Think…
It’s unwise to pay too much, but it’s worse to pay too little. When you pay too much, you lose a little money—that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do.The common law of business balance prohibits paying a little and getting a lot—it can’t be done. If you deal with the lowest bidder, it is well to add something for the risk you run, and if you do that you will have enough to pay for something better.
– John Ruskin, 1900
Once again, enough said.
Was this article valuable?
Here are more articles you may enjoy.
India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say
Married Insurance Brokers Indicted for Allegedly Running $750K Fraud Scheme
Longtime Alabama Dentist Charged With Insurance Fraud in 2025 Office Explosion
AIG, Chubb Can’t Use ‘Bump-Up’ Provision in D&O Policy to Avoid Coverage


