The insurance bit is forced selling of an unwanted product. I am sure that 99% of certificate buyers do not need more insurance from their certificate provider than they need it from their hosting company, or the developers of Apache and OpenSSL.
One would hope that losing control of HSM-stored crypto material is improbable, regardless of other questionable security practices.
If by "DNS hijacking" you mean seizing control over the account with the registrar to change the delegation, or the legitimate DNS servers, I don't think there's a strong reason to worry about that more than someone seizing control of your account with your SSL provider, or your webserver, respectively. (It's possible to secure the former two at least as strongly as the latter two.) If by "DNS hijacking" you mean attacks on the unauthenticated DNS protocol, CAs are sort of supposed to query DNS from multiple locations to defeat that, although I don't think there's a strong rule about this. I'm not sure what Comodo's and Let's Encrypt's specific practices are.