I think it's prudent that we should educate on the insurance side of a lost bird, it's cheaper, and you don't spend money on a unreliable aircraft, have no deductible and you don't have to offer a reward, pay for expensive repairs, which most lost birds if, IF even found need.
Of course I'm only advocating legal use of insurance, no ploys or illegal crap, you will go to jail if your not truthful and honest, (not you Meta4 lol just talking to members here) insurance fraud is no joke, beyond that, no extra weight or batteries or things to worry about losing, lol that's a good one, losing a tracker! Lol, ok maybe not losing, of course if you make the swim team, your outta a bird and a $130 tracker! Insurance, again, trumps the trackers, oh, and stolen, or run over? Most thieves would be smart enough to turn a tracker off or throw it, again, insurance....just saying, It's what you want to do, if you want a tracker, then get a tracker, if you want piece of mind, get insurance.
A final plus is with State Farm at least, doesn't matter if you have a P3/4 or inspire, it's $60 a year up to $3000 in coverage, as the $50+taxes and fees is the lowest they offer, in reality it's $22 like $1.50 for every $100 insurance.