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How much does car insurance cost in Milton in 2026?
In 2026, the average car insurance premium in Milton is $2,384 per year (about $199 per month). Premiums in Milton are 10.14% lower than the provincial average of $2,653. This makes Milton 151st out of 181 Ontario communities for car insurance affordability.
How Rates.ca finds the average car insurance premium
Rates.ca’s Auto Insuramap is an interactive map that shows how car insurance rates compare across Ontario’s forward sortation areas (FSA).
The estimated premiums for each FSA are based on the average of the three lowest premiums quoted. These quotes were acquired from Rates.ca using a specific driver profile: a 40-year-old male driver with 16 years of continuous insurance history, driving a four-door Honda Civic that is approximately five years old at the time of quoting.
Very young men tend to pay more for car insurance than young women. We made our driver persona 40-years-old because the differences in premiums for men and women tend to resolve by then. We also made it male to avoid understating the premiums.
From there, we matched the FSAs to their corresponding city, town, or community, along with the number of quotes we received from real Rates.ca users in that area. The average premium for each municipality was weighted based on the number of quotes.
The estimated premium for all of Ontario was calculated by averaging the municipal averages.
Key numbers: Milton car insurance
- Drivers in Milton pay an average of $199 per month and $2,384 per year for car insurance.
- Milton is 151st out of 181 Ontario communities for car insurance affordability.
- Rates vary by postal code within Milton. Premiums are lowest in L0P at $2,154 and highest in L9T at $2,405.
- After years of increases, premiums are stabilizing — now is a good time to shop around and compare quotes.
As of March 2026
Changes coming to Ontario car insurance in 2026
Car insurance prices in Ontario will continue rising in 2026, but not as sharply as they did in 2023. Still, many drivers may notice higher premiums when their policies renew this year.
- Factors like increasing healthcare costs, cars being more high-tech, and auto theft are leading to higher insurance claims payouts. Insurance companies have raised premiums to cover these costs.
- On July 1, new rules will also change how accident benefits work in Ontario. Some benefits that used to be included automatically will now become optional.
- If you get a new policy after July 1, many accident benefits will not be included unless you ask for them.
- Choosing to do away with the newly optional accident benefits may save up to 5%, but you could lose access to tens of thousands of dollars in critical benefits.
- With the cost of everything rising, it can be tempting to cut down on coverage. Comparing car insurance quotes can help you save without giving up protection.
Milton auto insurance rates compared to the GTA
According to Rates.ca data, drivers in Milton pay about $2,384 per year for auto insurance as of March 2026.
Drivers here pay premiums that are higher than in Burlington, which is the cheapest city for car insurance in the GTA at $2,109 per year.
However, insurance costs in Milton are lower relative to the premiums in Brampton, the most expensive city in the region at $3,802 per year.
Compared to the GTA’s overall average premium ($3,072), car insurance rates in Milton are 22.4% lower.
Car insurance premiums depend on many factors, such as the number of claims in an area, the amount of time drivers spend on the road, and each driver’s personal and insurance history.
Milton vs. the GTA: average car insurance rates (2026)
| Rank | City | Annual premium | Difference vs. Milton (%) |
|---|---|---|---|
| 1 | Burlington | $2,109 | -11.54% |
| 2 | Oakville | $2,167 | -9.10% |
| 3 | Uxbridge | $2,175 | -8.77% |
| 4 | Port Perry | $2,193 | -8.01% |
| 5 | Whitchurch-Stouffville | $2,203 | -7.59% |
| 6 | Newcastle | $2,235 | -6.25% |
| 7 | Sunderland | $2,260 | -5.20% |
| 8 | Orono | $2,269 | -4.82% |
| 9 | Newmarket | $2,275 | -4.57% |
| 10 | Halton Hills | $2,317 | -2.81% |
| 11 | Georgina | $2,380 | -0.17% |
| 12 | Milton | $2,384 | 0.00% |
| 13 | Aurora | $2,397 | 0.55% |
| 14 | East Gwillimbury | $2,399 | 0.63% |
| 15 | Bowmanville | $2,407 | 0.96% |
| 16 | Courtice | $2,435 | 2.14% |
| 17 | Whitby | $2,483 | 4.15% |
| 18 | Richmond Hill | $2,491 | 4.49% |
| 19 | Oshawa | $2,559 | 7.34% |
| 20 | Pickering | $2,650 | 11.16% |
| 21 | Ajax | $2,692 | 12.92% |
| 22 | Caledon | $2,794 | 17.20% |
| 23 | Downtown Toronto | $2,888 | 21.14% |
| 24 | King City | $2,894 | 21.39% |
| 25 | Markham | $2,900 | 21.64% |
| 26 | Mississauga | $3,078 | 29.11% |
| 27 | Scarborough | $3,180 | 33.39% |
| 28 | East York | $3,207 | 34.52% |
| 29 | Vaughan | $3,259 | 36.70% |
| 30 | Etobicoke | $3,277 | 37.46% |
| 31 | North York | $3,348 | 40.44% |
| 32 | Brampton | $3,802 | 59.48% |
GTA average premium: $3,072
Updated March 2026
Milton car insurance rates by postal code
The lowest average premium in Milton is found in the L0P area, where drivers pay $2,154 annually. Meanwhile, drivers in L9T have the highest average premiums at $2,405 per year.
Car insurance rates in Milton vary by postal code. Differences in neighbourhood characteristics — such as claims frequency, collision rates, theft patterns, and traffic density — influence what drivers in any given area pay, since insurers use these factors to predict how likely customers will be to file a claim.
Milton car insurance: average premiums by postal code (2026)
| Rank | Postal code | Annual premium | Monthly premium |
|---|---|---|---|
| 1 | L0P | $2,154 | $180 |
| 2 | L9E | $2,349 | $196 |
| 3 | L9T | $2,405 | $200 |
Why we don't show complete postal codes
The first three characters of your postal code signfy the forward sortation area (FSA). An FSA covers a specific geographic region used to sort and deliver mail. Each FSA contains multiple postal codes.
Auto insurers also use FSAs to understand risk in an area. For example, if an FSA has more accidents or vehicle thefts than average, insurers may see that area as higher risk. This can lead to higher insurance premiums for people who live there.
We look at premiums at the FSA level because it shows clearer, more reliable pricing patterns. Since each FSA contains many postal codes, using the whole FSA helps smooth out small differences between individual addresses and gives a more accurate view of trends in your area.
Recent auto insurance quotes in Milton
Recent auto Insurance Quote from Milton, Ontario
Male, 21 years old
2014 TOYOTA COROLLA S 4DR
June 20, 2026
Cheapest Quote
$ 433 / month
$ 5,192 / yearAverage Quote
$ 654 / month
$ 7,851 / yearSavings
$ 222 / month
$ 2,659 / year
34 %
Recent auto Insurance Quote from Milton, Ontario
Male, 29 years old
2013 TOYOTA COROLLA CE 4DR
June 20, 2026
Cheapest Quote
$ 307 / month
$ 3,684 / yearAverage Quote
$ 438 / month
$ 5,255 / yearSavings
$ 131 / month
$ 1,571 / year
30 %
Recent auto Insurance Quote from Milton, Ontario
Female, 27 years old
2022 BMW X3 30I 4DR 2WD
June 20, 2026
Cheapest Quote
$ 609 / month
$ 7,311 / yearAverage Quote
$ 872 / month
$ 10,463 / yearSavings
$ 263 / month
$ 3,152 / year
30 %
Auto insurance quotes are compared from CAA, Coachman Insurance Company, Echelon Insurance, Economical Insurance, Gore Mutual, Pafco, Pembridge, SGI, Travelers, Zenith Insurance Company
The best car insurance companies of 2026
Drivers should always compare multiple quotes to find the best policy for their needs, and that doesn’t always mean the lowest-priced premium. Instead, a great rate should provide value and quality, with attentive customer service, an easy claims process, and personalized policy offerings.
The Rates.ca Annual Best Auto Insurance Study surveyed 14,676 auto insurance customers in Ontario about their experiences with Canada’s top auto insurance providers. These customers are from five major insurance brokerages that collectively serve more than 220,000 personal line customers.
Customers were asked about their satisfaction levels across multiple categories, from claims processing to ease of communication, as well as coverage options and overall trustworthiness.
Here are the top-ranking auto insurance companies in 2026.
Rates.ca Annual Best Auto Insurance Study 2026
CAA Insurance Company
About the winner
CAA Insurance Company ranks as the top insurer for the third year in a row, also placing first in: Most Trustworthy, Best Product & Value, and Best Communication & Clarity.
Customers praise its low rates and strong claims service. Many use its recommended repair shops.
Its products address real needs, like MyPace, which rewards low-mileage drivers skeptical of traditional usage-based insurance.
Key takeaways
- CAA Insurance leads the market with strong customer satisfaction.
- Competitive rates are the top reason customers choose it.
- The company scores highly for product value, meeting customer needs, and policy innovation.
- It also excels in communication clarity, with nearly all respondents satisfied with their policy documents and over half reporting they are very satisfied.
Intact Insurance
About the winner
Intact Insurance achieved outstanding scores for its claims process. Customers find Intact reps easy to reach, knowledgeable, and proactive. The vast majority report quick claims resolutions.
Over half of customers bypassed their broker and went straight to Intact, underscoring its reputation for hassle-free service.
Of all insurers, Intact Insurance customers are also the most likely to use the company’s app for updates.
Key takeaways
- Intact Insurance is a trustworthy brand, according to the majority of customers surveyed.
- Top-ranked for ease of its claims process; customers say it’s clearly outlined and that reps are helpful.
- Quick claims handling drives satisfaction, with nearly two-thirds of those very satisfied.
- Intact Insurance customers are more likely to reach out directly than calling their broker.
Northbridge Insurance
About the winner
Northbridge Insurance promises quick support: calls are answered within 20 seconds, and an adjuster follows up within three hours.
This speed and efficiency helped drivers rank it among Canada’s best car insurers.
It earns strong marks for claims experience, and customers say it delivers solid value for the premiums they pay without compromising service.
Key takeaways
- Northbridge Insurance is a trustworthy brand according to survey respondents.
- Earned top marks for claims experience across virtually all aspects of the claims process
- Ease of claims handling and expert representatives are key strengths for Northbridge Insurance.
- High ratings for product offerings and overall value.
How we got our ranking
To properly evaluate how great an insurance company is, you have to look way beyond online reviews. In collaboration with Pollara Strategic Insights, we surveyed 14,676 drivers in Ontario about their interactions with their insurers and specific experiences when filing claims to capture new trends and evolving expectations.
According to our methodology, we also asked them to rate their satisfaction with their insurance companies across a few critical areas, including: brand trustworthiness, claims experience, communication, products and billing.
This year, we also expanded the field and allowed insurers to rank for the following titles:
- Best Overall
- Most Trustworthy
- Best Auto Claim Experience
- Best Product & Value
- Best Communication & Clarity
To find the best overall scores, we took the scores for each survey category and weighted averages based on customer demographics, brokerage and insurance carrier.
Mandatory and optional car insurance in Milton
| Protection type & status | Coverage details & risks |
|---|---|
| Third-party liability [MANDATORY] | $200,000 minimum in coverage is required. Provides coverage in the event of a lawsuit resulting from an accident where you are at fault. Ontario drivers are encouraged to buy at least $1M in third-party liability insurance. |
| Accident benefits: Basic medical & rehab [MANDATORY] | Provides coverage if you are injured in an accident, regardless of who is at fault. Covers medical expenses that aren’t covered by OHIP. |
| Accident benefits: Income & family support [OPTIONAL] | Replaces lost wages, caregiver costs, and funeral expenses. After July 1, 2026, this coverage is no longer included by default on new policies; you must actively opt-in to keep your income safety net. Renewing policies will keep this coverage. |
| Uninsured automobile [MANDATORY] | Provides up to $200,000 in coverage if you are injured or killed by an uninsured driver, or if your vehicle is damaged as a result of a hit-and-run by an unidentified, uninsured motorist. |
Direct compensation property damage [OPTIONAL] | DCPD is a standard coverage. It covers damage to your car, or loss of use of your vehicle, if someone else is at fault. DCPD is automatically included in all policies, but an insurance professional can remove it using form OPCF 49. Insurance experts, as well as the Ontario regulator, warn against this. |
| Collision [ADD-ON] | Covers the costs of repairing or replacing your vehicle following a collision with another vehicle, an object, or property. Usually required for leased vehicles. |
| Comprehensive [ADD-ON] | Covers damages caused by named perils identified under the specified perils coverage, as well as losses from other perils like falling or flying objects, theft, fire, hail, windstorms, missiles, and vandalism. Usually required for leased vehicles. |
| Specified perils [ADD-ON] | Covers damages caused by named perils such as theft, attempted theft, explosions, natural disasters like fire, lightning, windstorm, hail, rising water, earthquakes, and also other perils specified in your policy. Specified perils do not cover damages due to vandalism, breakage of glass, etc. |
| All-perils [ADD-ON] | Combines collision/upset and comprehensive coverage. Also provides additional protection if a household member or an employee steals your vehicle. |
| OPCF 20: Replacement vehicle [ADD-ON] | Covers the cost of your transportation replacement and rental car insurance if you were to get into a car accident or if your vehicle is stolen. |
| OPCF 27: Rental car liability [ADD-ON] | Covers if you damage a borrowed or rental vehicle. The coverage limit is usually around $25,000 to $50,000. |
| OPCF 39: Accident forgiveness [ADD-ON] | Protect your premium from rising when you have your first at-fault accident. |
| OPCF 43: Depreciation waiver [ADD-ON] | Protects you by removing your insurer's right to deduct depreciation from the value of your vehicle when settling a claim. This coverage is for new vehicles with fewer than 5,000 kilometres. |
| OPCF 44R: Family protection [ADD-ON] | Increases your coverage if you're injured or killed in a collision involving an underinsured, uninsured, or unidentified driver. This coverage also applies if you or a family member is injured as a passenger, pedestrian, or cyclist. |
| OPCF 49: DCPD opt-out [ADD-ON] | Removes DCPD coverage from your insurance policy. |
| Legend | Essential: Critical coverage you should always have, with few exceptions Caution: Think carefully before removing Optimal: Useful add-on |
Your driving record
Your driving record is one of the factors that have the most influence on your premium and one you have the most control over.
Building a track record free of traffic convictions — speeding, driving under the influence, and driving without a license, for example — will ensure you pay the lowest possible rate.
Staying free of convictions takes work, but it’s even harder to clear your record once there's something on it. If you’re convicted under the Highway Traffic Act, the conviction will remain on your record for six years.
Being a safe driver doesn't make an immediate difference on your premiums, but it's guaranteed to work. Stick to it, and you’ll see your premium shrink each year at renewal time.
Your insurance history
Your insurance history is another influential factor you have a good deal of control over.
In the insurance industry, the past is a good indicator of future behaviour, which is why insurers are not usually forgiving if you make a misstep, and why it takes years to be absolved.
To build up a strong reputation with your insurer, make sure you:
- Pay your premium on time
- Are truthful about the car you're insuring and where you live.
- Are selective about filing claims – if you can afford to pay out of pocket, do so.
- Practice defensive driving.
Unfortunately, drivers in their teens and twenties are hit with some of the highest rates of all demographics simply because they haven't yet built enough history with an insurer.
Your coverage
Purchasing more insurance than what's required by the Ontario government will result in higher premiums.
However, this can end up being a money-saving strategy.
For example, legal expenses and medical costs have increased steeply since the Ontario government set the minimum benefit amounts. It's prudent to purchase more coverage in these areas.
Another scenario where it might make sense to buy more insurance is if you have a car less than three years old. Replacing a new car out of pocket is out of reach for most people.
An insurance professional can help you decide whether enhancing your policy is worth your while.
Your neighbourhood
Insurance companies use forward sortation areas (FSAs) to determine boundaries.
Your FSA is indicated by the first three letters of your postal code
Depending on the claims activity by other policyholders in an FSA, premiums can be high or low. More claims result in higher premiums and vice versa.
Your commute
You'll pay higher insurance premiums if you take the car to work every day in Toronto over someone who only uses their vehicle occasionally. The more time you spend on the road, the greater the likelihood you'll need to file a claim eventually.
Tips on getting cheap car insurance in Milton
1) Compare quotes
Both the Ontario and Canadian governments recommend comparison shopping before you decide on an insurance company. Rates.ca makes shopping around easy by aggregating quotes from Canadian insurance providers.
2) Increase your deductible
For some insurance coverages, you need to pay a certain amount before your insurance company will release the rest of your benefit and settle the claim.
When you offer to pay a higher deductible, you save the insurance company money. They will often reduce your premium in return.
3) Get the appropriate amount of coverage
Working with an insurance professional will ensure you're enhancing your car insurance coverage in the right areas.
For example, purchasing more liability insurance and accident benefits is a good idea than only carrying the provincially mandated minimum.
But if your car is over five years old (and not leased or financed), you may not need collision or comprehensive coverage.
Check with an insurance professional once a year to see that you're not overspending on coverage.
4) Drive less
If you're one of the millions of Ontarians who have transitioned to remote work, then definitely let your insurance company know.
Cutting down on driving will reduce your premiums.
That's because the statistical likelihood of you needing to file drops when you spend less time on the road.
5) Bundle home and auto insurance
Bundling home and auto coverage with the same insurance company can reduce your annual insurance costs by up to 15%.
6) Try telematics
Several Ontario insurance providers now offer telematics programs.
Telematics is a technology that allows insurers to monitor your driving habits.
A device is installed into your car's onboard diagnostic port and can detect things like how hard you brake, average speed, and the number of kilometres you drive.
If you're able to demonstrate you're a safe driver, your insurance company will reward you with a reduced premium at renewal.
The reductions can be steep – up to 25% in some cases.
However, Ontario insurance companies now have the right to penalize you based on data collected through telematics.
So, unless you know you're a good driver — or if you have a secondary driver listed on your policy that you're iffy about — enrolling in telematics could backfire.
7) Pay for the year upfront
To say ‘thanks’ to customers, insurance companies offer discounts for paying your entire insurance bill at renewal.
8) Apply for discounts
Companies offer discounts to drivers based on their alumnus status, profession, and even membership in a union.
Some even offer discounts to post-secondary students for maintaining a certain grade point average.
9) Avoid additional drivers
Adding a second driver to your insurance policy will increase your premium.
Suppose a household member uses your car semi-regularly. In that case, it's a good idea for them to be listed as a driver.
You may consider asking them to chip in on insurance, though.
10) Buy an endorsement
Endorsements are optional car insurance coverages that alter the terms of your insurance policy.
Unlike other optional forms of insurance that enhance your coverage, like collision or comprehensive insurance, endorsements can be used to reduce your coverage in one area.
For example, you can waive coverage for glass repair in exchange for a lower premium.
Talk to an insurance professional about whether this tactic makes sense for you.
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Frequently asked questions about car insurance in Milton
Here's everything you may be wondering about car insurance in Milton, Ontario.
Which company has the cheapest car insurance in Milton?
The best way to find the answer is to compare quotes from multiple insurance companies.
Insurance is different from other services you purchase.
Insurance companies are selective about who they take on as customers — they have to be sure they have enough funds to fulfill their obligations to their current customers — so they don't overtly compete with other insurers on price alone.
Insurance companies tailor the price of coverage to match the risk they believe you present. Every insurer will assess your risk differently.
That's why it's essential to compare car insurance companies before you buy a policy — the rates you're offered can vary by hundreds of dollars.
What are the best car insurance companies in Milton?
We assume that ‘best’ means the most coverage at the cheapest price.
The answer to this question will be different for everyone because no two insurance companies will use the same criteria to evaluate you and price your policy.
To find out which company can offer you the lowest rates, compare quotes from multiple insurance companies.
From there, you can judge which one is truly the best for you.
Can I get month-to-month car insurance in Milton?
Month-to-month insurance coverage isn't available in Milton; however, select insurance companies offer policies that are six months long instead of the usual term of one year.
Because those contracts are relatively hard to find, you may have to purchase a conventional policy and cancel it when you no longer need it. You'll be charged a fee for cancelling before your renewal period (usually a percentage of your annual premium).
Another option is pay-as-you-go insurance, also known as usage-based insurance (UBI). This is a relatively new product in Ontario, and it's geared toward low-mileage drivers. It's not like a pay-as-you-go cellphone plan. Instead, you purchase coverage for a base number of annual kilometres (usually 10,000 km or less), and you pay extra for any kilometres you log on top of that. It requires installing a monitoring device in your car so your insurer can track the number of kilometres you drive.
Some endorsements allow you to pause your insurance coverage. For example, O.E.F. 16 Agreement for Suspension of Coverage Endorsement suspends coverage if the vehicle is in storage.
Talk to an insurance professional about usage-based policies and/or endorsements.
How do I get car insurance as a new driver in Milton?
The same way a veteran driver would: through an insurance agency, a brokerage, or a rates comparison site like Rates.ca.
An insurance agent can only show products sold by the company they work for, while a broker can show you rates from multiple insurance companies, but not other brokerages.
That's where rate comparison sites come in.
We include agencies and multiple brokerages in our digital marketplace, making the playing field much more competitive.
In less than three minutes, you'll be able to see the rates from 50+ insurance providers, starting with your lowest one.
Is ride sharing insurance available in Milton?
Yes, ride-sharing insurance is available throughout Ontario, including Milton.
All legal rideshare companies in the province offer insurance to drivers.
Commercial insurance coverage applies from the moment you turn on the app. When you're not logged on, your personal insurance applies.
The Financial Services Regulatory Authority of Ontario maintains a list of all the recognized rideshare apps and the insurance companies that underwrite their driver policies:
- Facedrive – Northbridge General Insurance Corporation
- Lyft – Aviva Insurance Company of Canada
- RideCo – Northbridge General Insurance Corporation
- Uber – Economical Mutual Insurance Company
- Uride – Northbridge General Insurance Corporation
- NRT OnDemand – Hartford Fire Insurance Company of Canada
- Zoom Innovations Inc. – Northbridge General Insurance Corporation
- Y Drive - Northbridge General Insurance Company
- M Ride Inc. - Northbridge General Insurance Company
Milton car insurance rules and regulations you need to know
Milton follows Ontario's auto insurance system, which can be described as a limited no-fault system. When drivers who live in a no-fault province get into an accident, it doesn't mean no one will be held responsible for the collision. It means that drivers are reimbursed by their insurance company for their legal and medical expenses — which their insurance policy entitles them to — regardless of whether they caused an accident.
Before 1990, when no-fault was introduced to Ontario, drivers had to sue the other party's insurance company for compensation. The result? It took a long time for people to access the money they needed. It was a protracted and costly process due to the involvement of the courts.
Today, insurance companies work together on their policyholders' behalf to determine fault, which has reduced the courts' involvement in claims settlements.
The trade-off of the no-fault system is that the province limits your ability to sue for damages that aren't covered by your insurance plan. For example, pain and suffering and economic loss. In a pure no-fault system, like the one in Quebec, you can't sue for these things, period. In Ontario, you do have the ability to sue for damages. However, you have to be able to demonstrate that your case passes a provincially-set threshold.
Another hallmark of a no-fault system is direct compensation property damage (DCPD). This coverage, which is available in Ontario, ensures that if you're found to have not caused an accident, your insurance company will pay to replace or repair your vehicle, and your premium won't be impacted.
Since it's possible to be somewhat responsible for an accident (for example, you can be found 25% or 50% at fault), you can still access your DCPD benefit if you're partially at fault. Your insurer will give you an amount proportionate to the amount you're not at fault for.
The Ontario Insurance Act includes a section covering fault-determination rules, including many collision scenarios.
Car insurance is mandatory in Ontario and across Canada, which is why it's a heavily regulated industry. Because insurance is so important, some provinces have even opted to take the industry public. Drivers purchase insurance from a Crown corporation in B.C., Manitoba, and Saskatchewan. It's done at the same time as you register your vehicle.
Ontario has a private market, meaning drivers have choices when it comes to their insurance provider.
Still, to ensure that premiums are affordable for drivers (since all drivers need coverage), a provincial body oversees the regulation of prices. The body overseeing the car insurance industry is the Financial Services Regulatory Authority of Ontario (FSRA). Insurance companies must submit requests to change their rates to FSRA along with a justification for the increase or decrease.
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Alexandra Bosanac, Content Manager
Alexandra Bosanac has been a content manager for Rates.ca since 2021, specializing in auto insurance. She began covering auto insurance in 2017. Alexandra has a bachelor's degree in journalism from Toronto Metropolitan University. Before joining the Rates.ca editorial team, she reported for the Canadian Business, the Toronto Star, the National Post, and the CBC.
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Disclaimers
*More than 50% of Rates.ca users in Ontario who obtained an auto insurance quote from January to December 2025 saw savings ranging from $250 to $1,050, with an average savings of $583.87. The average savings amount represents the difference between the users’ average lowest quoted premium and the average of the second and third lowest quoted premiums generated by Rates.ca.
**The Registered Insurance Brokers of Ontario (RIBO) is the self-regulatory organization in charge of overseeing insurance brokers working in the province. Its mandate is to protect the public by ensuring that brokers meet provincial standards for licensing, professional competence, and ethical conduct. It maintains a public database of registered brokers, which displays a broker's licensing status and their standing within RIBO.