A squib kick would have burned at least 2-3 secs, maybe more if the recipient miss handles the ball. If the ball handler advances the ball, at least 5 secs would have been used or if he downed it quickly, the Chiefs would have been backed up further.
Last, the defense was playing the sidelines as if the Chiefs had no time outs. The middle was wide open. Should have rushed 2 not 4 (just a waste of personnel), played man to man on Kelce & Hill. The rest of the back end should have been in zone with 2 high safties.
Dont' know what the defensive coordinator was thinking but high school coaches would do better if in a similar situation. Coaches lost this game.