What Are the Key Differences Between Hiscox and THREE by Berkshire Hathaway Business Owner’s Policy?
State availability and purchase route
Hiscox’s 2026 appetite guide says its BOP is unavailable in Alaska, Florida, Kansas, Ohio, Rhode Island, Washington, and West Virginia, though eligible buyers can quote and purchase online. THREE directs small-business prospects to an online quote and licensed Small Business Advisors but its reviewed BOP record does not publish a state-by-state list. Check availability first if your business operates in one of those states, then compare the actual quote route and expected response time for your location. [7] [5] [2]
Add-on detail and insurer identity
Hiscox identifies cyber, hired and non-owned auto, and commercial crime as possible BOP add-ons, with some tied to the policy’s occurrence limit. THREE describes its product as a combined BOP without listing comparable endorsements; its sample declarations name Berkshire Hathaway Direct Insurance Company as issuer, while the buyer’s own declarations control. If you need one of these add-ons, ask both providers to show its limit and whether it is part of the BOP or separate. [5] [1] [3]
What Should You Confirm in Hiscox and THREE by Berkshire Hathaway Business Owner’s Policy Quotes?
- Ask Hiscox to confirm BOP availability for your state and whether each add-on shares the BOP occurrence limit. [7] [5]
- Ask THREE for the state-specific quote, issuing company, and any cyber, auto, or crime endorsements. [2] [3]
- Compare the included general liability and property terms in both issued forms. [5] [1]