Who can sell auto insurance?

When it comes to purchasing auto insurance, it’s essential to work with licensed insurance representatives. These professionals are the only individuals authorized to sell insurance, ensuring you receive legitimate and regulated services.

There are three ways to purchase auto insurance. Insurance can be sold through an office, a call centre or a website. The one you select is a matter of personal preference. There are three types of insurance representative who can sell you insurance:

1. Agent – An insurance agent sells the products of one insurance company. The agent provides information about the insurance products and pricing for that company.
2. Broker – An insurance broker has contracts to sell insurance for more than one insurance company. The Insurance Brokers Association of Alberta can help you find a broker in your area.
3. Restricted Insurance Agent - A business selling vehicle protection products must hold a restricted license authorizing the business, through its employees, to transact that type of insurance - including, but not limited to, automobile dealerships, sales finance companies, vehicle rental agencies, etc.