There is a certain type of coverage option that is often included in a standard homeowner’s insurance policy that many people are not aware of. This is called good neighbor property damage coverage. For those who have it, and many have it, it will give you terrific protection against damage to your neighbors house for which you will be held liable.
How does this work? Easy. Coverage is provided for damage to a neighbor’s house caused by you cutting down a tree and breaking it into its fence. Or, coverage is provided if your kids are playing ball in the front yard and a ball goes through a neighbors window. Amazingly, coverage is provided even if your neighbor can prove that your kids intentionally damaged their home.
Damage caused by pets to your neighbors’ home is also covered under this good neighbor property coverage. If your dog digs a hole in his enclosure or breaks into your neighbors’ house and destroys their carpet or furniture, you are safe.
The amount of coverage provided varies from insurance company to insurance company but most coverage limits are between one thousand dollars and two thousand dollars. The best part about it is that there is no deductible that needs to be paid while making a claim. Just contact your insurance company and explain what happened. Sometimes you’ll have to pay out of pocket to repair the damage, then wait for reimbursement. In other cases, a check will be mailed as soon as the damage to your neighbor’s home is assessed.