1-866-956-5959 assurance@farciq.com

Our mission: Protect our policyholders’ assets through professional liability insurance.

 Role :

Our role is divided into three parts.

First, we offer coverage in case of fault, error, negligence or omission that may be committed by the brokerage license holders in the execution of their professional duties. Then we make sure to indemnify relatively to the loss incurred when the professional liability is proven. Finally, we meet the needs and address the concerns of brokers regarding their professional liability insurance and the claims requests that may be addressed to them.

Services :

The Fonds d’assurance (FARCIQ) manages claims requests made by the public and informs license holders on the process involved in the management of these requests. We have a specialized team to answer any questions brokers may have on their professional liability insurance and provide them with professional support in case of claims.


2002 Liability insurance for real estate brokering inaccessible to some people; for others, premiums can increase to more than $1000, often with incomplete coverage.
2003 ACAIQ1 consults its members, follows up with a request to the Government to modify the Real Estate Brokerage Act.
2005 December 17: Bill 172 is adopted, modifying the Real Estate Brokerage Act. Changes include a provision to permit creation of a distinct professional liability insurance fund, adapted to the profession.
2006 July 21: First day of FARCIQ’s activities.
2012 Insurance policy guarantees increase: $1,000,000 per claim, $2,000,000 per year.

1   On May 1, 2010, ACAIQ (Association des courtiers et agents immobiliers du Québec) becomes OACIQ (Organisme d’autoréglementation du courtage immobilier du Québec i.e., the Québec real estate brokerage self-regulatory organization).


FARCIQ (Fonds d’assurance responsabilité du courtage immobilier du Québec, the Québec real estate brokerage liability insurance fund) provides professional liability insurance for real estate and mortgage agencies and brokers against non-intentional negligence, error or omission committed in the performance of their professional duties. It is independent of OACIQ in terms of administration, financial management, and confidentiality of claims processing. It is governed by the Real Estate Brokerage Act, whose regulation application is supervised by the Autorité des marchés financiers (AMF, Québec’s financial market authority).

FARCIQ also offers its clients an assistance and advisory service adapted to their practices, as well access to a broad range of information tools on prevention and best practices.

Purchasing a FARCIQ professional liability insurance policy is mandatory for all agencies and real estate and mortgage brokers holding a valid licence from OACIQ. This obligation quickly became a major advantage for brokers, due to its accessibility, cost and the protection of assets it provides. For the public, it offers the peace of mind of choosing to do business with professionals accredited for all real estate and mortgage transactions.