Insurance and Real Estate
Direct Compensation - Property Damage (DCPD) came into effect for automobile accidents that occurred in Prince Edward Island on or after October 1, 2015.
What does DCPD mean?
Under DCPD, consumers will be required to settle their property damages with...
Is DCPD mandatory?
Yes, DCPD is a mandatory coverage. Where it applies, your own insurer will now cover the portion of your automobile damage, contents damage and loss of use for which you are not at-fault.
Will I still need to purchase collision...
The attached list of insurers have filed with the Superintendent an undertaking under section 254.3. If you require more information about the undertaking, please contact the Office of the Superintendent of Insurance at 902-368-4550.
Effective January 4, 2022 please note that there are changes to the PEI Insurance Agent and Adjuster Licensing Process
To apply to become a licensed insurance adjuster in Prince Edward Island, submit the online form below with the completed application...
Insurance companies are required to license under the Insurance Act. The license must be renewed annually. The licensing and renewal fee is $900 payable to the PEI Minister of Finance.
How do I apply for an Insurance Company Licence?
To make...
Insurance Company Premium Tax and Automobile Levy
Bulletin - Amendments to Premium Tax and Fire Tax Rate (Effective January 1, 2017)
Premium Tax
Insurers (except fraternals) are required to pay premium tax on premiums receivable...
The Office of the Superintendent of Insurance regulates the business of insurance in Prince Edward Island. All insurers, agent and adjusters operating in the province are required to be licensed under the Insurance Act
For Consumers
We...
The PEI Superintendent of Insurance issues both full and probationary licences for insurance adjusters operating in the province. A probationary licensee must be supervised by a full licensee working from the same location. Find more information about...
Insurance agents in Prince Edward Island are licensed through the Superintendent of Insurance for the Province following the successful completion of the required insurance licensing exam. A PEI licence is valid for two years. Find more information about...
Pursant to the Real Estate Trading Act, all Real Estate Agents and Salespeople operating in Prince Edward Island must be licensed by the Registrar of Real Estate. Real Estate licences are valid for two years.
You can check whether your Real Estate...
Agent Licensing
Any real estate agent operating in PEI must be licensed through the Registrar of Real Estate in accordance with the Real Estate Trading Act.
Real Estate Agent License Search
You can check whether a real estate agent is licensed by...
Licensing
Real Estate Salesperson
Real Estate Agent - (web submission coming Spring 2023)
Legislation
Real Estate Trading Act
Real Estate Trading Act Regulations
Trust Account Reconciliation
Real estate agents are required to...
Ridesharing is a taxi-like service generally offered through the use of mobile apps to connect drivers of vehicles and those seeking local transportation. Here’s what you should know about auto insurance coverage related to ridesharing in Prince Edward...