Warranty Questions answered by your knowledgeable home inspector.


Questions answered by your knowledgeable home inspector.

What is Home Warranty Insurance?

Home warranty insurance is designed to protect new homes in British Columbia against construction ‎defects in materials and labour. Since July 1, 1999, all new single-family and multi-family homes built for sale in BC have been required by law to carry mandatory third-party home warranty insurance for construction defects, but only for a specified time. Miss it by ‎one (1) day and it’s gone forever!

2-5-10big[1]

 What is 2-5-10 Warranty Coverage?  2-5-10 Year Warranties protect homeowners from a range of construction defects, related to materials and labour, for designated periods of time.

 

If defects are discovered, document and present to Homeowner Protection Office.  Telephone 604-646-7050  Email: hpo@hpo.bc.ca. You may be lucky with your submission. However we have a proven system ensure your best chance for a positive outcome, instead of just “hoping”.

1 year – any defects in materials and labour on non-common areas in strata units and detached homes.

DSC04394 (Copy)

Razor- sharp cracked floor tiles in NEW home.

2 Years – Construction Defects in Materials and Labour. (Including the electrical, ‎plumbing, heating, ventilation and air conditioning delivery systems, as well as for the ‎exterior cladding, caulking, windows and doors)

OLYMPUS DIGITAL CAMERAHow is that supposed to open when dangerous pressures build up????

5 Years – Building Envelope Defects (Water Leakage / basement / foundation, roof, exterior walls, windows and ‎doors)

10 Years – Major Structural Defects

15 Months – Strata Common Areas (There is also a lesser known “15 month” expiry date for strata common areas.)

Many strata corporations in the lower mainland are nearing their 15 month (common area) deadline or their 5-year (building envelope) deadline and don’t even realize it. They will need to take immediate action to ensure all required repairs are adequately documented to reported to the proper authorities before the builder’s obligation expires. If they delay, they will have to pay to repair construction defects out of their own pockets.

When is it “too late” to claim Home Warranty Insurance?

Home Warranty Insurance begins counting down from the date you purchase your new home or condo.

Knowing your home warranty insurance ‎expiry dates are critical to determining when coverage will disappear ‎forever.

Insurance companies are very strict about these deadlines. If the documentation and input process is not started before the expiry date, you’re out of luck. ‎

Where can I learn more about Home Warranties?

Homeowners and Strata Corporations should read their policy thoroughly for coverage details. It’s also a good idea to download the free Guide to Home Warranty Insurance in British Columbia from the Homeowner Protection Office.

Since buying a home is one of the largest investments you will ever ‎make, you want to ‎be protected against construction ‎defects. That’s why it ‎is so important to have a full ‎home inspection, to discover defects and schedule ‎repairs by the builder. Do this ‎well before your ‎home warranty expires, even if it is a brand new home. and you may be thinking ” no problems”

Duxbury & Associates are the Strata and Deficiency Specialists in the Lower Mainland. We are the go-to company for condos, townhouses and buildings. We also ensure that our clients are made aware of their home warranty expiry dates. You deserve financial security, peace of mind and no unnecessary financial “surprises”.

Don’t wait until your Home Warranty Insurance Expires!

Schedule a Home or Strata Inspection Warranty-Check today!

Contact: Duxbury & Associates – Building Inspection and Consulting Ltd.‎

Uncovering Tomorrow’s Surprises, TODAY!

Glenn Duxbury

About Glenn Duxbury

Duxbury & Associates Building Inspection and Consulting Ltd. has received the 2004 Douglas College Entrepreneur of the Year Award in the ‘Consulting’ category for persistence and pursuit of excellent service delivery to clients by providing very thorough and professional Inspection Reports and dedication to those involved in buying / selling / building / renovating and maintaining uncompromised customer focus.