What Are the Key Differences Between Mylo and THREE by Berkshire Hathaway Business Owner’s Policy?
Components and income protection
Mylo describes a BOP that combines general liability, commercial property, and business interruption; it says the latter can replace lost income during a covered shutdown. THREE describes a multi-coverage BOP but its reviewed page does not identify these individual components. If a closure would disrupt payroll or rent, ask THREE to show the business-income terms and ask Mylo which carrier’s form would apply. Mylo also says bundling these three protections typically costs less than buying separately, a company claim to compare against the actual quotes. [5] [1]
Market comparison and insurer identity
Mylo says it works with more than 40 A-rated commercial carriers, including Travelers, Liberty Mutual, The Hartford, and Hiscox, but does not identify which one would issue an individual BOP. THREE offers an online quote and its sample policy names Berkshire Hathaway Direct Insurance Company as issuer. Ask Mylo which carrier is on your proposal and compare that named policy with THREE’s actual declarations; the carrier list alone does not establish a particular placement. [4] [3]
What Should You Confirm in Mylo and THREE by Berkshire Hathaway Business Owner’s Policy Quotes?
- Ask Mylo which carrier and form back the proposal and how its business-income loss is calculated. [4] [5]
- Ask THREE to itemize business interruption, property, and liability terms and identify the issuer. [1] [3]
- Compare total premium for the named limits rather than relying on Mylo’s general bundling claim. [5]