Trust
"If you don't fully trust a single provider's disaster recovery (DR) capabilities"
You shouldn't trust your MOM for disaster recovery. Nor a single provider.
Disaster recovery is getting tougher as IT estates sprawl across on-prem gear, public cloud, SaaS, and third-party ITaaS providers. And it's not floods or fires causing most outages anymore - ransomware now leads the pack, taking down systems faster than any natural disaster. This makes one thing clearer: The more homogeneous …
Yes, this costs money. And yes, it's frustrating when you've outsourced IT to save money. But ignoring it could cost a lot more.
Most of the "cost savings" comes for not having to pay good IT folks on your staff to manage stuff, that is the outsourcer's job. After taking that decision who is going to independently implement/check DR?