Fair point. But does insurance get you home if RYR cancel your flight? Or does it just pay for your hotel bills if you decide to wait until the next available RYR flight?
If you then walked over to another airline's ticket desk and purchased a ticket on the same or a similar route, would your insurance definitely cover that? Or only cover the cost of the cancelled RYR flight? Don't know the answer, as it's never been an issue for me. (touch wood)