For ease, we encourage you to share the following directly with your members.
Subject: URGENT: Complete your insurance renewal payment to avoid suspension
Registrants who fail to pay their $535 ($500 insurance renewal amount plus the $35 administrative fee) before September 1, 2026, will face immediate suspension of their registration.
Log in to MyWeb and make your payment
If you have already made your payment, thank you.
What happens if you do not pay before September 1
Failure to pay your insurance renewal will result in the immediate suspension of your registration, and your Broker of Record will be notified:
- Trading halts immediately: You cannot legally trade in real estate in Ontario while suspended.
- Public directory update: Your suspension status will be publicly displayed on RECO’s Registrant Search directory.
- Coverage lapses: You will have no insurance during a suspension, which is a requirement of your registration.
Payment Instructions
- Where to Pay: Log in to MyWeb to pay in full using Visa or MasterCard (Note: AMEX, cash, cheques, and money orders are not accepted).
- Payment Tutorial: Watch a quick step-by-step video tutorial
- For Brokers of Record: You can review outstanding balances for all registered agents on your team and complete bulk payments under the “Employees” tab in MyWeb.
Additional resources
- New Professional Liability Insurance Program CE Elective Course: Learn how RECO’s insurance program protects you and consumers during transactions. Access the course on MyWeb.
- MyWeb guide on how to make payments.
- MyWeb guide on how to make payments on behalf of your agents.
- RECO’s insurance renewal web page.
- Information about the coverage provided by the insurance program broker, Alternative Risk Services.