What Are the Key Differences Between Hiscox and THREE by Berkshire Hathaway General Liability Insurance?
Direct Application and State Availability
Hiscox says eligible buyers can apply for general liability online in 49 states and the District of Columbia; Alaska is not available online, and buyers in certain states are directed to a specialist broker. THREE directs small businesses to an online quote and says licensed advisors can help. Confirm both availability and the final application route for your state before comparing timing. [6] [2]
Technology Data and Package Listing
Hiscox says its general-liability product adds an electronic-data-liability provision for IT and technology professions. THREE lists general liability within its combined Business Owners Policy, but its reviewed product description does not mention a comparable technology-data feature. Technology firms should ask whether electronic data losses are included, limited or excluded in each quoted form and whether separate technology coverage is needed. [6] [1]
Claims Access and Issuer
Hiscox says policyholders can report claims online around the clock and that a specialized claims professional validates reported coverage; its admitted NOW general-liability policies name Hiscox Insurance Company Inc. as underwriter. THREE's sample declarations name Berkshire Hathaway Direct Insurance Company, while its broader line page does not describe claim reporting. Compare the issuer and reporting instructions in the issued documents, not just the package label. [6] [7] [3]
What Should You Confirm in Hiscox and THREE by Berkshire Hathaway General Liability Insurance Quotes?
- Ask Hiscox about state availability, online eligibility, data liability limits and the named insurer; ask THREE to identify its insurer and any electronic-data provision. [6] [7] [3]
- Request claim reporting contacts and compare limits, exclusions and technology-related wording in both forms. [6] [1]