can also rent tools and equipment from popular home improvement stores like Home Depot and Ace Hardware. Sunbelt Rentals, a national chain with more than 1,200 locations ...

The most important equipment maintenance tools aren't compressors, wrenches, screwdrivers, flow meters, torque and impact wrenches, and all the other gadgets and devices that overflow a shop's tool ...

Carpentry tools and equipment aren't usually all that fragile. They're built with durability in mind, so they can last a really long time if they're properly cared for and maintained.