Are you part of the GTA’s booming condo market?
Receive extra security during the development period with our reliable developer bonds.
Developer surety is used throughout the construction industry to fulfill the legal requirements that developers have to ensure for their project.
ELM Insurance Brokers Inc. combines over 25 years of insurance industry experience to produce a thorough developer bond package that works for your business. Our team of expert insurers use their depth of knowledge to tailor you developer bond exactly to your needs.
Among the developer bonds we offer is the Tarion Warranty Corporation Bond which covers a purchaser’s condominium deposit up to $20,000 per unit and can be used should you fail to meet the requirements of the Ontario New Home Warranties Plan. ECDI policies are issued for condominium projects covered by the Ontario New Home Warranties Plan Act. The ECDI policy guarantees the return of the purchasers’ deposits in excess of the $20,000 guaranteed by the Tarion Warranty Corporation Bond.
Regardless of the size of your business, we can offer truly exceptional developer surety bonds that are both fully congruent to Canadian development regulation and uniquely customized to meet your needs.
With developer bonds from ELM, you’ll never need to worry about your financial safety again.
Get Set Up for Bonding Today!
When you need bonds, you need assistance from the qualified experts at ELM Insurance. To arrange a consultation, call us at 905-738-6077.