I'm still not sure if I truly need a hardware wallet, as I haven't had any issues with Electrum...
It is worthwhile investing in one, especially if you posses or plan to purchase a significant amount of coins.
Electrum is a safe software wallet, sure, but it will never be as safe as having your private information on a paper wallet stored away safely or on a hardware wallet where the private keys never leave the safe environment of the device in the first place.