Yes it offers good protection without the extra bulk, they are rated up to 6ft of drop protection. I am not clumsy with my devices so for me It works. I don’t need/like bulky cases. But for someone who might be clumsy or absolutely needs the extra protection and doesn’t mind bulky cases then maybe cases such as Mous and OtterBox will satisfy more.
OtterBox and Mous are more expensive cases simply because of the well established name brands, it doesn’t necessarily mean they’re “better” cases. Caudabe is more of a small business type brand and isn’t as well known as major case brands, they are more niche than the well known brand names such as OtterBox. Honestly there are bulky protective cases just as good as OtterBox on Amazon for a fraction of the price simply because they don’t carry the “OtterBox” brand stamp.
Good luck with what you choose, just go with what you feel fits your needs best. I absolutely love Caudabe Sheaths and have had them on my phones for many years and they have just gotten better and better and never fail me. It’s all preference really!