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Insured Warranty Providers

When selling extended warranty, dealers are required to ensure they comply with all requirements under the Motor Vehicle Dealers Act, 2002 (MVDA).

Dealers can only sell extended warranty products that are insured, or for which a letter of credit to the Compensation Fund has been provided.

Note:

Letters of credit are drawn against in the event of a failure of the extended warranty provider which results in claims to the Compensation Fund. If the extended warranty provider is no longer in business, and the letter of credit is exhausted, dealers are liable for any Compensation Fund claims paid out over and above the funds secured by the letter of credit. As a result, it is best practice that dealers make inquiries with their warranty providers on a frequent basis to check on the status of their security or insurance.

The following list is provided as a courtesy to dealers to assist them with compliance under MVDA requirements set out in Regulation 47 of O. Reg. 333/08.

OMVIC does not regulate extended warranty providers nor will OMVIC recommend any particular extended warranty provider. This list is provided as information only and is subject to change without notification. OMVIC does not represent that this list remains accurate and/or current and expressly disclaims all liability in respect to actions taken or not taken based on the information below.

 

Secured: Insured Warranty Providers
Assurant Services Canada Inc
Avanta Dealer Services Corp.
Canada General Warranty Inc.
Central Administrative Service Corporation Inc.
CornerStone United Ltd. (XtraRide, AutoXtra, Xtended)
Global Warranty Protection Corporation
Guarantee VC Premium Warranty / GVC Premium Warranty
INDS CANADA Corp.
Integrated Warranty Systems Inc.
Lubrico Warranty
Nationwide Auto Warranty Corporation
People's Choice Warranty
Sym-Tech Dealer Services INC. i-select Plus Coverage
Tricor Automotive Group Inc./Groupe Automobile Tricor Inc. o/a Premier Dealer Services
Trinity Automotive Group Inc.

 

Secured: Letter of Credit on File
1159274 Ontario Ltd. o/a Bayview Auto Sales and Leasing/AAAP Warranty
1716858 Ontario Inc. o/a Car Match Canada/Canadawide Auto Warranty
401 Auto RV Canada Inc. o/a National Auto Warranty
421342 Ontario Limited o/a Kingston Nissan, Car Credit Kingston and Caroone/Car Care Warranty Coverage
603418 Ontario Inc. o/a J.P. Motor Sales/Elite Automotive Protection Plan
6929290 Canada Corporation o/a Mega Motors@Aproval Genie
A-Protect Warranty CORP
Auto Motion Used Vehicles Inc.
Autoloan Solutions Ltd.
Automotive Wholesale Inc. o/a Toronto Auto Group
Chris Taylor Auto Sales Ltd. o/a Automaxx Pre-Owned Car Centre
Davey Auto Sales Ltd.
Echo Auto group Limited o/a Auto Protect by EAF Group of Companies
Fusion Auto Sales Inc. o/a QB 1967
Garantie Kilometrage Plus Inc
Haishang Investments Ltd. o/a Haishang Auto Sales
Ideal Quality Automobiles Inc.
Kanata Ford Sales Ltd.
NAAWA Corp o/a Autogard Advantage
Peel Car Sales Inc. o/a Peel Financial Lending
Priority Car Financing Corp.
Progressive Auto Sales (Sarnia) Inc.
Rideau Valley Motors Inc. o/a My Car/RVM Simply The Best Warranty
SAL Marketing Inc.
1513600 Ontario LTD. o/a Tabangi Motors o/a Tabangi Warranty
Toronto Smart Cars Ltd. o/a Carhub North York Chrysler /National Auto Shield Warranty
Thunder Bay Used Car Superstore Limited o/a Used Car Superstore
Trend Financial Corp. o/a Trend Financial
4963229 V.I.N Trading INC. o/a Cardealsdirect

 

 

 

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