For $n>2,$ the spin group Spin$(n)$ is isomorphic to the universal cover of SO$(n)$. In these cases, the universal covers can be explicitly constructed using the Clifford algebra over $\mathbb R^n$. Spin$(2)$ is defined using the Clifford algebra construction, which yields a double-cover of SO$(2)$ [as it does for all SO$(n)$], but this is not the universal cover of SO$(2)$, namely $\mathbb R$. Is there a good reason to define Spin(2) as this double cover, rather than the universal cover? Or if that seems too subjective, then: Is there any special significance to this double-cover of SO(2), say, in representation theory, Lie theory, or topology?
I ask because the universal cover seems more significant to me, although I am somewhat of a novice in this area. But in physics, we care especially about projective representations of Lie groups, which are related (by several results, e.g., Bargmann's theorem) to the universal cover, not necessarily the double cover.
Edit. A related question and generalization (see here) is to include orthogonal groups of indefinite signature in this discussion.