Congratulations on purchasing your new home!
Buying a home is one of the largest purchases you’ll ever make. We recognize how important it is to protect your investment – that’s why we’ve partnered with your licensed builder to provide you with new home warranty insurance coverage. If any warranted issues arise in your new home, you’re covered with your new home warranty.
New homes built in British Columbia are protected by 2-5-10 home warranty insurance, as set out by the Homeowner Protection Act of BC.
Your new home’s mandatory warranty insurance includes the following:
Coverage within the first 2 years on labour and materials
12 months coverage for defects in material and labour for your unit</li>
15 months coverage for defects in material and labour for the common property in a multi-unit building
24 months coverage for defects in material and labour for major systems (eg. heating, electrical, and plumbing)
5 years coverage on the building envelope, including coverage on unintended water penetration
10 years coverage on major structural items
To learn more about our New Home Warranty Insurance, contact us today.