Terms & Conditions

By agreeing to the terms and conditions, you agree to the following:

General

As is industry standard among all insurance carriers and in accordance with applicable laws and your policy, your Annual Premium is an estimate determined by the information provided to us, Berkshire Hathaway Direct Insurance Company, dba THREE (“THREE”), to date and the application of our manuals of rules, rates, rating plans and classifications. Your Annual Premium is subject to change after coverage has been bound. Please be aware that the information submitted to us by you is subject to verification via an annual audit in accordance with the terms of your policy. Also, additional charges may be applied in certain jurisdictions to address specific circumstances. If a check is returned due to insufficient funds, a fee of up to $20 will be assessed. Payments received after the due date may be subject to a late fee of up to $10 and policy cancellation. Please read your policy carefully. Coverage is only afforded by your policy and endorsements.

Personal information about you, including information from a credit or other investigative report, may be collected from persons other than you in connection with this application for insurance and subsequent amendments and renewals. Such information as well as other personal and privileged information collected by us or our agents may in certain circumstances be disclosed to third parties without your authorization. Credit scoring information may be used to help determine either your eligibility for insurance or the premium you will be charged. We may use a third party in connection with the development of your score. You may have the right to review your personal information in our files and request correction of any inaccuracies. You may also have the right to request in writing that we consider extraordinary life circumstances in connection with the development of your credit score. These rights may be limited in some states. Please contact us at 1-800-507-4495 to learn how these rights may apply in your state or for instructions on how to submit a request to us for a more detailed description of your rights and our practices regarding personal information. (not applicable in AZ, CA, DE, KS, MA, MN, ND, NY, VA, or WV.)

Payment

Recurring Automatic Bank Draft:

The Automatic Bank Draft may be offered to certain customers. If you select to enroll in Automatic Bank Draft, you must agree that the following Automatic Bank Draft terms apply. After enrolling in Automatic Bank Draft, we will automatically deduct payment when it is due. We will continue to send you Billing Statements as a courtesy, but cannot guarantee that you will receive any specific notice, or that notices will arrive prior to the date that the automatic draft is made. Enrollment in Automatic Bank Draft does not change your obligations to make payments under the policy terms. By enrolling in Automatic Bank Draft, you also agree that Automatic Bank Draft will renew automatically if you renew your policy. You may rescind Automatic Bank Draft at any time by emailing service@threeinsurance.com.

Auto-Pay Recurring Card Payment:

By enrolling in Auto-Pay by clicking the Purchase button on the payment page, you agree to allow THREE to automatically debit future insurance payments from your account. You also agree to allow your financial institution to debit your account for these payments, and you understand changes to your policy or premium may change the amount debited. You can discontinue automatic insurance payments at any time by calling us at 1-800-507-4495.

Nonpayment of Premium:

Any policy that we issue may be canceled or rescinded if we do not receive any premium installment, service fee, late payment fee, or reinstatement fee. A policy may be canceled “flat”, meaning that no policy contract was ever agreed between us, if we do not receive the initial premium payment. Otherwise a policy may be canceled for any remaining term and we will refund any premium that we may be holding for that term.

Refunds:

After policy cancellation, refunds for the reduced time of coverage will be made according to applicable law.

Coverages

Commercial Automobile Coverage:

Applicable in Arizona:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured/underinsured driver or a hit-and-run driver. You may request in writing before you purchase this policy to remove the Uninsured/Underinsured motorist coverage. This lower limit will reduce annual premium but by no more than 5.1% of the total. Agreeing to these terms & conditions without a request in writing is considered a rejection to remove the Uninsured/Underinsured Motorists Coverage.

Applicable in California:
This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured/underinsured driver or a hit-and-run driver. You may choose lower limits or reject the Uninsured/Underinsured motorist coverage, but you must choose the lower limits or reject the coverage in writing. This lower limit will reduce your annual premium by a small percentage.

Applicable in Connecticut:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured driver or a hit-and-run driver. This coverage includes underinsured motorist conversion coverage, which covers damages exceeding the at-fault driver’s limits. You may request in writing before you purchase this policy to lower this limit to the minimum limit required by the state. This lower limit will reduce annual premium but by no more than 5.7% of the total. Agreeing to these terms & conditions without a request in writing is considered a rejection to lower the Uninsured Motorists limit. You may also request your Uninsured/Underinsured Motorists coverage limit to be double your Auto Liability Limit or to reject Underinsured motorist conversion coverage; however, to determine the charge for this limit or to purchase such a policy you must call 1-800-507-4495.

Applicable in Illinois:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured driver or, in some states, a hit-and-run driver. You may request in writing before you purchase this policy to lower this limit to the minimum limit required by the state, or, in some states, to reject the coverage THREE. This lower limit will reduce annual premium but by no more than 1.8% of the total. Agreeing to these terms & conditions without a request in writing is considered a rejection to lower the Uninsured Motorists limit.

Applicable in Indiana:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injury and injury to or destruction of property caused by an uninsured/underinsured driver or a hit-and-run driver. You may reject both uninsured motorist coverage and the underinsured motorist coverage, but you must reject it in writing. This lower limit will reduce annual premium by a small percentage.

Applicable in Iowa:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured driver or, in some states, a hit-and-run driver. You may request in writing before you purchase this policy to lower this limit to the minimum limit required by the state, or, in some states, to reject the coverage entirely. This lower limit will reduce annual premium but by no more than 4% of the total. Agreeing to these terms & conditions without a request in writing is considered a rejection to lower the Uninsured Motorists limit.

Applicable in Kentucky:

Your policy includes Uninsured Motorist Coverage at the highest limits we provide, unless you reject this coverage in writing on a form provided by us. This coverage will pay for your injuries caused by an uninsured driver or a hit-and-run driver. Underinsured Motorist Coverage will pay for uncompensated damages caused by a party with motor vehicle liability insurance in an amount less than your damages on account of injury due to a motor vehicle accident. It is not automatically included in your policy, but it is available for purchase upon your request even if you reject UM coverage.

Basic No-Fault Coverage (often called Personal Injury Protection (PIP) or Basic Reparations Benefits (BRB)) of $10,000 per person is included on your policy. No-Fault Coverage provides prompt payment of medical expenses, lost wages up to $200 per week, replacement services and survivor's benefits due to bodily injury arising out of a motor vehicle accident. Additional amounts of No-Fault coverage may be purchased as optional coverage.

If you have No-Fault Coverage, your right to sue the at-fault party is limited. With these injuries that exceed the No-Fault thresholds, you retain your right to sue for pain and suffering and expenses not included by No-Fault Coverage. You may reject No-Fault Coverage and the limitations on your right to sue. If you reject: (a) Your rejection will apply to you in any motor vehicle, whether owned by you or others. (b) Your rejection will be effective upon receipt by the Department of Insurance and it will remain effective until revoked in writing. Your premium may be higher due to your rejection of No-Fault, as others will have the same right to sue you for injuries

Applicable in Louisiana:

Uninsured/Underinsured Motorists Bodily Injury Coverage, referred to as "UMBI", is insurance that pays persons insured by your policy who are injured in an accident caused by an owner or operator of an uninsured or underinsured motor vehicle. This policy includes UMBI at the Auto Liability Limit. Acceptance of these terms and conditions are considered selection of this coverage. If you wish to select lower limits of UMBI Coverage or reject the coverage, you must do so in writing.

Applicable in Maryland:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured motorist coverage will protect you if you are involved in an accident where the at-fault person does not have insurance or is unknown, such as a hit-and-run. Underinsured motorist coverage protects you if the at-fault person doesn’t have enough coverage to fully pay your claim. You may request lower uninsured motorist and underinsured motorist coverage limits in writing.

Applicable in Michigan:

You may coordinate your PIP coverage with your health or disability income policy, except Medicaid, Medicare, or a Medicare Supplemental policy, to reduce your PIP premium if your health coverage deductible does not exceed $6,579. Please consult your medical insurer because some health plans will not pay for medical expenses resulting from an automobile accident.

If you choose to coordinate PIP with your health or disability income policy, you must do so in writing on a form provided by us, and you will pay a lower PIP premium.

Bodily injury liability insurance covers claims made against you for injuries to others if you are at fault in an auto accident.

Applicable in New Mexico:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Please be aware of the limitations of your Uninsured Motorist/Underinsured Motorist (UM/UIM) coverage. If you suffer a loss with an Uninsured or Underinsured Motorist, the total payment you receive will be limited to the greater of either your UM/UIM limit or the other party’s liability coverage limit, subject to other policy provisions.

Applicable in Oklahoma:

Uninsured Motorist Coverage protects you when a negligent driver either doesn’t have insurance or enough insurance to pay for your injuries or doesn’t have insurance or a hit-and-run driver causes damages. This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. This coverage isn’t mandatory. You may reject it, select minimum limits of $25,000 per person and $50,000, or select limits lower than your current limits. You must do so in writing.

Applicable in Pennsylvania:

This policy provides Uninsured and Underinsured Motorists coverage at the Auto Liability Limit. Uninsured and Underinsured Motorist coverage will pay for your injuries caused by an uninsured or underinsured driver or a hit-and-run driver. You may request in writing before you purchase this policy to lower the Uninsured motorist limit, change so that only one limit applies per accident, or reject Uninsured Motorist coverage. These reductions of coverage may reduce annual premium up to 2.9% of the total.

You may also request in writing before you purchase this policy to lower the Underinsured motorist limit, change so that only one limit applies per accident, or reject Underinsured Motorist coverage. These reductions of coverage may reduce annual premium up to 3.3% of the total. We assume that if you do not make a written request to change Uninsured or Underinsured Motorist coverage you agree to the original terms & conditions.

You have the right to choose a combined first party benefits limit, which combines Medical and Work Loss benefits into a single limit per insured per accident. This selection also includes a sublimit for funeral expense and accidental death and dismemberment. The limit can be up to $177,500 and costs up to $58 extra per vehicle.

Applicable in South Carolina:

This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured/Underinsured Motorist coverage will pay for your injuries caused by an uninsured/underinsured driver or a hit-and-run driver. You may request in writing before you purchase this policy to lower the Uninsured motorist limit to the minimum limit required by the state. This lower limit will reduce annual premium but by no more than 3% of the total. You may also request in writing before you purchase this policy to remove Underinsured motorist coverage. Agreeing to these terms & conditions without a request in writing is considered a rejection to lower the Uninsured Motorists limit and remove the Underinsured Motorists Coverage.

Applicable in Tennessee:

Uninsured motorist protection is insurance coverage you carry on your own policy that protects only you and your family if you or they are injured by a negligent driver who fails to have any insurance coverage. This policy provides Uninsured/Underinsured Motorists coverage at the Auto Liability Limit. Uninsured motorist coverage is optional. If you chose to reject this coverage or select lower limits, you must do so in writing on a form provided by us.

Applicable in Utah:

Uninsured motorist protection is insurance coverage you carry on your own policy that protects only you and your family if you or they are injured by a negligent driver who fails to have any insurance coverage. Underinsurance motorist protection is insurance coverage you carry on your own policy that covers you when the at-fault party in an accident doesn't have enough insurance to pay for all of your losses. This policy includes the coverages at the Auto Liability limit. You may reject both or either of these coverages or choose lower limits. If you want to reject uninsurance or underinsurance coverage or want lower limits, you must request in writing.

Workers Compensation Coverage

Applicable in Illinois:

Your business can receive up to 2.4% on Workers Compensation insurance premium for selecting a $1,000 deductible. If you select this deductible, your business must reimburse the Company for the full amount of the deductible within 30 days of receipt of notice for each claim paid under that policy. Failure to remit payment within this time frame may result in CANCELLATION of the policy and possible loss of unearned premium. If interested please call 1-800-507-4495, otherwise agreeing to these terms & conditions is considered a rejection to select the deductible.

Applicable in South Carolina:

You have the right to reduce your Workers’ Compensation premium by selecting a small deductible and calling 1-800-507-4495. Agreeing to these terms & conditions is considered a rejection to select a deductible.

Applicable in Texas:

Limitation of Liability

THREE’s obligations under any insurance policy only arise after a policy is actually issued and the conditions of the policy are satisfied including the payment of the premium. THREE does not represent or warrant that the operation of its website will be error-free, uninterrupted, or free of defects. To the extent permissible by law, THREE will not be liable for any loss or damages of any kind arising from errors or delays in using its website or computer viruses or inability to use the website. THREE expressly disclaims any other representation or warranty with respect to its website.

Applicable in Arizona:

As described in Arizona revised statute 20-2104(d), a credit report or other investigative report about you may be requested in connection with this application for insurance. Any information which we have or may obtain about you or other individuals listed as policyholders on our policy will be treated confidentially. However, this information, as well as other personal or privileged information subsequently collected, may under certain circumstances, be disclosed without prior authorization to non-affiliated third parties. We may also share such information with affiliated companies for such purposes as claims handling, servicing, underwriting and insurance marketing. You have the right to see personal information collected about you, and you have the right to correct any information which may be wrong. Also, pursuant to Arizona revised statute 20-2104(c), if you are interested in obtaining a complete description of information practices, and your rights regarding information we collect, please write us at the address provided with your policy.

Applicable in California:

This authorization shall expire one year from the date you signed the authorization. For your protection California law requires the following to appear on this form: Any person who knowingly presents false or fraudulent information to obtain or amend insurance coverage or to make a claim for the payment of a loss is guilty of a crime and may be subject to fines and confinement in state prison.

Applicable in Florida and Oklahoma:

Any person who knowingly and with intent to injure, defraud, or deceive any insurer files a statement of claim or an application containing any false, incomplete, or misleading information is guilty of a felony (of the third degree)*.

Applicable in Oregon:

In connection with my application for insurance to the company shown above, I hereby authorized you to collect and disclose personal, privileged information, about me, by and to consumer reporting agencies, your authorized representatives, assignees, agents and affiliates. The information collected and disclosed extends to my credit standing, credit worthiness, credit capacity, personal characteristics and mode of living. I understand that credit scoring information may be used to either determine my eligibility for insurance or the premium I will be charged. Credit scoring cannot be used for renewals unless requested by the insured. I understand that I am entitled to receive a copy of this authorization and, upon request, a record of any subsequent disclosures of personal or privileged information that must include the name, mailing address ad institutional affiliation of the party to which the information was disclosed as well as the date of the disclosure, and to the extent practicable, a description of the information being disclosed.

Any person who knowingly and with intent to defraud or solicit another to defraud the insurer by submitting an application containing a false statement as to any material fact may be violating state law.

Applicable in Utah:

Any person who knowingly presents false or fraudulent underwriting information, files or causes to be filed a false or fraudulent claim for disability compensation or medical benefits, or submits a false or fraudulent report or billing for health care fees or other professional services is guilty of a crime and may be subject to fines and confinement in state prison.