OneBeacon Auto Insurance Review (2024)

OneBeacon provides specialty insurance across 13 different markets and have received quality ratings from top risk-assessing companies like A.M. Best and the Better Business Bureau.

UPDATED: Feb 15, 2024Fact Checked

Travis Thompson

Licensed Insurance Agent

Travis Thompson has been a licensed insurance agent for nearly five years. After obtaining his life and health insurance licenses, he began working for Symmetry Financial Group as a State Licensed Field Underwriter. In this position, he learned the coverage options and limits surrounding mortgage protection. He advised clients on the coverage needed to protect them in the event of a death, critica...

Licensed Insurance Agent

Schimri Yoyo

Licensed Agent & Financial Advisor

Schimri Yoyo is a financial advisor with active insurance licenses in seven states and over 20 years of professional experience. During his career, he has held roles at Foresters Financial, Strayer University, Minnesota Life, Securian Financial Services, Delaware Valley Advisors, Bridgemark Wealth Management, and Fidelity.  Schimri is an educator eager to assist individuals and families in ach...

Licensed Agent & Financial Advisor

UPDATED: Feb 15, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

UPDATED: Feb 15, 2024

Advertiser Disclosure

It’s all about you. We want to help you make the right coverage choices.

Advertiser Disclosure: We strive to help you make confident auto insurance decisions. Comparison shopping should be easy. We are not affiliated with any one auto insurance provider and cannot guarantee quotes from any single provider. Our partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different companies please enter your ZIP code on this page to use the free quote tool. The more quotes you compare, the more chances to save.

UPDATED: Feb 15, 2024Fact Checked

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OneBeacon Insurance

Average monthly rate for good drivers:

$170

A.M. Best rating:

A+

Complaint level:

Low

Pros

  • OneBeacon has been in the insurance game for nearly 20 years
  • OneBeacon Insurance has a variety of businesses that write insurance products
  • The company works with underwriters across the U.S. to provide businesses-specialized products

Cons

  • None to mention

Final Verdict: Review of OneBeacon Insurance

If you are looking for quality commercial insurance, OneBeacon might be the place for you. Their specialized products and keen attention to businesses often left slipping through the cracks is what makes the company so appealing. With upper management averaging 25+ years of experience, you are sure to get good, quality expertise. Because they’re on the smaller side, they may have more room to work with you. This, coupled with their approachability as displays a more personalized touch.

Let’s not forget their superior ratings by credited risk-assessing agencies like A.M. Best, BBB, and Moody’s. This proves that the company is more than sound and capable of meeting and exceeding their financial obligations.

While they did receive average reviews from their employees (which certainly displays room for improvement), we see that they’ve provided education opportunities for employees alike, as well as those they serve. Let’s not also forget their 2018 calendar year, in which they gave to over 100 nonprofits in the communities they serve.

The bottom line? You may be missing out on a really significant business opportunity if you don’t consider OneBeacon for your business or company.

[su_box title="Here's what you need to know..." style="default”]
  • OneBeacon has been in the insurance game for nearly 20 years.
  • OneBeacon Insurance has a variety of businesses that write insurance products.
  • The company works with underwriters across the U.S. to provide businesses-specialized products.
[/su_box] Based in Minnesota, the company works with many underwriters in offices across the United States to provide businesses-specialized auto insurance. One major underwriter is the International Marine Underwriters, a business that writes insurance exclusively for ocean marine products and marine drilling. OneBeacon is licensed to sell insurance in all 50 states, though not all products are available in all states. In this OneBeacon auto insurance review, we'll be exploring everything about the company, from coverage to industry ratings, as well as employee testimonials and feedback. So let's get to it. Keep reading to learn more about OneBeacon or you can use use our free tool to compare auto insurance rates from top companies.

What You Should Know About Onebeacon

Nobody likes having a run-around when it comes to filing a claim. Time is of the essence, and getting those details in as soon as possible is extremely important/

You can file OneBeacon insurance claims in several different ways. We’ll go over them below.

  • By Phone: Available 24/7, OneBeacon claim representatives are there to help you with your most pressing concerns. Simply call their claims hotline at: 877-248-3455.
  • Online: Through the customer portal at OneBeaon, you can review and report your claim 24/7. Just visit the website to get started.
  • By email: Provide as many details as possible to [email protected].
  • By fax: Send your fax to OneBeacon at 866.213.2802 to get started on your claim.

You can also claim with your assigned agent. Simply contact them as soon as possible and provide them with the details requested.

How to Get a OneBeacon Auto Insurance Quote Online

Many wonder, “How do I ask an auto insurance company for quotes?” It’s become faster and more accessible online. However, getting multiple quotes from multiple companies can quickly turn pretty daunting, especially as you may have to repeatedly answer similar questions. That’s no fun.

Our free online tool is simple and easy to use. You can start now and compare rates in no time.

If you like what you’ve heard about OneBeacon thus far, you can also call the company’s customer service number at 1-800-662-0156 to obtain a quote.

If you are impressed with the quote you receive, you will be assigned a OneBeacon agent based on the type of business you select.

What are the OneBeacon Insurance Group Ratings?

While companies often present a glamorized persona, ratings are a way to tell if a company can back up what they are portraying to customers.

Here are a few of the ratings for OneBeacon Insurance Group.

OneBeacon Company Ratings
Rating ScaleRating
A.M. BestA+
Better Business BureauA+
Moody'sA3

Members of the Intact Financial Corporation, including OneBeacon Insurance Group, received an “A+” or “superior” rating from A.M. Best.

This is great, as A.M. Best is one of the top-risk assessing businesses that evaluate an organization’s financial strength and its ability to pay back its lenders.

The OneBeacon Insurance rating reflects Intact Financial’s consolidated balance sheet strength, which AM Best categorizes as very strong, its strong operating performance, favorable business profile, and appropriate enterprise risk management (ERM).

The Better Business Bureau (BBB) also assesses a company’s financial capabilities.

OneBeacon Insurance Companyreceived the highest rating of “A+” from The Better Business Bureau.

To keep in the spirit of good news, OneBeacon also received an “A3” financial strength rating from Moody’s. Moody’s is another major company that evaluates a company’s performance and future potential.

The A3 IFS ratings on OneBeacon’s insurance subsidiaries reflect the group’s specialty focus in several low-to-moderate hazard niche property-casualty segments and its strong producer relationships and good capitalization.

Again, receiving high-level rating grades comes from one’s superior performance. OneBeacon is backed by some of the best, a good indicator to its customers and businesses alike that the organization can hold its weight substantially.

What’s the OneBeacon Insurance Group History

When OneBeacon Insurance was founded, it sold only two insurance products. They were international marine insurance and tuition refund, specialists.

Realizing how much insurance was needed for niche markets like these, OneBeacon quickly expanded their insurance portfolio to meet customer demand.

Since the decision to expand, OneBeacon has grown to cater to 13 different niche markets and specialty insurance segments.

Today, their specialty insurance businesses are national in scope.

The separate business model OneBeacon has adopted works because each business has its sole focus on the specialty market they represent. They sell their insurance products through a network of independent agents, regional and national brokers, and wholesalers.

For example, when a marine company wants to find the right insurance, they call a business that deals solely with marine insurance. Running the corporation this way has resulted in consistent growth for roughly 20 years in a row.

OneBeacon is one of the oldest property and casualty insurers in the U.S.

How is OneBeacon’s online presence?

Having an online presence is one way to compete with numerous players in the industry. To say the least, it is critical to an organization’s success and day-to-day operations.

OneBeacon’s successful online presence allows it to stack up against many of the competitors in its industry. It targets consumers and producers and has many resources to see the company profile.

One way OneBeacon solidifies its online presence is through its “What’s New At OneBeacon” blog site. Through the website, you can also gain more updates and insight into the company’s endeavors and the endeavors of its multiple business lines.

OneBeacon also stacks up against its competitors by offering social media handles. These include Facebook, Twitter, LinkedIn, and Youtube.

Is OneBeacon involved in the community?

While philanthropic endeavors aren’t something new for businesses, over the years it has become a way to gain the trust and respect of its consumers. The more an organization is seen giving back, as well as the way and the tactical approach they give back in, the more consumers feel comfortable supporting those businesses and encouraging others to do the same.

That being said, OneBeacon has a respected presence in the communities of those they provide products and services for.

OneBeacon doesn’t just volunteer in the community; they have a charitable fund that provides over 100 nonprofits in the communities they serve. This gives them a chance to contribute to the lives of those they serve.

“We additionally support educational opportunities through college scholarships and our matching gift program. These programs are available to OneBeacon employees and our key agency/broker partners and funded by the OneBeacon Charitable Trust.”

Not only do they volunteer and donate to nonprofits,  OneBeacon also provides educational opportunities for the communities they serve and members of their own organization.

In 2018, OneBeacon Charitable Trust awarded $229,800 to nonprofits and schools.

Giving back is a significant component of business success today. OneBeacon has displayed its commitment for serving those in the communities they serve.

What do OneBeacon employees have to say?

Another way to determine a company’s success is to examine what employees say about OneBeacon Insurance’s careers. So why OneBeacon?

While we don’t know exactly the tenure of OneBeacon employees, the company boasts that upper management averages 25+ years of industry experience.

OneBeacon received a 4.2 out of five stars by employees on GlassDoor.

Let’s break this down a bit:

OneBeacon Insurance Company Employee Ratings
Rating CriteriaRating
GlassDoor Employee Rating4.2 / 5
86% Approve of CEO
74% have a positive business outlook
PayScale Rating2.6 / 5
Culture and Values4.2 / 5
Work/Life Balance4.1 / 5
Senior Management4.0 / 5
Compensation and Benefits4.3 / 5
Career Opportunities3.8 / 5

OneBeacon Insurance reviews were based on nearly 100 employees at OneBeacon.

Furthermore, 86 percent of employees at OneBeacon approve of the CEO, while 82 percent would recommend it to a friend. Seventy-four percent have a positive business outlook.

While this is telling to say the least, OneBeacon received a 3.6 regarding the benefits that it provides to its employees.

OneBeacon;s insurance rating scored 2.6 on PayScale. Among areas that were below average were appreciation (2.0)  learning and development appreciation (which both scored a 2.2). Pay transparency scored the least with 1.2 out of five stars.

These scores, however, do not break down how many individuals left reviews on the PayScale website.

OneBeacon Insurance Group, Ltd. pays its employees an average of $65,579 annually. Salaries at OneBeacon Insurance Group, Ltd. range from an average of $42,822 to $100,430 a year.

OneBeacon Insurance has consistently grown in volume over the years, and in doing so, they have had to hire new agents and fill other positions consistently. OneBeacon Insurance encourages all of its employees to think like owners.

This means that if they think about the company as if they were the company’s owner, they will do their very best to ensure the company is successful. By giving employees stock in the company, they know that employees have a vested interest in what happens.

OneBeacon Insurance offers many benefits for their employees, but their main focus is centered on health and wellness:

  • Health insurance – Employees are provided with comprehensive health insurance, including preventive care coverage and incentives for healthy lifestyle choices such as being at a healthy weight and not smoking. Healthcare is provided through BlueCross BlueShield of Massachusetts.
  • Dental insurance – As with their health insurance, dental insurance focuses on wellness, including preventative care and basic dental cleanings. BlueCross BlueShield of Massachusetts also administers dental insurance.

OneBeacon also offers vision insurance, long-term care insurance, fitness programs, and weight-loss incentives. All offices are tobacco-free, and those with food services offer healthy meal and snack options to promote health and wellness as a company.

Since OneBeacon has focused on health and wellness, insurance claims have decreased 22 percent.

Next, we’ll talk about another important factor that can enhance one’s company outlook — the design of their virtual components.

Design of OneBeacon Website and App

Before we get to the bottom line, we’ll briefly discuss the success of OneBeacon’s technological systems related to their website and mobile app.

OneBeacon Insurance Group Home Page

OneBeacon provides a free mobile app that can be easily downloaded from the convenience of one’s phone. Its color scheme is clear and neat, utilizing the yellow and grey hues in its logo. Because the app relies heavily on white space, text, and information become easy to view and clear to navigate.

Through the OneBeacon app, you can access company contacts (including phone numbers), as well as claims, billing, careers, and a little historical information about the company. The user experience is very friendly, and the experience is direct and to the point.

Currently, there are no reviews on the mobile app.

The mobile app is a nice one-stop place for everything, OneBeacon. You can view the website on your phone and still have a friendly user experience as well.

onebeacon website

The OneBeacon website is easy to navigate. Whether online or mobile, you can most likely find the answers to your questions without too much digging. Looking for claims or trying to get access to your insurance policy? The website allows customers to login and find their information, as well as provides a search bar in case one’s most pressing concerns aren’t addressed.

Clean, clear, and to the point, OneBeacon’s design is more than user-friendly.

Onebeacon Insurance Coverage Options

OneBeacon Insurance, a Bermuda-based holding company, has a variety of businesses that write specialty insurance products.

 

 

 

  • The insurance products offered by OneBeacon include:
  • A.W.G. Dewar ensures the tuition payments parents make. If their child withdraws from school or is dismissed, the tuition is refunded to them.
  • International Marine Underwriters writes insurance exclusively for ocean marine products and marine drilling.
  • OneBeacon Accident and Health Group protects transportation companies and corporations from expenses due to accidents that occur. It is available to any business that has a high risk of accidents.
  • OneBeacon Entertainment covers commercial entertainment industries such as sports, leisure, and concert venues.
  • OneBeacon Environmental covers businesses that have the potential to damage the environment through leakages or spills.
  • OneBeacon Financial provides specialized products to clients in both the private and public sectors. Some of these products include director’s and officer’s liability, employment practices liability, cyber liability, and financial institution bonds.
  • OneBeacon Financial Services offers insurance coverage for financial services companies and community banks’ unique needs.
  • A Hagerty auto insurance review shows they specialize in covering collectible cars and wooden boats.
  • OneBeacon Government Risk Company covers counties, districts, and municipalities.
  • OneBeacon Inland Marine covers an array of inland marine and related property coverage solutions. These are targeted toward the construction, transportation, and fine arts industries.
  • OneBeacon Management Liability aids nonprofits, for-profit, and healthcare businesses by offering professional liability insurance for D&O, EPL, fiduciary, crime, and employed lawyers.
  • OneBeacon Specialty Property deals with the property owned by marine businesses.
  • OneBeacon Surety Group offers a variety of commercial bonds, large (targeting large corporations) and small.
  • OneBeacon Technology Insurance covers the technology industry, including software and technology development.

Chances are good; they can insure the vehicle you want covered.

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Frequently Asked Questions

Does OneBeacon offer auto insurance?

No. OneBeacon doe not offer personal auto insurance. The company offers commercial insurance to an array of nonprofit and for-profit entities.

How do I get in touch with someone at OneBeacon?

OneBeacon can be reached at 1-800-662-0156. There you can get in touch with a customer service representative that can answer your questions related to OneBeacon.

If you’re looking for a specific business at OneBeacon, OneBeacon offers an extensive list of all OneBeacon representatives for their various businesses.

Lastly, if you are looking for corporate contacts, you can find these on the OneBeacon site as well.

For those who are already members of the OneBeacon family, the mobile app is a great resource that serves as a one-stop place for both business and corporate contacts alike. You can find phone numbers and email addresses to individuals employed at the company.

What is OneBeacon’s “claims” number?

Available 24/7, the OneBeacon hotline can be reached at 877-248-3455.

What is OneBeacon’s address?

OneBeacon has many locations across the US. Headquarters, however, are located at:

605 Highway 169 North, Suite 800
Plymouth, MN 55441

Who owns OneBeacon insurance?

If you’re wondering who owns OneBeacon, you might be interested to find that they are actually a subsidiary of Intact Financial.

What is OneBeacon Auto Insurance?

OneBeacon Auto Insurance is an insurance provider that offers coverage for automobiles. They provide policies that protect against various risks and liabilities associated with owning and operating a vehicle.

What types of coverage does OneBeacon Auto Insurance offer?

OneBeacon Auto Insurance offers a range of coverage options, including liability coverage, collision coverage, comprehensive coverage, uninsured/underinsured motorist coverage, medical payments coverage, and more.

How can I obtain a quote for OneBeacon Auto Insurance?

To obtain a quote from OneBeacon Auto Insurance, you can visit their website or contact their customer service. They will ask for relevant information about your vehicle, driving history, and insurance needs to provide an accurate quote.

What factors influence the cost of OneBeacon Auto Insurance premiums?

Several factors can impact the cost of OneBeacon Auto Insurance premiums, including the driver’s age, driving record, location, type of vehicle, coverage limits, and deductible choices.

Are there any discounts available with OneBeacon Auto Insurance?

OneBeacon Auto Insurance offers various discounts to policyholders, such as safe driver discounts, multi-policy discounts, good student discounts, anti-theft device discounts, and more. These discounts can help lower the overall premium cost.

Travis Thompson

Licensed Insurance Agent

Travis Thompson has been a licensed insurance agent for nearly five years. After obtaining his life and health insurance licenses, he began working for Symmetry Financial Group as a State Licensed Field Underwriter. In this position, he learned the coverage options and limits surrounding mortgage protection. He advised clients on the coverage needed to protect them in the event of a death, critica...

Licensed Insurance Agent

Schimri Yoyo

Licensed Agent & Financial Advisor

Schimri Yoyo is a financial advisor with active insurance licenses in seven states and over 20 years of professional experience. During his career, he has held roles at Foresters Financial, Strayer University, Minnesota Life, Securian Financial Services, Delaware Valley Advisors, Bridgemark Wealth Management, and Fidelity.  Schimri is an educator eager to assist individuals and families in ach...

Licensed Agent & Financial Advisor

Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.

Compare Quotes from Top Companies and Save

Enter your ZIP code below to view companies that have cheap auto insurance rates.

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