Ask Lightwire how much he is glad he had insurance on the Etec! Yes, insurance is very important unless you have plenty of $$ to fix whatever whenever. I didn't get mine thru the same company, but they did offer it. Mine is thru Progressive. Very good coverage with very good price tag. Can pay in one annual installment instead of another monthly bill which saves $$ too. Mine is about $250 per year. You can shop them on line to compare them to any others you check with to see what is best for you.