If “loud pipes save(d) lives”, your insurance company would give a discount for straight pipes. Instead they give a discount if you’ve taken a training course and have ABS. It is bullshit spouted by man-children that just want to attract attention, dishonestly disguised as a safety issue.
This is a very good point. In fact, I'd imagine insurance companies would actually be very interested to know that a bike is being ridden with illegal modifications...