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Auto Insurance Brokers in Calgary

Get the cheapest deals on auto insurance.

Compare Calgary car insurance quotes from top providers

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Written by Joel Kranc

About auto insurance brokers

What is an auto insurance broker?

Insurance brokers generally work with you to find out about your needs and what insurance policies and providers will work for you. Auto insurance brokers do this to help you find the right auto insurance.

They are licensed to sell insurance and work with a variety of vendors offering a variety of products to consumers. Oftentimes these auto insurance brokers can help you with home or other types of insurance.

How to become an auto insurance broker in Calgary?

The Alberta Insurance Council (AIC), formed under the Alberta Insurance Act, facilitates licensing and regulation of insurance agents, brokers, and independent adjusters in the province. Individuals living in Calgary who are interested in professional qualifications and obtaining licenses for becoming agents, brokers, and independent insurance adjusters, must appear for an examination conducted by AIC in person. For additional details on the examination, visit the Alberta Insurance Council website.

What’s an insurance brokerage?

A brokerage firm or brokerage company is a middleman who connects buyers and sellers to complete a transaction for insurance and possibly other financial instruments.

Brokers are compensated in commissions or fees that are charged once the transaction has been completed.

How to start an auto insurance brokerage?

A business owner interested in starting an insurance brokerage must apply for licenses issued by Alberta Insurance Council (AIC). Online applications for insurance agencies and their "Designated Representative” must be submitted to the agent’s recommending insurer before they can be reviewed and processed by the AIC. The first step in getting a license is to apply for a Canadian Insurance Participant Registry (CIPR) number. For more information on the application checklist, dos and don’ts of applying, etc., visit the AIC website.

How can an auto insurance broker help me find the best car insurance rates?

The best part of working with an auto insurance broker is that they are not tied to or attempting to sell any one product.

Brokers will work with a variety of insurance companies to help you get the best rates possible. Having the ability to compare and contrast rates and policies can help you save money and get the policy that best suits your auto insurance needs.

Insurance broker vs. Insurance agent vs. comparison website

Brokers, agents and comparison websites all offer different but complimentary services.

Brokers can assist you by offering products from a variety of insurance companies and finding the best ones that work for you.

Agents generally work for one company and can only offer auto insurance from one vendor. No comparison shopping will occur.

Comparison sites, like RATESDOTCA, give you a quick and efficient way to compare rates and find the lowest price rates that meet your needs. They can also help you connect with brokers who can assist you when you’ve made up your mind on the best option to choose.

Top car insurance brokers in Calgary
Insurance Companies Phone Address
Allstate Insurance: Calgary West Agency 1(587)317-3517 7337 Sierra Morena Blvd. SW Unit 30, Calgary, AB T3H 3V4
Insurance Hotline 1 (855) 821-7312 360 Adelaide St. W. Suite 100, Toronto, ON M5V 1R7
Lakeview Insurance Brokers 1(403) 287-2521 4704 1 St. SW, Calgary AB, T2G 0A1
LowestRates.ca (604) 829-3714 730 Alexander St. Unit #1, Vancouver, BC V6A 1E3
RATESDOTCA 1 (844) 726-0907 360 Adelaide St. W. Suite 100, Toronto, ON M5V 1R7
Scoop Insurance 1(866) 456-6620 300 Lincoln St. Unit 22, Welland, ON L3B 4N4
Sharp Insurance 1(403)590-2008 1331 Macleod Trail SE #300, Calgary AB, T2G 0K3
Westland Insurance 1(403) 257-0790 28 McKenzie Towne Ave. SE #3, Calgary AB T2Z 3S7

Frequently asked questions about Calgary insurance brokers

Find out what you need to know about insurance brokers in Calgary.

How much is the average car insurance in Calgary?

A 35-year-old man driving a 2018 Honda Civic will pay an average of $2,230 for auto insurance in Calgary – lower than the Alberta average of $1,991.

Should I use an insurance broker to find car insurance in Calgary?

Everybody’s situation is different. However, using an insurance broker or comparison site to find car insurance in Calgary can be quite useful.

Brokers will do the comparison shopping for you and will work with you to ensure you get the best policy to fit your driving and financial needs.

Do I have to pay an insurance broker?

Insurance brokers get paid, just not by the consumer or client. Brokers are paid by insurance companies but are still bound by fiduciary duty to act in the best interests of their clients

How do auto insurance brokers make money?

Auto insurance brokers make their money from the insurance companies they represent (and/or sell their products).

Do I get higher auto insurance rates from auto insurance brokers than insurance companies.

Auto insurance rates are generally not higher when working with a broker. Insurance companies like to work with brokers because they bring them business.

Is RATESDOTCA an insurance broker?

RATESDOTCA makes it easy for consumers to search the entire market of auto insurance (among other insurances). It only takes a few clicks to be matched with a range of quotes from Canada’s top insurance providers.

RATESDOTCA owns the Welland-based Scoop Insurance brokerage (formerly Kanetix Ltd.)

Who licenses insurance brokers in Alberta?

Under Alberta’s Insurance Act, all agents and brokers must be licensed by the Alberta Insurance Council.

Where can I find the best car insurance brokers in Calgary?

Finding the best car insurance brokers in Calgary starts with research. Using RATESDOTCA is a great start to receive fast, free, online quotes from some of the top insurance providers in Calgary.

Sites like Brokerlink.ca can also assist in finding insurance brokers.

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