What Is Liberty Mutual Business Insurance?
Liberty Mutual spans small-commercial, commercial, specialty, surety, and reinsurance businesses. The insurer and distribution route depend on the product, so check the offer and policy before you compare terms. 1,2
What Is Mylo Insurance?
Mylo suits small businesses wanting online quote comparisons or licensed-advisor help; firms needing complex program management should compare full-service brokers. Mylo says 95% of customers pay no fee, though some transactions carry fees. 4,5
What Are Surety Bonds?
A surety bond guarantees that your business meets a specific obligation to a customer, contracting party or government agency. If a contract, license or permit requires one, get its exact form and amount; a bond is not insurance for your own losses. 7,8,9,10,11
Key Differences in Surety Bonds
Mylo centers on required local bonds
Mylo markets surety bonds to businesses whose local government requires one to hold a license or permit, and says it can recommend a bond and compare provider quotes. Liberty Mutual lists license and permit bonds alongside court, appeal, tax appeal, reclamation, utility payment, ERISA, and fidelity bonds. For a local licensing requirement, Mylo's matching and quote-comparison service is directly relevant; for a less common commercial obligation, Liberty Mutual's list names more categories. 6 3
The roles and claim obligations are explicit at Mylo
Mylo explains the bond as a three-party agreement: the surety pays the government if the business violates its license or permit, then seeks reimbursement from the business. Liberty Mutual lists bond forms but does not explain this repayment process in its product summary. Ask Mylo for the indemnity terms and ask Liberty Mutual's representative for the agreement and any collateral requirements. 6 3
Liberty Mutual identifies business-size markets
Liberty Mutual describes both small- and large-commercial bond markets and directs prospects to a surety representative. Mylo's reviewed description focuses on businesses facing local license and permit requirements, without a size split. For multiple locations, ask Mylo about jurisdictional quotes and Liberty Mutual which market handles the account. 3 6
What to Confirm in Surety Bonds Quotes
Review Scores
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
Liberty Mutual
Review Score
2 rated sources
Customers give Liberty Mutual 4.2 out of 5 on Trustpilot from 3,836 reviews, but that page mixes auto, home and life customers with business ones. For business insurance specifically, NerdWallet gives 3.0 out of 5 and reports more complaints than expected.[4][1]
Read Liberty Mutual reviewsMylo
Review Score
2 rated sources
Mylo has strong feedback on its Kansas City Birdeye listing, while its tiny Trustpilot sample is negative. Most available feedback mixes personal and business insurance.[4][6][7]
Read Mylo reviewsOffering Details
Liberty Mutual vs Mylo: Surety Bonds: documented features by provider
| Criteria | Commercial Bonds | Mylo Surety Bonds |
|---|---|---|
| Role in This Line | Liberty Mutual Surety lists commercial bonds for business customers. 3Company-reported. Official Liberty Mutual commercial/product page; company-reported description scoped to Commercial Bonds. Not policy wording, underwriting approval, state eligibility or a coverage guarantee. | Mylo brokers commercial surety bonds by comparing quotes from multiple surety providers rather than acting as the surety itself. 6Company-reported. Surety bonds product page. |
| Issuing Insurer | Confirm in your quote. | The surety bonds product page does not name the specific surety company that would issue a given business's bond. 6Not publicly disclosed. Checked the surety bonds product page on 2026-09-23. |
| Who It’s For | The page describes large-commercial and small-commercial markets and instructs prospective customers to contact a surety representative. 3Company-reported. Official Liberty Mutual commercial/product page; company-reported description scoped to Commercial Bonds. Not policy wording, underwriting approval, state eligibility or a coverage guarantee. | Mylo markets surety bonds to businesses whose local government requires a bond to hold a business license or permit. 6Company-reported. Surety bonds product page. |
| Coverage Features | The page names court, appeal, license/permit, ERISA, fidelity and other commercial bond types; bonding is distinct from liability insurance. 3Company-reported. Official Liberty Mutual commercial/product page; company-reported description scoped to Commercial Bonds. Not policy wording, underwriting approval, state eligibility or a coverage guarantee. | 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. 6Company-reported. Surety bonds product page; a structural description, not a specific bond's terms. 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. 6Company-reported. Surety bonds product page FAQ. |
| Limits and Retentions | Confirm in your quote. | 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. 6Not publicly disclosed. Checked the surety bonds product page on 2026-09-23. |
| How to Apply | The cited product page does not establish an online application or policy-binding path; ask the listed team or your broker/agent how this product is placed. 3Not found in reviewed sources. Reviewed product-page scope only. This not-found disposition is not a claim that no digital route exists. | 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. 6Company-reported. Surety bonds product page "How will Mylo help me find the right bond?" section. |
Full Comparison
More Liberty Mutual vs Mylo Comparisons
Other Surety Bonds Comparisons
Sources
Liberty Mutual
- Company Profile. Liberty Mutual Group; Strategic business units paragraph: US Retail Markets (individuals/small businesses; small commercial; countrywide) and Global Risk Solutions (mid-size/large businesses; commercial, specialty, reinsurance, surety; worldwide). Accessed 2026-09-29.
- Commercial Insurance Solutions. Liberty Mutual Business Insurance; Commercial solutions index names commercial auto and fleet, cyber, environmental liability, equipment breakdown, excess and surplus, general liability, healthcare liability, inland marine, management liability, multinational, ocean marine, professional liability, property, reinsurance, surety, umbrella/excess and workers compensation. Disclosure says policy insurer is named when offered, may be an affiliate/subsidiary or surplus-lines insurer; states/jurisdictions and actual policy terms vary. Accessed 2026-09-29.
- Commercial Bonds. Liberty Mutual Business Insurance; ‘Broad slate of commercial bonds’ enumerates court/fiduciary, appeal, tax appeal, self-insurer workers compensation, license/permit, reclamation, lost instrument, utility payment, service/supply, business services, public official, ERISA, fidelity and miscellaneous bonds; page states distinct large/small commercial audiences and qualified program scale. Accessed 2026-09-29.
Mylo
- Small 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.
- About Mylo. Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
- 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
- Glossary of Insurance Terms. National Association of Insurance Commissioners; Surety Bond; Fidelity. Accessed 2026-09-16.
- 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.
- 40 U.S. Code § 3131 — Bonds of contractors of public buildings or works. Legal Information Institute, Cornell Law School, reproducing 40 U.S.C. § 3131; §3131(b) Type of Bonds Required — performance bond and payment bond. Accessed 2026-09-16.
- Surety Bonds. Chubb; Construction Surety Bonds (performance, payment, maintenance); Commercial Surety Bonds (license and permit, court, commercial contract). Accessed 2026-09-16.
- Surety Bonds Insurance. Harper; What is Surety Bonds insurance?; A bond is not insurance; License & permit bonds; Contract bonds — bid, performance, and payment; Is a bond the same as insurance? Accessed 2026-09-16.
