New Home

What is a Home Warranty?

A new home warranty is an insurance protection product that protects your home against damage caused by structural and other defects that might arise during the home building process. The warranty stays with the home, whether you are the original owner or subsequent buyer and typically lasts for 10 years.

Is a New Home Warranty Mandatory?

Requirements for home warranties vary by province. In British Columbia, Alberta, Manitoba, Ontario and Quebec, builders must provide home buyers with a third-party warranty. In the rest of Canada, the choice is left up to the individual builder. However, most lenders require new home builders to belong to a home warranty program in order to receive mortgage insurance on high-ratio loans (80% or higher). We provide a variety of warranties for two, five and ten years.

As you look at homes and get to know the builders in your community, consider the warranty carefully. You want to buy your home from a professional builder with a solid reputation, excellent after-sales service and a third-party warranty.

New home warranty coverage remains with the home, not the homeowner. If you’ve purchased a home with warranty, please contact us to update your homeowner information and receive access to the Homeowner Portal to review your warranty coverage and expiration dates.

2 YEARS

Materials & Labour

  • single family home and multi-family home in the first 12 months and for a violation of the Building Code
  • common property in the first 15 months and for a violation of the Building Code

5 YEARS

Building Envelope

Coverage for defects in the system of components that include a defect which permits unintended water penetration

10 YEARS

Structural

Coverage for the key structural components of the home (frame, foundation).

The New Home Warranty Insurance (Canada) Corporation

All new home warranty products under the Canadian Home Warranty Protection Program (CHWPP), including Alberta New Home Warranty Program (ANHWP), referred to as ‘The Program’ are underwritten and manufactured by New Home Warranty Insurance (Canada) Corporation (NHWICC) who assumes all warranty liabilities and obligations.