Especially with the rise of "ghost postings" so quantity over quality is greater than ever these days
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To me, I don't understand why someone would proofread their resume but not their cover letter.
Then again, I'd be someone that would put in the same degree of effort to the resume as the cover letter. Not everyone is like that.
Guess it just depends on if you find it worthwhile or not. If you can't seem to land jobs following interview after interview, it might be worthwhile to look into cover letters if only to help you orient yourself better to the job and company.
Yeah, I hear that...but you'd be surprised at how often I see perfectly-rendered resumes, and then multiple obvious issues in a cover letter.
The cover letter helps you get the interview - after I make the decision (offer or not), I pretty much forget about the cover letter.