Millennium’s Deposit Security Warranty provides peace of mind and protection against builders who don’t live up to their commitments to the homeowner. Millennium 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 Millennium Home Warranty.
