People are able to interpret speech under very high levels of noise due to having strong priors / being able to guess well / having shared state with the speaker.
Of course you should take advantage of whatever priors you have about the signal; we know rather trivially from information science that information gain / transmission rate is maximized when the listener knows as much as possible about the source. This is also key for compressed sensing.
You see analogues of this pattern everywhere in the world: e.g. people learn most quickly when they have some context about the problem space already.
The real question is why the sender would produce a signal with any level of predictability in it, rather than a signal that purely maximizes the effective bit rate of transmission (e.g. minimize redundancy modulo noise). But it's easy to see that physical constraints (e.g. how the human voice works) are at least partly responsible for the enforcement of regularity, at least for many signals that we're interested in in practice.