Mylo vs Techinsurance: Business Owner’s Policy

Mylo, a broker comparing quotes from multiple carriers, says a BOP typically costs less than separate policies; TechInsurance reports a median BOP cost of $83 a month and takes quote requests through a single online application.

Montgomery Risk Partners prepared this library from Spot.Insure comparison research and underlying public records.Research updated 2026-09-25

TechInsurance shows you a real price signal, an $83 monthly median, but says BOP savings apply to low-risk firms under 100 employees and $1 million in revenue. Mylo shops multiple carriers with no published size cutoff, but gives no price until you quote.

Sources and records

  1. 01
    Business Insurance

    Mylo · What insurance does a small business need?; Why Mylo? (40+ top-rated commercial insurance partners, 4.8 Google rating, BBB Accredited); What insurance carriers do you work with?; How do I shop for insurance with Mylo? · accessed 2026-09-23

  2. 02
    Business Owner's Policy

    Mylo · Like you, a BOP can do three things at once!; Coverage #1: general liability; Coverage #2: commercial property; Coverage #3: Business Interruption; Business Owner Policy FAQs · accessed 2026-09-23

  3. 03
    Business Interruption and Business Owner Policy

    National Association of Insurance Commissioners · Background; General liability, Commercial property and Business interruption bullets · accessed 2026-09-16

  4. 04
    Small Business

    National Association of Insurance Commissioners · FAQ: What’s a business owners policy?; What’s general liability insurance · accessed 2026-09-16

  5. 05
    Business Owner's Policy (BOP) Insurance – Compare Quotes

    TechInsurance · Why do you need a business owner's policy?; Eligibility requirements for a BOP; What is covered under a business owner's policy?; How much does a business owner's policy cost?; What is the difference between general liability insurance and a BOP? · accessed 2026-09-23

What Are the Key Differences Between Mylo and TechInsurance Business Owner’s Policy?

Small and Low-Risk, or Bigger and Harder to Place

TechInsurance ties typical BOP savings to four traits: a low-risk industry, a small commercial space, fewer than 100 employees and less than $1 million in yearly revenue. Among its BOP policyholders the median is about $990 a year. Mylo gives you a personalized recommendation from its carrier panel and publishes no employee or revenue cutoff. Choose TechInsurance if you're a small, low-risk tech firm under $1 million in revenue and want a known price range; choose Mylo if you're over that revenue or in a riskier industry and need carriers compared. [5] [1]

What You Can Budget For

TechInsurance's median gives you a starting number before you apply. Mylo publishes no premium range. It says packaging liability, property and interruption typically costs less than buying each separately, but gives no figure, so you'll only know your cost after a quote. [5] [2]

What Should You Confirm in Mylo and TechInsurance Business Owner’s Policy Quotes?

  • Ask Mylo which carrier on its panel wrote your quote, and which ones declined. [1]
  • Ask TechInsurance which insurer issues the policy and whether you meet its savings screen. [5]
  • Treat the $83 monthly median as TechInsurance's own book figure, not your quote. [5]
  • Ask both whether windstorm, flood or earthquake need an endorsement. [5] [2]
  • If a client or landlord needs a certificate fast, ask TechInsurance to confirm same-day issuance, and ask Mylo how long its advisor path takes in your state. [5] [1]

Provider coverage details

Mylo

  • role: Mylo brokers a business owner's policy by comparing quotes from multiple carriers rather than underwriting the policy itself. BOP product page and the business-insurance overview page.company-reportedSource ↗Source ↗
  • coverage: Mylo describes its BOP as bundling three coverages: general liability for third-party bodily injury, property damage and advertising-injury claims; commercial property for damage to a business's building and business personal property from causes such as fire, storm, theft or vandalism; and business interruption for lost income (actual loss sustained) during a covered shutdown. BOP product page coverage sections; the issued policy and its exclusions control.company-reportedSource ↗
  • coverage: Mylo says packaging these three coverages in a BOP instead of buying them separately typically costs less and can provide better coverage than buying each individually. BOP product page FAQ; a general company statement, not a quoted savings figure for any specific business.company-reportedSource ↗
  • eligibility: Mylo's business-insurance overview page lists a BOP among the coverages most owners start with, alongside commercial auto, workers' compensation and commercial umbrella, and says it gives each business a personalized coverage recommendation. Business-insurance overview page.company-reportedSource ↗
  • insurer: Mylo says it partners with more than 40 A-rated commercial insurance carriers and names Travelers, Liberty Mutual, The Hartford and Hiscox as examples, but neither page identifies which carrier would issue a specific business's BOP. Business-insurance overview page FAQ; the carrier panel is described company-wide, not BOP-specific.company-reportedSource ↗
  • application: Mylo says a buyer can shop for a BOP online through its Mind of Mylo recommendation tool or by phone with a licensed advisor (844-863-5950), and that Mylo has agents licensed in all 50 states. Business-insurance overview page FAQ.company-reportedSource ↗
  • limits: Neither the BOP product page nor the business-insurance overview page publishes specific coverage limits, deductibles or premium ranges. Checked both pages on 2026-09-23.not-disclosedSource ↗Source ↗

TechInsurance

  • role: TechInsurance arranges a business owner's policy (BOP) as a bundle of general liability and commercial property insurance sold at a discount versus buying the two policies separately, according to the company. Business owner's policy product page.company-reportedSource ↗
  • insurer: The reviewed page does not name the issuing insurer for a BOP. Business owner's policy product page as read on 2026-09-23.not-disclosedSource ↗
  • coverage: TechInsurance says a BOP covers property damage and business personal property, common third-party accidents (general liability), copyright infringement and defamation claims, theft and vandalism, and product liability claims, but excludes employee injuries, cyberattacks, business vehicles and (without an endorsement) natural-disaster property damage. Business owner's policy product page; general policy description, not a specific policy form.company-reportedSource ↗
  • eligibility: TechInsurance says small businesses typically qualify for BOP savings if they have fewer than 100 employees, operate in a low-risk industry, earn less than $1 million in yearly revenue, and use a small commercial space. Business owner's policy product page, Eligibility requirements for a BOP section.company-reportedSource ↗
  • limits: TechInsurance says its BOP policyholders pay a median of $83 per month, or about $990 a year, with the exact cost depending on business property value, profession risk, policy limits and deductible, location, employee count and claims history. Business owner's policy product page cost section; a company-reported median from TechInsurance's own book of business, not a published rate table.company-reportedSource ↗
  • application: You request BOP quotes online through a single application; TechInsurance says licensed agents can help tailor the policy with endorsements, and a certificate of insurance is typically available the same day you buy coverage. Business owner's policy product page.company-reportedSource ↗

Use this comparison as a starting point for a discussion about your business and its insurance needs.

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