Hiscox vs 
Mylo: How Do They Compare for Business Owner’s Policy?
Mylo, a broker partnered with more than 40 A-rated carriers, shops BOPs online or by phone, including Hiscox, which sells its BOP directly online in most states and names Hiscox Insurance Company Inc. as underwriter.
Hiscox lets you buy its own BOP online and add cyber, hired auto or crime, but not in seven states including Florida and Ohio. Mylo shops more than 40 insurers, Hiscox among them, and includes business interruption in the bundle. 1,2,3,5,7,6
What Are the Key Differences Between Hiscox and Mylo Business Owner’s Policy?
One Insurer Online Versus a Wider Search
Hiscox writes its Hiscox NOW BOP itself, so the price you see online comes from the company that pays your claims. It isn't sold in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington or West Virginia. Mylo compares quotes from Travelers, Liberty Mutual, The Hartford, Hiscox and others, so a Mylo quote may or may not be a Hiscox policy. Choose Hiscox if you're outside those seven states and want to buy online in one sitting; choose Mylo if you're in one of them or want several prices side by side. 5 4 7
Interruption Included or Add-Ons to Build Up
Mylo's BOP has three parts: general liability, property, and lost income during a covered shutdown. Mylo says packaging them usually costs less than buying each separately. Hiscox's page doesn't list interruption as a base part. Instead it offers cyber, hired and non-owned auto, and crime upgrades, with auto and crime sharing the BOP's per-occurrence limit rather than adding to it. 1 6
Who Helps You Buy
Hiscox runs quote and purchase on its own site. Mylo works online through its Mind of Mylo tool or by phone, with agents licensed in all 50 states. 1 7
What Should You Confirm in Hiscox and Mylo Business Owner’s Policy Quotes?
- Ask Mylo which insurer issues each BOP quote, and whether one is Hiscox. 7
- Ask Hiscox whether your quote includes business interruption and on what terms. 6 1
- If you add Hiscox's hired auto or crime upgrades, check that the shared occurrence limit is high enough. 1
- Ask Mylo whether its quoted insurers offer cyber, hired auto and crime add-ons like Hiscox's. 1 6
Hiscox vs Mylo Business Owner’s Policy Compared
Hiscox vs Mylo: Business Owner’s Policy: documented features by provider
| Criteria | Hiscox Business Owner's Policy | Mylo Business Owner's Policy |
|---|---|---|
| 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. 5Company-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. 7Company-reported. Business-insurance overview page. |
| 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. 1Company-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. 7Company-reported. Business-insurance overview page FAQ. |
| 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. 1,2,3Company-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. 6Company-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. 6Company-reported. BOP product page FAQ; a general company statement, not a quoted savings figure for any specific business. |
| 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. 1,4Company-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. 6,7Company-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. 5,4Company-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. 7Company-reported. Business-insurance overview page FAQ; the carrier panel is described company-wide, not BOP-specific. |
