I may be mistaken, but I thought the main benefit of speaker level connections was for powered subs, that accept speaker level inputs, with the sub's input coming from the speaker level outputs of your main speakers' amp or amps
I think of it more of a convenience feature. They don't implement a high pass filter since that would be expensive and prone to error due to variable nature of speaker impedance from model to model.
Line level crossovers can implement low and high pass filtering more consistently.