No, in fact the Helicoil may be the stronger of the two in this application. First of all it requires less material removal and secondly it is not in an application that has high pressure and heat expansion of the aluminum or is repeatedly removed which makes it a perfect application for a coil rather than an insert.
The Coil threads are many times than the original aluminum threads and unlike a insert tend to "jam" against the threads making it almost impossible to tear out in normal use. You must use a coil of the correct length of a minimum of 1.5 times the diameter for a strong repair, an M10 fastener for example needs a min of 15mm of thread engagement strength 20mm would be better and full strength, more than that is of no benefit. Be sure to buy coils the correct length Some old info that is still relevant today.
I would get a long T handle tap wrench or tap sockets if space is limited and make sure it starts true.