[BenMcr]

Yes you would, as this is in the terms:

You are responsible for making sure that our equipment is safe and used properly at all times. To do this, you agree to do the following:
a. Follow the manufacturer's instructions and any other instructions we have given you;
b. Keep the equipment under your control (for example, you may not sell it, lend it or hire it out to anyone else, put it up as security for a loan or mortgage, or allow it to be seized under any legal process against you). You must not move our equipment from your home without our permission;
c. Insure any of our equipment against any loss, theft or damage for the full replacement value;