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That is to say, purchasing a cheap product may result in having to spend money on repairs and upkeep or even having to completely replace the inferior product with a new one. As such, this could lead to spending more money than what would have been spent had the “more expensive” product been purchased in the first place.
Those involved with making the decision as to whether or not to recommend an insurance company should acknowledge that the Reliable company is the cheaper insurance provider, however, there also needs to be an acknowledgement that saving money on using a cheaper insurance provider may cause problems in the future if Reliable turns out to be, well, unreliable when it comes to paying out on an insurance claim...
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