Multi Family For Homeowners

The key to a happy home from Day 1Your home warranty is a broad coverage plan passed on to you by your builder. It protects you against defects for your individual unit and common areas. It starts the moment you move in.

 

See what's available in your province:

British Columbia

New homes built in BC are protected by 2-5-10 home warranty insurance, as set out by the Homeowner Protection Act of BC. Licensed residential builders are

regulated by the B.C. Housing Licensing & Consumer Services. Mandatory warranty insurance includes the following coverages:

2 years’ coverage on labour and materials as follows:

  • 12 months’ coverage for defects in material and labour for your unit
  • 15 months’ coverage for defects in material and labour for the common property
  • 24 months’ coverage for defects in material and labour for major systems (heating, electrical, plumbing, etc.)
  • 5 years’ coverage on the building envelope including coverage on unintended water penetration.
  • 10 years’ coverage on major structural items.

This statutory protection is widely recognized as one of the strongest and most effective home warranty standards in Canada.

To learn more about consumer protection legislation and regulations, visit https://www.bchousing.org/licensing-consumer-services/publications.

 

Alberta

New homes built in AB are protected by 2-5-10 home warranty insurance, as set out by the New Homebuyer Protection Act of AB. Mandatory warranty insurance includes the following coverages:

2 years’ coverage on labour and materials as follows:

  • 12 months’ coverage for defects in material and labour for your unit
  • 24 months’ coverage for defects in material and labour for delivery and distribution systems (heating, electrical, plumbing, etc.)

5 years’ coverage for defects in the building envelope.

10 years’ coverage for major structural items.

This statutory protection is widely recognized as one of the strongest and most effective home warranty standards in Canada.

To learn more about consumer protection legislation and regulations, visit https://www.alberta.ca/new-home-warranty.aspx.

Saskatchewan

Your home warranty is a broad coverage plan passed on to you by your builder. It protects you against defects for your individual unit and common areas. It starts the moment you move in.

What’s covered for the 1st year?

Limited Construction Warranty 
You’re covered for defects in materials and labour of your home for the first year.

What’s covered for 5 years?

Structural Defect Warranty
You’re covered for structural defects for up to 5 years, including defects in material and labour. Your warranty also covers structural damage that makes your new home unfit to live in.

Limited Construction Warranty
You’re covered for defects in the load bearing structures for up to 5 years.

Maximum Protection 
The combined 1-year and 5-year limited construction warranties provide coverage to a maximum of $50,000 per unit, and include overall condo protection (common property) to a maximum of $2.5 million.

In Saskatchewan, builders can customize the warranties they purchase for their projects. Always refer to your warranty document for actual policy terms and coverages arranged by your builder.

 

Manitoba

Your home warranty is a broad coverage plan passed on to you by your builder. It protects you against defects for your individual unit and common areas. It starts the moment you move in.

What’s covered for the 1st year?

Limited Construction Warranty
You’re covered for defects in materials and labour of your home for the first year.

What’s covered for 5 years?

Structural Defect Warranty
You’re covered for structural defects for up to 5 years, including defects in material and labour. Your warranty also covers structural damage that makes your new home unfit to live in.

Limited Construction Warranty
You’re covered for defects in the load bearing structures for up to 5 years.

Maximum Protection
The combined 1-year and 5-year limited construction warranties provide coverage to a maximum of $50,000 per unit, and include overall condo protection (common property) to a maximum of $2.5 million.

In Manitoba, builders can customize the warranties they purchase for their projects. Always refer to your warranty document for actual policy terms and coverages arranged by your builder.