That's the whole point though: if Love wasn't the "insurance policy," someone else would be. It seems like you're making it out to be "Insured vs Uninsured" when in reality it'd be more like "Insured by State Farm vs Insured by Allstate".I suppose.
As long as your house remains unaffected you don’t need homeowners insurance. As long as your health remains intact you don’t need any form of health insurance. The list goes on. That just doesn’t sound like a wise strategy and we don’t have to get very far around the league to see how risky that is. It’s not even Week 2 and we’ve seen QB get hurt.
That said I don’t recommend dropping your homeowners and healthcare because you haven’t had a recent total loss or medical emergency.
Unless the argument is that Love would be a better form of "insurance" than whichever non-Love backup QB we would employ, I don't really think this holds up... And I don't know that we have really seen enough out of Love one way or another to suggest that he would be a considerably better option than the average NFL backup QB.