No unfortunately each hosting provider is different in one way or another. We have heard many horror stories of web hosting providers losing customers websites due to unforeseen server crashes, always check if the cloud hosting provider offers backups. Downtime is common issue with many hosting providers where they generally host too many customers onto a single server, overwhelming it resulting in consistent downtime. Downtime can cost you money and reputation but above all it can negatively impact your organic rankings in Google’s search results.
Security is another extremely important factor to take into account when selecting the right web hosting provider. Security such as web application firewalls can help mitigate many common attacks, keeping your website secure online.