Earlier quoted context omitted.
Because most pilots can fly professionally enough not to hit it.
There are failures modes a pilot has no chance of resolving.
Overrunning the runway is often considered avoidable from my limited understanding. Planes are flight worthy under _a lot_ of issues. Even single engine failure or engine fire after V1 (the speed at which you can't abort/reject takeoff without overrunning the runway) isn't cause to abort/reject takeoff.
With landing, the plane needs to touch down early enough and at the correct speed to stay on the runway.
Overrunning the runway is never considered a "good" thing. Rejected takeoffs that shouldn't have been and bad landings are often causes of death. They're expected to not happen.