Alliance Risk vs Mylo Business Owner’s Policy

Alliance Risk arranges BOP placements as a brokerage; the BOP page describes the bundled package it places rather than an Alliance-issued policy, and does not name an issuing insurer. ^3,4Company-reported. BOP product page and the general brokerage disclosure on the coverage catalogue page.

Mylo brokers a business owner's policy by comparing quotes from multiple carriers rather than underwriting the policy itself. ^7,5Company-reported. BOP product page and the business-insurance overview page.

Not described in the reviewed sources.

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. ⁵Company-reported. Business-insurance overview page FAQ; the carrier panel is described company-wide, not BOP-specific.

Alliance Risk targets its BOP at small and mid-sized businesses that operate from a physical location with customer foot traffic, listing retail and boutiques, offices and consultants, restaurants and food service, artisan contractors, and healthcare and wellness providers as common buyers. ³Company-reported. BOP product page, Who Needs Business Owners Policy? section.

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. ⁵Company-reported. Business-insurance overview page.

Alliance Risk's BOP bundles general liability, commercial property and business interruption coverage, with optional endorsements for cyber liability, equipment breakdown, hired and non-owned auto liability, and employment practices liability (EPLI). ³Company-reported. BOP product page; actual endorsement availability depends on the carrier and underwriting.

Alliance Risk's BOP page says the bundled package excludes professional liability claims, workers' compensation, commercial auto coverage, and flood or earthquake damage, each of which needs a separate policy. ³Company-reported. BOP product page, What Doesn't Business Owners Policy Cover? section.

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. ⁷Company-reported. BOP product page coverage sections; the issued policy and its exclusions control.

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. ⁷Company-reported. BOP product page FAQ; a general company statement, not a quoted savings figure for any specific business.

Alliance Risk's BOP page gives typical annual premium ranges ($500-$1,200 for small businesses, $1,200-$2,500 for medium businesses, $100-$500 per added endorsement) but does not publish standard liability or property limits, deductibles or sublimits. ³Not publicly disclosed. BOP product page as read on 2026-09-23.

Neither the BOP product page nor the business-insurance overview page publishes specific coverage limits, deductibles or premium ranges. ^7,5Not publicly disclosed. Checked both pages on 2026-09-23.

You request a BOP quote through Alliance Risk's online quote form or by scheduling a consultation with a risk advisor; the page does not describe specific underwriting information required for a BOP submission. ³Company-reported. BOP product page quote call to action.

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. ⁵Company-reported. Business-insurance overview page FAQ.