Hiscox vs 
Mylo Business Owner’s Policy
Hiscox underwrites its own admitted BOP; Mylo shops 40-plus carriers and describes interruption as a third BOP part.
What Is Hiscox?
Hiscox is a U.S. small-business insurance brand whose website is operated by Hiscox Inc., a Delaware producer that does business in California as Hiscox Insurance Agency. Eligible firms can quote general liability, professional liability, cyber and a business owner’s policy online; other advertised lines are often placed with partner insurers, so the issuing company on each quote still has to be checked. 1,2,3
What Is Mylo Insurance?
Mylo is an independent insurance broker for small and growing businesses. It recommends coverage and compares available quotes from multiple carriers online or with a licensed advisor; the insurer named on the resulting policy provides the coverage. 8,9
What Is a Business Owner’s Policy?
A business owner’s policy packages property, general liability and business interruption coverage for eligible businesses. 11
Key Differences in Business Owner’s Policy
Underwriter Versus a Panel That Includes Hiscox
Hiscox is the admitted underwriter of its Hiscox NOW BOP. Mylo compares quotes from more than 40 A-rated carriers and names Travelers, Liberty Mutual, The Hartford and Hiscox as examples, without identifying which would issue a given policy. A Mylo quote might or might not be a Hiscox form. 7 3 8
Add-Ons Versus Interruption in the Bundle
Hiscox describes optional cyber, hired/non-owned auto and commercial crime as BOP upgrades, with hired/non-owned auto and crime tied to the policy's occurrence limit. Mylo describes three coverages in the BOP—general liability, commercial property, and business interruption for lost income during a covered shutdown—and says packaging them typically costs less than buying them separately. Hiscox's reviewed BOP page does not describe interruption as a named third part. 4 10
Direct Online Versus Mind of Mylo
Eligible Hiscox buyers quote and buy on Hiscox's site, except in the seven states where the appetite guide says the BOP is unavailable. Mylo shops online through Mind of Mylo or by phone, with agents licensed in all 50 states. 4 7 8
What to Confirm in Business Owner’s Policy Quotes
- If you use Mylo, ask whether the BOP is Hiscox or another named example carrier. 8
- Confirm Hiscox BOP availability in your state on a direct Hiscox quote. 7
- Compare interruption on the Mylo-placed form with the Hiscox package you are quoted. 10 4
- Check Hiscox add-ons (cyber, hired/non-owned auto, crime) against the Mylo quote. 4 10
Offering Details
Hiscox vs Mylo Business Owner’s Policy: documented features by provider
| Criteria | Hiscox Business Owner's Policy | Mylo Business Owner's Policy |
|---|---|---|
| Role in This Line | Hiscox Inc. sells a business owner's policy directly online to small businesses, combining general liability and commercial property into one package as part of its Hiscox NOW admitted catalogue. 4,3Company-reported. Company-stated online small-business channel. | Mylo brokers a business owner's policy by comparing quotes from multiple carriers rather than underwriting the policy itself. 10,8Company-reported. BOP product page and the business-insurance overview page. |
| Issuing Insurer | Hiscox's appetite guide and About Hiscox US page name Hiscox Insurance Company Inc. (NAIC 10200) as the underwriter of admitted Hiscox NOW business owner's policies. 7,3Company-reported. Admitted small-business BOP coverage as described in company materials; the exact contracting entity for a particular state or channel should be confirmed on the quote. | 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. 8Company-reported. Business-insurance overview page FAQ; the carrier panel is described company-wide, not BOP-specific. |
| Who It’s For | Hiscox's 2026 appetite guide says its business owner's policy is unavailable in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington and West Virginia, a narrower footprint than the 49-state-plus-D.C. availability Hiscox states for its overall online small-business catalogue. 7Company-reported. State-exception list as of the 2026 agent appetite guide; does not by itself establish eligibility for a specific class or business. | 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. 8Company-reported. Business-insurance overview page. |
| Coverage Features | Hiscox describes optional add-ons to its business owner's policy including cyber coverage, hired/non-owned commercial auto, and commercial crime; hired/non-owned auto and commercial crime are described as upgrades tied to the BOP's own occurrence limit and are not sold as standalone Hiscox policies. 4,5,6Company-reported. Product-page and upgrade-page descriptions; commercial crime is also stated as not available in all states. | 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. 10Company-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. 10Company-reported. BOP product page FAQ; a general company statement, not a quoted savings figure for any specific business. |
| Limits and Retentions | The BOP page does not publish standard coverage limits; the illustrative California IT/technology consultant pricing table on the page is explicitly labeled illustrative rather than a quote. 4Not publicly disclosed. Public product page as previously reviewed. | Neither the BOP product page nor the business-insurance overview page publishes specific coverage limits, deductibles or premium ranges. 10,8Not publicly disclosed. Checked both pages on 2026-09-23. |
| How to Apply | Hiscox says eligible buyers can quote and buy a business owner's policy online, and can select add-on coverages such as cyber or commercial crime during that process where available. 4Company-reported. Company-described online application; eligibility and binding conditions require confirmation on the actual application. | 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. 8Company-reported. Business-insurance overview page FAQ. |
Full Comparison
More Hiscox vs Mylo Comparisons
Other Business Owner’s Policy Comparisons
Sources
Hiscox
- Website Terms & Conditions of Use. Hiscox; Last modified May 28, 2024; Hiscox Inc. as Delaware corporation headquartered in Atlanta, d/b/a Hiscox Insurance Agency in CA, licensed intermediary for admitted and surplus-lines business with Hiscox Insurance Company Inc., other domestic insurers, and Lloyd’s syndicates; small-business online path distinguished from broker-only site sections. Accessed 2026-09-16.
- Get A Small Business Insurance Quote. Hiscox; States that Hiscox offers general liability, professional liability, cyber security and business owner’s policies online; zip-code quote field; licensed-agent hours Monday–Friday 7 a.m.–10 p.m. ET and Saturday–Sunday 8 a.m.–5 p.m. ET. Accessed 2026-09-16.
- About Hiscox US Insurance. Hiscox; Hiscox Insurance Company Inc. NAIC 10200 as Chicago, IL domiciled insurer admitted or licensed in all 50 states and D.C.; Hiscox Inc. as general agent and Lloyd’s coverholder for Syndicates 33 and 3624; surplus-lines placements through licensed surplus-lines brokers; A.M. Best rating statement. Accessed 2026-09-16.
- Business Owner's Policy Insurance (BOP) Coverage. Hiscox; BOP as combined general liability and commercial property; optional packages including cyber, non-owned commercial auto, commercial crime and professional liability; illustrative California IT/technology consultant pricing table; worldwide-coverage qualifications. Accessed 2026-09-16.
- Non-Owned Car Liability Insurance. Hiscox; Hired/non-owned auto described as an upgrade to a business owner's policy and part of that policy's occurrence limit, not coverage for vehicles owned or regularly operated by the business. Accessed 2026-09-16.
- Commercial crime insurance for small businesses. Hiscox; Commercial crime as a BOP upgrade not sold separately; not available in all states. Accessed 2026-09-16.
- Hiscox US Agent Appetite Guide. Hiscox; Hiscox NOW admitted GL, PL, cyber and BOP underwritten by Hiscox Insurance Company Inc.; state exceptions including BOP unavailable in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington and West Virginia. Accessed 2026-09-16.
Mylo
- Business Insurance. Mylo; What insurance does a small business need?; Why Mylo? (40+ top-rated commercial insurance partners, 4.8 Google rating, BBB Accredited); What insurance carriers do you work with?; How do I shop for insurance with Mylo? Accessed 2026-09-23.
- About Mylo. Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
- Business Owner's Policy. Mylo; Like you, a BOP can do three things at once!; Coverage #1: general liability; Coverage #2: commercial property; Coverage #3: Business Interruption; Business Owner Policy FAQs. Accessed 2026-09-23.
Business Owner’s Policy Guide
- Business Interruption and Business Owner Policy. National Association of Insurance Commissioners; Background; General liability, Commercial property and Business interruption bullets. Accessed 2026-09-16.
