2.7/5 (5 Reviewers)
Read Reviews Leave Review

Beacon Underwriting Ltd. offers very specific lines of insurance for business owners, and for people who have substantial personal financial resources. This is one of the few Canadian insurance companies that has been able to find large scale success offering niche insurance products through a wide network of brokers.

For many customers, Beacon Underwriting Ltd. is the only place they need to go for their business and personal insurance. It is that one-stop shopper who has helped to build this company into a Canadian giant.

Beacon Underwriting offers:

  • Commercial marine, pleasure boat, mobile home, and RV insurance
  • Specialized coverage for the entire hospitality industry
  • Homeowners insurance coverage for those who have problems getting approved

Beacon Underwriting Ltd. has a corporate culture filled with professionals who utilise a large network of providers to create unique solutions. After decades of becoming experts in niche insurance products, Beacon Underwriting Ltd. has created an aggressive attitude that seeks to solve customer issues that other insurers cannot.

Beacon Underwriting Insurance Quotes

Get a Quote now

Speak to one of our specialist brokers for a quote from Beacon Underwriting Ltd. as well as 40 other insurers available to the Ontario market: rnSpeak with a broker today: 1-800-731-2228

Beacon Underwriting’s Strengths

Any consumer who has had a hard time finding the right insurance for their needs may benefit from a quote from Beacon Underwriting Ltd. Beacon’s goal is to take the reigns off of the idea that insurance should only be done a certain way, and give consumers the customized solutions they have been looking for.

  • Unique Niche Coverage – Beacon Underwriting Ltd. got its start underwriting insurance for rental boats, charter boats, and recreational watercraft. That pioneering spirit has driving the company to become on of the largest niche insurance underwriters in the country.
  • Constantly Expanding Lines – Beacon Underwriting Ltd. is still in the process of growing, so consumers get a growing list of coverage options that are bound to fit their needs. Since the company is still in the process of establishing its product lines, there is plenty of room for custom solutions that could become widespread offerings over time.
  • Quality Insurance Networks – Beacon Underwriting Ltd. has been associated with Lloyd’s for many years, and that has only helped to expand its network of quality insurance carriers to improve their product offerings. Beacon Underwriting Ltd. draws products and information from only the finest suppliers in the insurance industry.

Beacon Underwriting’s Insurance Products

The broad range of products offered through Beacon Underwriting Ltd. can be brought together to compliment each other in a wide variety of ways. As the company grows, its offerings will also grow to meet the increased demands of clients.

  • Commercial Marine – Clients can get coverage for everything from small recreational watercraft to their fleet of commercial fishing boats.
  • Contents-In-Storage Insurance – Beacon Underwriting Ltd. offers low deductible policies to protect your items in storage. Coverage amounts are customized to fit the client’s needs.
  • Mobile Home Program – Beacon Underwriting Ltd. offers comprehensive liability coverage for mobile homes 30 years of age and younger. You can get up to $2 million in liability coverage for your mobile home and surrounding lot.
  • Recreational Vehicle Protection – You can get comprehensive coverage for your off road vehicle such as an ATV, dirt bike, snowmobile, and four-wheelers. Coverage includes replacing stolen riding gear, replace stolen locks, and an optional clause for medical rescue services.
  • Pleasure Craft and Personal Watercraft Protection – All risk – agreed value policies that will offer up to $5 million in protection.
  • Special Events – If you have an event or any kind of large gathering coming up, then Beacon Underwriting Ltd. can help protect you from any financial damage that could occur if a guest gets injured with event liability insurance.

Beacon Underwriting Insurance Quotes

Get a Quote now

Speak to one of our specialist brokers for a quote from Beacon Underwriting Ltd. as well as 40 other insurers available to the Ontario market: rnSpeak with a broker today: 1-800-731-2228

Beacon Insurance Reviews

2.7/5 (5 Reviewers)
0.5 stars
1 stars
2 stars
3 stars
4 stars
5 stars
Application Process
Claims Process
Rate stability
Document delivery
Beacon Underwriting Ltd.
Head Office:
290 Alexander Street, PO Box 370, Salmon Arm, BC V1E 4N5, Canada
Phone Number: 1-855-535-0554
Rating: 0.5 0.5 /5 stars

Will insure you for $90,000 – and then say it’s only worth less than half of that when you have a fire.

This is an incredibly predatory insurance company. We had a lightening strike; the loss was assessed at $63K, and we opted to have Beacon take care of the repairs.

They let the “emergency repairs” go on for FIVE months to do JUST the tear out. Two people could have done it in a weekend.

When the actual repairs were finally done under Beacon’s supervision, we ended up with two different thicknesses of gyprock butted up against each other, holes where the ceiling didn’t reach the walls covered up with strips of trim, ash and char still around the furnace, etc.

Ultimately sent pictures to the president of the company. Who named a new adjuster – who promptly halved the value of the claim. And Beacon then refused to pay the contractor who they had engaged to do the repairs – the contractor then went after us for the work they had done which Beacon hadn’t paid them for.

Oh, there’s more! Including the water that suddenly started coming out from under the new floor – which Beacon said was from a “long term leak around a window”. Supposedly the flooring company put the new floor down over plywood covered with water – really? It was actually bathroom water service fittings a contractor working on the house had forgotten to tighten.

In the end, we ultimately lost our house, had to pay the contractor because we couldn’t afford to fight either Beacon or the contractor in BC Supreme court.

To add insult to injury, they canceled our insurance policy when we complained.

If your insurance broker suggests Beacon Underwriting, run the hell in the other direction.

This company is the poster child for what makes people mistrust insurance companies.

Bruno Fox
Rating: 2 2 /5 stars

I had a insurance for my Sailboat, paid for 10 years, never had a claim and was refused this year. Saying Boat is over 50 Years old

Rating: 2 2 /5 stars

Don’t have a claim or you’ll be looking for a new underwriter

Dawn Critchey
Rating: 4 4 /5 stars

Awesome service

Beacon offers awesome service and products and is fantastic in regards to handling claims

Rating: 5 5 /5 stars


I love these guys