What Are the Key Differences Between Mylo and The Hartford Business Owner’s Policy?
One Insurer Versus a Panel That Includes It
Mylo is a broker that compares quotes from more than 40 A-rated insurers and names The Hartford as one of them. A Mylo quote may come back from The Hartford or from another insurer on its panel. Going direct to The Hartford, you get only its price, which you can start online or by phone. Choose Mylo if you want several quotes, including The Hartford’s; choose The Hartford if you already want it and plan to add auto, workers’ comp or professional liability with the same insurer. [1] [5]
Published Average and Add-Ons
The Hartford reports that its BOP customers paid an average of $1,687 a year, about $141 a month, which gives you a benchmark before you quote. It lists workers’ comp, professional liability, commercial auto, data-breach coverage and off-premises utility business income as add-ons. Mylo publishes no premium range and no add-on list; it describes the core three-part bundle and says packaging saves money. [5] [2]
What Should You Confirm in Mylo and The Hartford Business Owner’s Policy Quotes?
- Ask Mylo which insurer actually issues your quote, and whether The Hartford was one of them. [1]
- Ask The Hartford which of its companies issues the policy. [6]
- Don’t treat the $1,687 average as your price; compare quotes with matching limits. [5]
- Ask both how lost income is calculated; Mylo describes actual loss sustained. [2] [5]