You could make that argument, but that also comes with individual risk tolerances
I think there is an assumption (or stereotype) out there that people with a parachute take on an otherwise unusual or unnecessary risk.. like, "gee, the forecast looks pretty rough with moderate and heavy icing and very high tops, and I've never flown 600 nm in one leg, and it's 10pm and I'm not instrument rated, but I am rich with a Cirrus and a parachute, off I go!"
When in reality, what Ben and tspear describe are the same reasons I like having a chute. Not to push my own envelope, but rather to add a margin of safety. Do I fly at night in a non chute plane, yes. Do I fly over the mountains and dense LA area in a '76 Archer. Yes. But doing the same activities in a Cirrus isn't taking on a new level of risk, rather, it just adds a margin of safety