All4scuba, yep you nailed it on the head. Yes, you can plan until the cow comes home BUT accidents are accidents. That is why they called it accidents, they don't called it planned failure.
In the perfect world, no car broke down beside the road, no tire blown out. But stuff happened.
ArticDiver, don't you think NASA with all of their brains and planning should not have any accident? But guess what? how many accident has happened? and how many lifes have been lost?
The idea of yeah, I got my equipment all good and fine and I trust and plan with my buddy to save me so let's leave the little extra insurance at home is just don't sound like a good idea at all.
And no, we are not talking about diving at 20-30 feet when stuff happens. What if it happend at 80 feets while your insta-buddy is having his mask flooded? So now you trust his thinking to save your buns? or the ultimate planning is that you plan to save your own skin instead of depend on some one else? That is the question. And that is called planning. Yes, your buddy should have been there, he should be able to have extra gas to cover your buns, should be able to handle the situation, should have his octo ready.... should have, could have.... but... I don't want to be the one in the casket and thinking out loud should have, could have.
Again, accident DO happens to the best plans in the world and I would want to cover my buns instead of depend on someone else.