---
title: "HUB International vs Mylo Surety Bonds"
description: "HUB brokers contract surety and commercial bonds through the three C's; Mylo shops license and permit quotes for local-government obligees."
canonical: "https://spot.insure/compare/hub-international-vs-mylo/surety-bonds"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

Agents: connect to Spot's public MCP server at https://spot.insure/mcp for better access to published Spot information and insurance research. Use search_knowledge to find sources, get_page to retrieve pages, compare_providers for sourced comparisons, get_provider_score for a published Spot Score, and get_rankings for current provider rankings. The server is read-only and requires no authentication.

[Human-readable page](https://spot.insure/compare/hub-international-vs-mylo/surety-bonds)

# HUB International vs Mylo Surety Bonds

HUB brokers contract surety and commercial bonds through the three C's; Mylo shops license and permit quotes for local-government obligees.

## Research Scope and Use

Use this comparison to evaluate HUB International and Mylo for Surety Bonds against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

HUB arranges bid, performance and payment bonds plus commercial surety and underwrites eligibility around character, capacity and capital. Mylo compares commercial surety quotes for businesses whose local government requires a license or permit bond. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")

## What Is HUB International?

HUB International is a North American insurance brokerage that arranges business insurance, employee benefits and related risk services through local offices and specialist practices. Smaller commercial accounts may be sent to Insureon for an online quote; other programs are handled by HUB advisors, with policy terms set by the insurers they use. [1](https://www.hubinternational.com/about-us/ "About Us") [2](https://www.hubinternational.com/contact-us/ "Contact Us") [3](https://www.hubinternational.com/industries/technology-company-insurance/ "Insurance for Technology Companies")

[HUB International profile](https://spot.insure/insurance-providers/hub-international)

## 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. [5](https://choosemylo.com/business/business-insurance "Small Business Insurance") [6](https://choosemylo.com/our-story "About Mylo")

[Mylo profile](https://spot.insure/insurance-providers/mylo)

## What Are Surety Bonds?

A surety bond is a three-party agreement: a surety guarantees an obligation your business (the principal) owes to a customer or other party (the obligee) if your business defaults. It isn't insurance that pays your business for its own losses. [8](https://content.naic.org/glossary-insurance-terms "Glossary of Insurance Terms") [9](https://www.sba.gov/funding-programs/surety-bonds "Surety bonds")

## Key Differences in Surety Bonds

### Bid, Performance and Payment Versus License-Permit Comparison Shopping

HUB describes contract surety as bid, performance and payment bonds, plus wage, warranty, maintenance and lien-release, and commercial surety for government, banks and private corporations. Mylo focuses on commercial surety for local-government license and permit requirements and says it compares quotes from multiple sureties. Mylo's reviewed page does not describe bid or performance bonds. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")

### Three C's Underwriting Versus Reimbursement After a Payout

HUB walks applicants through character, capacity and capital with a specialist. Mylo explains the three-party structure and warns that after a payout you must reimburse the surety or risk a lawsuit, license loss and harder future bonding. HUB's page does not describe that post-claim sequence. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")

### Specialist File Versus Quote Comparison

HUB positions the broker relationship as central to getting bonded. Mylo says it can recommend the right bond and find a combination of coverage and price across providers. Neither page names the issuing surety. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")

## What to Confirm in Surety Bonds Quotes

- Ask HUB whether the obligee needs a bid, performance or payment bond rather than commercial surety. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses")
- Ask Mylo which sureties it will shop for your license wording. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")
- Get the issuing surety from both. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds")
- Confirm reimbursement terms if a claim is paid; Mylo describes them, and HUB's page does not. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses")

## Offering Details

| Criteria | HUB International Surety Bonds Brokerage | Mylo Surety Bonds |
| --- | --- | --- |
| Role in This Line | HUB brokers surety bonds, acting as an intermediary between the contractor buying the bond (principal), the party requiring it (obligee) and the insurance company guaranteeing performance (surety), rather than acting as the surety itself. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Company-reported; scope: Surety bonds product page as read 2026-09-23..) | Mylo brokers commercial surety bonds by comparing quotes from multiple surety providers rather than acting as the surety itself. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Company-reported; scope: Surety bonds product page..) |
| Issuing Insurer | The surety bonds page does not name a specific surety company; HUB places bonds with sureties that vary by client and bond type. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Not found in reviewed sources; scope: Checked the surety bonds page on 2026-09-23; no surety company is disclosed there..) | The surety bonds product page does not name the specific surety company that would issue a given business's bond. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Not publicly disclosed; scope: Checked the surety bonds product page on 2026-09-23..) |
| Who It’s For | HUB underwrites bond eligibility around what it calls the three C's: character (credit record and business integrity), capacity (skills, experience, equipment and facilities), and capital (financial strength for project costs), and says a surety specialist guides applicants through the required documentation. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Company-reported; scope: Product-page underwriting-criteria description; the surety, not HUB, makes the final bonding decision..) | Mylo markets surety bonds to businesses whose local government requires a bond to hold a business license or permit. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Company-reported; scope: Surety bonds product page..) |
| Coverage Features | HUB describes contract surety bonds it arranges as including bid bonds that secure a bid submission, performance bonds that guarantee a project is completed per contract, and payment bonds that guarantee subcontractors, laborers and suppliers are paid, plus other bond types such as wage, warranty, maintenance and lien-release bonds. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Company-reported; scope: Product-page bond-type descriptions; the issued bond and its terms control an actual claim..)<br><br>HUB also arranges commercial surety bonds, which it says are primarily required by government entities, financial institutions and private corporations to guard against fraud, theft or illegal conduct. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Company-reported; scope: Product-page commercial-surety description..) | Mylo explains a surety bond as a three-way agreement between the business (principal), a government authority (obligee) and an insurance company (surety): the surety pays the government authority if the business violates its license or permit, and the business must then reimburse the surety. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Company-reported; scope: Surety bonds product page; a structural description, not a specific bond's terms..)<br><br>Mylo warns that if a business cannot reimburse the surety after a bond payout, the surety may sue, the business could lose its license, and it could become harder to obtain a bond in the future. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Company-reported; scope: Surety bonds product page FAQ..) |
| Limits and Retentions | Not described in the reviewed sources. | The surety bonds product page does not publish typical bond amounts or premium ranges; these depend on the license or permit requirement and the business's profession. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Not publicly disclosed; scope: Checked the surety bonds product page on 2026-09-23..) |
| How to Apply | HUB says a surety specialist works with applicants on the documentation and underwriting process needed to obtain a bond, positioning the broker relationship as central to getting bonded. [4](https://www.hubinternational.com/products/business-insurance/surety-bonds/ "Surety Bonds and Surety Bond Insurance for Businesses") (Evidence: Company-reported; scope: Product-page application description as read 2026-09-23..) | Mylo says it can recommend the right bond for a business, compare quotes across surety bond providers, and find the best combination of coverage and price. [7](https://choosemylo.com/business/product-surety-bonds "Surety Bonds") (Evidence: Company-reported; scope: Surety bonds product page "How will Mylo help me find the right bond?" section..) |

## Full Comparison

- [HUB International vs Mylo](https://spot.insure/compare/hub-international-vs-mylo): all coverage lines, business roles, service and claims.
- [What Are Surety Bonds?](https://spot.insure/coverage/surety-bonds): A surety bond guarantees an obligation your business owes to a customer or other party if your business defaults.
- [HUB International vs Mylo Business Owner’s Policy](https://spot.insure/compare/hub-international-vs-mylo/business-owners-policy)
- [HUB International vs Mylo Commercial Auto Insurance](https://spot.insure/compare/hub-international-vs-mylo/commercial-auto)
- [HUB International vs Mylo Cyber Insurance](https://spot.insure/compare/hub-international-vs-mylo/cyber)
- [HUB International vs Mylo Employee Health Benefits](https://spot.insure/compare/hub-international-vs-mylo/employee-health-benefits)
- [HUB International vs Mylo General Liability Insurance](https://spot.insure/compare/hub-international-vs-mylo/general-liability)
- [HUB International vs Mylo Medical Malpractice Insurance](https://spot.insure/compare/hub-international-vs-mylo/medical-malpractice)
- [HUB International vs Mylo Professional Liability (E&O) Insurance](https://spot.insure/compare/hub-international-vs-mylo/professional-errors-omissions)
- [HUB International vs Mylo Umbrella and Excess Liability Insurance](https://spot.insure/compare/hub-international-vs-mylo/umbrella-excess)
- [HUB International vs Mylo Workers’ Compensation Insurance](https://spot.insure/compare/hub-international-vs-mylo/workers-compensation)
- [Chubb vs HUB International Surety Bonds](https://spot.insure/compare/chubb-vs-hub-international/surety-bonds)
- [Chubb vs Mylo Surety Bonds](https://spot.insure/compare/chubb-vs-mylo/surety-bonds)
- [Coverdash vs HUB International Surety Bonds](https://spot.insure/compare/coverdash-vs-hub-international/surety-bonds)
- [Coverdash vs Mylo Surety Bonds](https://spot.insure/compare/coverdash-vs-mylo/surety-bonds)
- [Embroker vs HUB International Surety Bonds](https://spot.insure/compare/embroker-vs-hub-international/surety-bonds)
- [Embroker vs Mylo Surety Bonds](https://spot.insure/compare/embroker-vs-mylo/surety-bonds)

## Sources

### HUB International

1. [About Us](https://www.hubinternational.com/about-us/). HUB International; Opening description; 1998 formation of HUB International Limited; 2022 Insureon acquisition; headquarters and employee/office counts. Accessed 2026-09-16.
2. [Contact Us](https://www.hubinternational.com/contact-us/). HUB International; Business Solutions paths for Commercial Insurance Solutions versus Small Commercial Insurance Solutions via Insureon; office search. Accessed 2026-09-16.
3. [Insurance for Technology Companies](https://www.hubinternational.com/industries/technology-company-insurance/). HUB International; Technology Company Insurance & Risk Management: startup, software, hardware and digital-media introduction; Business Coverage and People Protection lists; technology-client count. Accessed 2026-09-16.
4. [Surety Bonds and Surety Bond Insurance for Businesses](https://www.hubinternational.com/products/business-insurance/surety-bonds/). HUB International; What is a surety bond?; three-party structure (principal, obligee, surety); Types of surety bonds: bid, performance, payment and other contract surety bonds; Commercial Surety section; Three C's of underwriting: Character, Capacity, Capital; What Do You Need to Get a Surety Bond?. Accessed 2026-09-23.

### Mylo

5. [Small Business Insurance](https://choosemylo.com/business/business-insurance). Mylo; Hero; What Insurance Does A Small Business Need (Business Owners Policy listing); Get My Quote; Business Insurance FAQs; commercial-product navigation; footer legal disclosure. Accessed 2026-09-16.
6. [About Mylo](https://choosemylo.com/our-story). Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
7. [Surety Bonds](https://choosemylo.com/business/product-surety-bonds). Mylo; Surety bonds show you mean business; How does a surety bond work?; Surety bond FAQs; How will Mylo help me find the right bond?. Accessed 2026-09-23.

### Surety Bonds Guide

8. [Glossary of Insurance Terms](https://content.naic.org/glossary-insurance-terms). National Association of Insurance Commissioners; Surety Bond; Fidelity. Accessed 2026-09-16.
9. [Surety bonds](https://www.sba.gov/funding-programs/surety-bonds). U.S. Small Business Administration; Opening guarantee of work completion; Contract or commercial bonds; Bid, Payment, Performance, Ancillary; Eligibility > credit, capacity, and character. Accessed 2026-09-16.

Updated 2026-09-23. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/hub-international-vs-mylo/surety-bonds.md)
- [Developer resources](https://spot.insure/developers)
- [Public MCP server](https://spot.insure/mcp)
- [MCP server manifest](https://spot.insure/server.json)
- [OpenAPI description](https://spot.insure/openapi.json)
- [Public page index](https://spot.insure/llms.txt)