What Are the Key Differences Between Mylo and THREE by Berkshire Hathaway General Liability Insurance?
Carrier Comparison and Packaging
Mylo says it brokers general liability by comparing quotes from multiple carriers and can sell it standalone or package it with property and business-interruption coverage in a BOP. THREE presents GL as a component of its combined Business Owners Policy. A buyer can compare Mylo's stated multi-carrier approach with the specific insurer and other lines THREE includes in its package quote. [7] [1]
Occurrence Trigger and Completed Operations
Mylo says its GL coverage is triggered by the date an incident occurs, not when a lawsuit is filed, and includes completed operations for problems arising after work at a client location is finished. THREE's reviewed record lists general liability without specifying a trigger or completed-work wording. Contractors should compare the policy period that responds and the scope of completed operations, especially for claims reported after a project ends. [7] [1]
What the Coverage Addresses
Mylo describes third-party bodily injury, property damage and personal or advertising injury, including alleged copyright or slogan infringement. THREE names the line in its package but does not enumerate comparable claims in the reviewed material. Request the actual insuring agreement, per-occurrence limit and annual aggregate from both proposals to see how each addresses the business's products and advertising. [7] [1]