Home-Based motorcycle insurance broker (affiliated)

Insurers pay you (through the brokerage) a commission for each policy placed and renewed. Riders usually pay their premium, not a fee to you.

Commission on new policies and renewals, usually shared with the brokerage under your agreement. Income builds as your client base renews each year, and it is seasonal because many riders only insure for the riding months.

• Explaining insurance clearly
• Sales and follow-up
• Attention to detail with forms
• Knowledge of or interest in motorcycles

• Licensing rules and exams differ by province, and Quebec has its own regime, so check with your provincial regulator
• Errors and omissions insurance, which you may need to carry or be covered for through the brokerage
• In provinces with public basic auto insurance, check which motorcycle cover private brokers can actually sell
• Commission splits, ownership of your client list and contract terms if you leave the brokerage
• Marketing and privacy rules when you collect riders' personal information

Startup costs are typically around $1,000 to $4,500, depending on your licensing route, insurance and the arrangement with your brokerage. These are estimates, so confirm current requirements with your provincial regulator and the brokerage you plan to join.

Monthly revenue is typically around $500 to $4,500, depending on how many riders you place and renew and on your commission split. These are estimates, not guarantees, and results usually build over time.

Licensing rules and exams differ by province, and Quebec has its own regime, so check with your provincial regulator. Also check errors and omissions cover, which motorcycle cover private brokers can sell where basic auto insurance is public, and commission and contract terms.