No insurance policy subject to this chapter may contain any provision:

1. (1) requiring it to be construed according to the laws of another jurisdiction except as necessary to meet the requirements of compulsory insurance laws of other jurisdictions;
2. (2) depriving Utah courts of jurisdiction over an action against the insurer, except as provided in permissible arbitration provisions; or
3. (3) limiting the right of action against the insurer to less than three years from the date the cause of action accrues.