This is the argument from experience, and I hear it a lot. I've been doing it this way for decades and no AHJ has ever said it's wrong so it must be right. But I have to point out that AHJs not enforcing a dumb NEC requirement is not the same as saying that the NEC does not require it. There are a number of requirements that traditionally AHJs overlook in the NEC and they have become ingrained in practice for a good reason. They are dumb NEC requirements but for some reason, no one has been able to get them removed. This insulated EGC voltage requirement is dumb, AHJs traditionally overlook it, but it's still in the NEC.