With all the new subdivisions in St. John’s and surrounding areas, it’s becoming a common question: “is this property covered under the Atlantic Home Warranty?” A follow up question is”what does it cover?” People hear about the Atlantic Home Warranty but it’s apparent they are unaware of the details.
Atlantic Home Warranty offers a 7-year limited home warranty. This is automatically transferable and increases the value of your home. The warranty stays with the house, not the owner.
The coverage details are listed below.
- Optional Deposit Protection, up to a maximum of $20,000.
- A guarantee that the Builder will repair eligible defects in workmanship or materials supplied by the Builder during the first year of ownership.
- Protection against major structural defects during the remainder of the warranty period.
- A conciliation service to handle any disagreements between you and your builder during the first year.
- A total aggregate limit of liability of $50,000.
To determine if a specific builder is a member of the Atlantic Home Warranty program, they are listed on their web site by province and area. Simply click here and follow the directions. You may also contact AHW directly to verify if the Builder is a Member.
It is important when looking to buy a new construction home that you find a builder that is a member of the Atlantic Home Warranty program.
Your home will be one of the biggest investments in your life, make sure you have the peace of mind….make sure your home is covered.
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