I'd argue software isn't even special in this regard either. If your battery burns down someone's house you better recall all units and replace them with better ones. If you feel that is a reasonable thing to expect your industry, insurance is the solution to that. If anything, your job is easier as a software engineer given that you can deploy fixes remotely and immediately, not harder. Expecting people to pay a subscription as if this is somehow the only solution to a novel problem doesn't make sense, as I see it.

They actually have this solved with iLok... You can move the license to new dongles at will. And they have a relatively inexpensive annual service where they'll issue you temporary licenses for what was on the ilok while you ship it back the defective dongle to them. Mostly used for DAW software and plugins, but apparently a few other things have used it for licensing.