Many homeowners are covered for something that happens often through their home insurance policy, and they don’t even know it. If they were aware, it could save them a significant amount of money if their kids, their pets, or they themselves cause damage to a neighbor’s home. It is called Good Neighbor Insurance Coverage and it is included in virtually every homeowners insurance policy out there. The specifics of the coverage option vary somewhat but generally speaking, here’s how the coverage works.

If your children to any damage to your neighbor’s house, all you have to do is call in  

Most of us are good citizens and purchase liability insurance to cover us in case we cause an accident. Some people purchase minimum liability coverage and some people purchase more.

When you buy this insurance you are doing it to not only comply with the law, but to protect you and your assets in case you cause a car, motorcycle, or other motor vehicle accident.

Now let’s say that you get into an accident that is your fault; you report the accident to your insurance carrier; you think that your insurance company will cover you pursuant to your insurance policy