Progressive New Home Warranty

ONE YEAR MATERIALS & LABOUR WARRANTY

All Progressive builders warrant against latent defects and structural defects (items that do not conform to warranty standards) in workmanship and materials that may occur during the first year after possession of your new home.

2 YEAR MECHANICAL SYSTEMS WARRANTY

The Progressive Home Warranty extends into the second year of ownership to the crucial mechanical systems that keep a home comfortable. The Progressive Warranty provides coverage for any defect in materials and labour supplied for the gas, electrical, plumbing, heating, ventilation, and air conditioning delivery systems. This is a protection not offered by other warranty programs.

5 YEAR FOUNDATION WATER PENETRATION WARRANTY

The Progressive Home Warranty provides coverage to repair the foundation wall where water penetration occurs through foundation walls and threatens the comfort and beauty of a new home. This 5 year coverage is also exclusive to Progressive!

10 YEAR STRUCTURAL DEFECT WARRANTY

The Progressive Warranty protects the very heart of a home’s structure for 10 years to a maximum of $60,000. The warranty covers any defect in materials and labour that results in a failure of the load bearing portion of the home, or the structural damage that might result from such a failure, that renders the home unsafe or unlivable. No other warranty offers 10 years of coverage as a minimum standard.

$25,000 DEPOSIT SECURITY WARRANTY

Progressive’s Deposit Security Warranty provides peace of mind and protection against builders who don’t live up to their commitments to the homeowner. Progressive provides deposit protection coverage if the builder, due to bankruptcy or other causes, can’t refund a purchasers deposit, up to a maximum of $25,000. Applications for this optional coverage are provided to all Member Builders and the terms of this warranty coverage require that the application be received, and a deposit warranty issued by Progressive Home Warranty.

$6,000 ADDITIONAL LIVING EXPENSE WARRANTY

In addition, a Progressive Home Warranty will ensure homeowners will have a place to live if they have to move out of the home because of a structural defect. Homeowners will be reimbursed up to $6,000 for reasonable expenses incurred, such as hotel rooms and food costs, while they are unable to live in the home.

$100,000 TOTAL WARRANTY LIMIT

Proof positive that Progressive provides Canada’s Best New Home Warranty is the total aggregate coverage limit of $100,000. Progressive’s builders are the best in the industry and Progressive backs them with the highest level of consumer protection. Progressive offers the most comprehensive coverage available at highly competitive limits.