CBI Stops Selling Tesla Extended Warranties in Canada After Its Underwriter Pulls Out
CBI, a third-party extended-warranty provider, has stopped selling new extended warranties for Tesla vehicles in Canada. Drive Tesla Canada and TeslaNorth report that the move follows its underwriter's withdrawal.
By the Tesla News Wire staff · Edited by Seamus McKenna · · 2 min read
Canadian Tesla owners have lost one of the few third-party options for extending their coverage. CBI has stopped selling new extended warranties for Tesla vehicles in Canada, according to Drive Tesla Canada and TeslaNorth.
Why it stopped
Both outlets say the decision follows the withdrawal of the insurer that underwrote CBI's Tesla plans. CBI hasn't said whether it will find a new underwriter.
What owners should do
If you already have a CBI plan: CBI told customers that «all warranties that have been purchased and are currently in effect will continue to be honored in full», under the contract terms, until they expire.
If you were shopping for one: compare Tesla's own Extended Service Agreement where it is offered, or other third-party providers. Read the exclusions carefully.
Know your factory coverage: Tesla's basic vehicle warranty and its separate battery and drive unit warranty still apply for their stated terms.
Go to the original sources
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