Chubb vs 
Mylo: How Do They Compare for Umbrella and Excess Liability Insurance?
Mylo compares several carriers and cites typical umbrella limits of $1 million to $15 million; Chubb underwrites coverage directly with options for mid-sized, national, energy and construction accounts.
Mylo suits small businesses that want quotes from several insurers and a clear expectation: most umbrellas add $1 million to $15 million above GL, auto or workers' comp. Chubb writes its own umbrella, with programs for mid-sized, national, energy and construction companies. 3,1,2
What Are the Key Differences Between Chubb and Mylo Umbrella and Excess Liability Insurance?
Comparing Insurers Versus Buying From One
Mylo is a broker that compares umbrella quotes from multiple insurers, and a licensed agent checks whether you need the layer at all. It flags two common triggers: operating internationally when your primary policies limit overseas protection, and signing a contract that requires an umbrella. Chubb writes the policy itself and structures options for global and national companies, mid-sized companies, energy and construction, plus Express Umbrella through appointed brokers. Choose Mylo if you're a small business meeting a contract requirement; choose Chubb if you're a mid-sized, energy or construction company that wants a large insurer's dedicated program. 1 3
What You Know About Limits
Mylo says an umbrella pays only after general liability, commercial auto or workers' comp is used up, and you can't buy one without those primary policies. Chubb's casualty page publishes no limits or starting points, even for umbrella bundled into its small-business Total Account Solution, so you'll only learn them on a quote. 3 1 2
What Should You Confirm in Chubb and Mylo Umbrella and Excess Liability Insurance Quotes?
- Ask Chubb which of its segments would write your account. 1
- Ask Mylo where your quote falls in the $1 million to $15 million range and which primary policies it sits over. 3
- If you work overseas, check the territory on both quotes; Chubb doesn't publish its terms. 3 1
- Ask Mylo which insurer issues the policy. 3
Chubb vs Mylo Umbrella and Excess Liability Insurance Compared
Chubb vs Mylo: Umbrella and Excess Liability Insurance: documented features by provider
| Criteria | Chubb Umbrella & Excess Casualty Insurance | Mylo Commercial Umbrella Insurance |
|---|---|---|
| Limits and Retentions | When bundled through Chubb's small-business Total Account Solution, umbrella insurance is described only as providing "an additional layer of coverage over existing liability policies," without a published limit amount. 2Company-reported. Workers'-compensation Total Account Solution section. | Mylo says most commercial umbrella policies pay out between $1 million and $15 million in additional coverage above the underlying policy's limits. 3Company-reported. Commercial umbrella product page FAQ; a general market range, not a quoted limit for any specific business. |
| Who It’s For | Chubb structures umbrella and excess casualty into separate options for large global and national companies, mid-sized companies, the energy industry, and the construction industry, saying it tailors solutions to each segment's exposures. 1Company-reported. Umbrella & Excess Casualty Insurance Options section. | Mylo says umbrella coverage may also be needed for businesses operating internationally whose primary policy limits overseas protection, or that have signed a contract with a customer, partner or vendor requiring umbrella coverage. 3Company-reported. Commercial umbrella product page FAQ. |
| How to Apply | Chubb offers Express Umbrella, a web-based platform for appointed brokers to reserve, quote, bind and issue umbrella business, which Chubb says can help brokers build specialized books of business. 1Company-reported. Express Umbrella Online Platform section; available to appointed brokers, not directly to buyers. You can request a quote online, or an appointed independent agent or broker can place the policy through a Chubb Appointment. 1Company-reported. Umbrella & Excess Casualty product page quote call-to-action. | Mylo says a licensed agent reviews the specific business to give a personalized recommendation on whether umbrella coverage makes sense, and compares quotes from top-rated carriers. 3Company-reported. Commercial umbrella product page "How will Mylo find me the right policy?" section. |
| Coverage Features | For large global and national companies, Chubb specializes in lead umbrella and excess liability; for mid-sized companies it offers what it calls competitive excess casualty alternatives with claims handling and timely service. 1Company-reported. Umbrella & Excess Casualty product page option descriptions. | Mylo describes commercial umbrella as extra liability protection that takes over once a business exhausts the limits of its general liability, commercial auto or workers' compensation policies, and says it cannot be purchased or used on its own without an underlying policy in place. 3Company-reported. Commercial umbrella product page; the issued policy and its exclusions control. |
| Role in This Line | Chubb underwrites umbrella and excess liability insurance directly, spanning smaller and mid-sized companies through global multinationals, and offers it as an add-on within its small-business Total Account Solution. 1,2Company-reported. Umbrella & Excess Casualty product page and workers'-compensation Total Account Solution section. | Mylo brokers commercial umbrella insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. 3Company-reported. Commercial umbrella product page. |
