Massachusetts Homestead Act

Massachusetts Homestead Act

The Massachusetts Homestead Act

Massachusetts Homestead Act is designed to allow homeowners in Massachusetts to protect their primary residence against subsequent attachment, levy or sale to satisfy debts up to $500,000.

The Homestead Law does not protect against: taxes or mortgages used to purchase the residence.

Homeowners must file for the Homestead Act with The Registry of Deeds office in the county in which the residence is located.

Massachusetts charges a one time Filing Fee of $35 for a Declaration of Homestead.

Registry of Deeds Links:

Registry of Deeds Offices:

District/County:

Located in:

Barnstable Barnstable
Northern Berkshire Adams
Middle Berkshire Pittsfield
Southern Berkshire Great Barrington
Northern Bristol Taunton
Southern Bristol New Bedford
Fall River Bristol Fall River
Dukes Edgartown
Northern Essex Lawrence
Southern Essex Salem
Franklin Greenfield

The Homestead Act
Questions & Answers

La Ley de Protección de Hogar Seguro
Preguntas y Respuestas

City/Town to Registry Guide

District/County:

Located in:

Hampden Springfield
Hampshire Northampton
Northern Middlesex Lowell
Southern Middlesex Cambridge
Nantucket Nantucket
Norfolk Dedham
Plymouth Plymouth
Suffolk Boston
Northern Worcester Fitchburg
Worcester Worcester

Massachusetts Deed
Indexing Standards
(PDF, 276 kb)

Massachusetts Document
Formatting Standards,
Effective January 1, 2008
(PDF, 12 kb)

How can I save money on my home insurance?

Save money on home insurance

How can I save money on my home insurance? If this were the Family Feud we’d say: 100 people surveyed, top 8 answers are on the board!

Let’s hear it for:

Consider larger deductibles. Different property deductibles are available for choosing; $250, $500, $1000 and $2,500 deductibles are available. Savings in increments of 10% are commonplace per deductible.

Try to remain in the Voluntary Market! Insurance Companies reserve the right to insure or renew properties. If you have had a few losses within the past couple of policy years your insurance company may decide to not renew you.

The MPIUA (Massachusetts Property Insurance Underwriting Association) offers  insurance to properties that are not insurable on the voluntary market. The cost to insure with them is usually considerably more expensive than the consumer will find on the voluntary market.

Some of the credits that are available to insurers are:

Protective Device Credits … starting with deadbolt locks, extinguishers, and smoke detectors are available. Larger credits are available for Local and Central Station burglar and fire protection systems.

Non-smoker credits … if you and household members are non-smokers some companies offer discounts to non-smokers.

Loss Free Year Credits … if you have not had any losses in multiple years some companies offer “Loss Free Credits.” Check with your Independent Insurance Broker to see if you qualify for any companies’ programs.

Home Renovation/New Home Credits … if you have renovated your home within the past 10 years some companies offer Renovation Credits. If you are buying a new home, some companies offer large New Home credits.

Account Discounts … some insurance companies offer 10% “Account Discounts” if you insure your home and auto with the same company … in addition, some companies may waive service charges.

Shop Around!

Different companies offer different discount programs for different properties and property owners. Shop around with different companies to see who is offering the best deals. HomeownerQuote utilizes the power of your local, independent Insurance Agent to find you the best rates & service!

Massachusetts Home Insurance Quotes

Massachusetts Home Insurance Quotes

HomeownerQuote is the website for Massachusetts Home Insurance Quotes.

Homeowner insurance is designed to protect your home from certain perils such as: fire, theft, wind, hail, falling objects, riot, vehicle damage, explosion, smoke and bursting of pipes. Notable exclusions are: flood, earthquake, mold, mildew, rot or animal damage.

When setting up your policy we will help you come up with the appropriate Replacement Cost of your home. Not to be confused with Market Value, Replacement Value is the amount of money it would take to replace you home if it were destroyed by an insurance loss. The Coverage A, Dwelling, amount should represent this Replacement Value.

Massachusetts Home Insurance Quotes

Protect Your Home-

Your home is one of the largest investments you will ever have. You want to make certain that your coverage is tailored to your individual home and personal needs. Your Independent, Massachusetts Insurance Agent will offer quality, basic coverage with many features and many coverage options to enhance your protection.

Massachusetts Homeowners Insurance Coverage Protects:

  • Dwelling (your home)
  • Other Structures, such as a detached garage, shed, fence, mailbox or doghouse
  • Personal Property, including furniture, clothing, appliances and much more
  • Loss of Use, for living expenses, when the home is damaged and uninhabitable
  • Personal Liability Coverage, protects you and your family against a claim or lawsuit if someone is injured or their property is damaged while at your home
  • Medical Payments to Others

Coverage Options:

  • Personal Property Replacement Cost Protection. Provides full replacement cost (no depreciation)for your personal belongings
  • Replacement Cost Protection on your Dwelling. Provides the extra insurance you need to rebuild your house if your coverage amount is inadequate
  • Personal Injury. Protects you against libel and slander
  • Schedule Valuable Items. Provides a blanket of coverage that is broader than what a basic Homeowners policy provides. It is the right coverage for people who own valuable possessions such as jewelry, fine arts, collectibles, antiques and other “special items”
  • Umbrella Policy. Offers an additional $1 million to $5 million of liability protection
  • Flood Coverage. Flood damage is typically not covered under a home
    • insurance policy. This affordable coverage covers damage to your property and provides cleanup reimbursement
    • Earthquake Endorsement

    HomeownerQuote.com will find you products that are competitively priced & that offer great value with many money-saving discounts:

    • New or renovated home discount
    • Account discount when you insure both your auto and home with the same company
    • Loss free credit
    • Non-smoker credit
    • Security discounts are available for homes with: smoke detectors, dead bolts, fire extinguishers or alarm systems.

    Helpful site for Buyers, Sellers & Owners of Homes – Zillow.com

Home Insurance Renewal Checklist

Home insurance renewal

Home Insurance Renewal?

Consider these Home Insurance Renewal Questions:

  • Do you own jewelry, furs or watches with values over $1,000?
  • Do you own silverware with a total value of over $2,500?
  • Do you have a collection of valuables, including: coins, stamps or other?
  • Do you own any of the following: Musical Instruments, Fine Arts or Antiques, Camera Equipment, Sports Equipment, Personal Computer?
  • Do you own a boat?
  • Is there a trampoline on your property?
  • Do you have any tools, equipment or other property used in your business or occupation?
  • Would you like your insurance to provide: Replacement Cost Protection on your Dwelling, on your Personal Property, Credit Card/forgery protection, Ordinance or Law coverage, Earthquake coverage?
  • Flood is not a covered loss on a homeowner policy. Would you like to obtain rates for flood insurance? Also excluded from coverage are such things such as: rot, mold, mildew or animal/vermin/insect damage.
  • Are you interested in receiving information on: Auto, Life, Excess Liability (Umbrella), Boat or Business Insurance?

If you’ve answered “yes” to any of these home insurance renewal questions, you should contact your friendly, independent insurance agent to make certain you have the coverage you want.

If you’re not happy with the service you receive, call homeownerquote.com!

 

Storm Safety Tips

Storm Safety Tips

Storm Safety Tips

Stay calm, Massachusetts! Although we think the groundhog saw his shadow (6 more weeks of winter?), we’re less than 5 weeks away from the first day of Spring (March 20th)! We offer our Storm Safety Tips:
  • Stay indoors if possible.
  • If you do go outside, protect yourself by dressing for the season, wearing several layers of loose fitting, lightweight, warm clothing, rather than one layer of heavy clothing.  The outer garments should be tightly woven and water repellent. Mittens are better than gloves. Wear a hat, as most body heat is lost through the top of the head. Cover your mouth with a scarf to protect your lungs.
  • Keep dry. Change wet clothing frequently to prevent a loss of body heat. Wet clothing loses all of its insulating value and transmits heat rapidly.
  • Be careful when shoveling snow. Over-exertion can bring on a heart attack – a major cause of death in the winter.
  • Watch for signs of frostbite: loss of feeling and white or pale appearance in the extremities such as fingers, toes, ear lobes or the tip of the nose.  If symptoms are detected, seek medical help immediately.
  • Watch for signs of hypothermia: uncontrollable shivering, memory loss, disorientation, incoherence, slurred speech, drowsiness and apparent exhaustion.  If symptoms are detected, get the victim to a warm location, remove any wet clothing, warm the center of the body first and give warm, non-alcoholic beverages, if the victim is conscious.  Get medical help, as soon as possible.
  • Drive only if it is absolutely necessary. If you must drive: travel in the day; don’t travel alone; keep others informed of your schedule; stay on main roads and avoid back road shortcuts.

All of us at HomeownerQuote wish you a safe and warm rest of the winter!

Massachusetts Home Insurance Tip

Massachusetts Home Insurance Tip
Massachusetts Home Insurance Tip

Is your home in excellent condition?  Are you a “do-it-yourselfer” that fixes small problems around the house? Do you have a new roof, heating & electric systems, and plumbing? Are you a risk taker that would prefer to save money up front and spend more at claim time because of a higher deductible?

If yes to any of these questions, your Massachusetts Home Insurance Tip:

To save money consider a high deductible.

Without claims, the money you save by deciding on a high ($2,500 or $5,000) deductible  is, literally, money in the bank.

Consider higher deductibles.

When your parents bought their first home, most likely their deductible was $250.

As a general rule of thumb you can save 10% of the annual premium if you carry a $500 deductible; an additional 10% if you carry a $1,000 deductible, and an additional 10% if you carry a $2,500 deductible.

For those of us that go years & years without claims, higher deductibles is, literally, “money in the bank.”

In addition, by carrying a higher deductible you self-insure yourself a little more thus making the chance of filing a small claim less appealing. By doing such consumers can keep their “loss free” credits and, without claim frequency, you remain more insurable.

Home Insurance vs. Karate

Home Insurance vs Karate

Home Insurance vs. Karate. Who wins?

Let’s go to the tale of the tape:

Home insurance is pretty powerful stuff typically providing all-risk coverage (subject to exclusions) to the structure, broad coverage for personal property and world-wide personal liability coverage.

Karate, on the other hand, is an actual martial art. The art of self-defense.

Home Insurance vs. Karate:

Let’s say, your kid takes karate and he accidentally karate chops your 6 year-old neighbor in the nose. Is there coverage on the home insurance?

The standard HO-6 homeowner policy includes section 2, Liability Coverage consisting of Personal Liability Coverage (typically $300,000 – $1M) and Medical Payments to Others Coverage (typically $1,000 – $3,000).

Medical Payments Coverage should reimburse your neighbor for out of pocket medical expenses.

If your neighbor decides to sue, your Personal Liability Coverage will provide legal defense and potential coverage.

Per usual, things can get complicated.

Let’s say your husband was running his karate studio out of the garage and your son chops the neighbor while training for their yellow belts then, unfortunately, the homeowner insurance business exclusion will, most-likely, exclude all coverage.

Or, if your son and your neighbor have arranged a fight after school when the chop occurs, then perhaps coverage would be excluded as a premeditated event, which was not an accident.

In reality, home insurance vs. karate is a battle that nobody wants to see and nobody wins.

 

Winter Storm Watch: Snow Removal Tips

homeownerquoteshoveltips

The Basics
Snow shoveling can be compared to weight lifting, and in some cases, the aerobic aspect of this activity is similar to a workout on a treadmill! To help your body function on demand, consider the following …

  • Be heart smart! Don’t eat or smoke before shoveling snow. Avoid caffeinated beverages. These are stimulants and may increase heart rate and cause blood vessels to constrict.
  • If you experience pain of any kind, stop immediately and seek assistance.
  • Pace yourself during shoveling activities. Take frequent breaks and drink plenty of water. Snow shoveling is strenuous work, and it is important to re-hydrate your body often.
  • If the ground is icy or slick, spread sand or salt over the area to help create foot traction. Be aware that some areas may be uneven and could cause you to slip, trip, or fall.

Dress for Success!

  • Consider the weather when choosing outerwear. Dress in layers. Wear clothing that is easy to move in.
  • Wear a hat—a great deal of body heat is lost through the head.
  • If it’s icy cold, consider breathing through a scarf, but don’t let it obstruct your view.
  • Proper boots are essential for keeping feet warm and dry while appropriate soles provide traction. Good boots can help you maintain your balance!
  • Choose gloves that will keep your hands warm, dry, and blister free—consider thicker gloves, which allow for a good grip on the shovel’s handle.

Select a Shovel that’s Right for You
Shovels are made from different materials and come in many shapes and sizes.

  • Choose a shovel that is ergonomically correct—a shovel with a curved handle. Many hardware stores and home centers stock ergonomically designed snow shovels. These shovels help you to keep your back straighter reducing spinal stress.
  • Consider a shovel with a plastic blade instead of metal—plastic is lightweight—isn’t the snow heavy enough?
  • Sometimes a smaller blade is better. You will not be able to shovel as much snow per shovel load, but the load will weigh less, which puts less strain on the spine.
  • Get a shovel made to push snow. It is far easier to push snow than to lift it. There are shovels made expressly for pushing snow. See what is available at your hardware or home center store.

Once you have your shovel, you might want to consider spraying a bit of silicon lubricant on the blade. This can help keep the snow from sticking to the shovel. The snow will slide off the shovel blade.

Technique. Technique. Technique.

  • Warm muscles work better. So take some time to stretch to prepare your body for activity.
  • Just like with a golf club, hand placement on the shovel handle is very important! Don’t put your hands (grip) close to one another. Create some distance between the hands. This will give you more leverage and make it easier to lift snow.
  • Think about good posture and maintaining the natural curve of your spine.
  • Address your task directly. Stand with your feet about shoulder width apart to maintain balance. Try to keep the shovel close to your body. Bend at the knees—not the waist or back. Tighten your stomach muscles as you lift the snow. Lift with your legs—not your back. Do not twist your body. Dump the snow in front of you. If you need to move the snow to the side, move your feet—do not twist!According to the American Academy of Orthopaedic Surgeons, “If you must lift the snow, lift it properly. Squat with your legs apart, knees bent and back straight. Lift with your legs. Do not bend at the waist. Scoop small amounts of snow into the shovel and walk to where you want to dump it. Holding a shovelful of snow with your arms outstretched puts too much weight on your spine. Never remove deep snow all at once; do it piecemeal. Shovel an inch or two; then take another inch off. Rest and repeat if necessary.”
  • Don’t throw snow over your shoulder! Go forward with the snow.
  • Fresh snow is lighter in weight—so clear snow as soon as it has fallen. Snow becomes dense as it compacts on the ground. Wet snow is very heavy. One shovelful can weigh 20 pounds or more!
  • Pace yourself. Take frequent breaks to stretch your back and extremities.

Snowblowers
A snowblower is a terrific piece of machinery, but if it’s not used correctly, you can strain or injure your back. Snowblowers are designed to remove snow at a particular rate of speed. Pushing or forcing the equipment to go faster is defeating its purpose—to do the work for you!

Community Involvement
Not everyone is able to shovel snow or operate a snowblower. Consider the disabled and some in the senior population. Fortunately, many communities across the US have organized volunteers to help people who need assistance during the winter season.

Homeowner Insurance Review

dog-home

The standard homeowner (HO-3, Special Form) policy provides broad protection for your home however, there are limitations to coverage.

Section 1, Property Coverage, excludes coverage for loss resulting directly or indirectly from:  Ordinance or Law, Earth Movement, Water Damage, Power Failure, Neglect, War, Nuclear Hazard, and Intentional Loss.

The home insurance policy does not include property coverage for: Animals, Birds or Fish, Motorized Land Vehicles, Aircraft and Aircraft parts.

The policy has “special limits of liability” which in the event of a loss, the most the insurance company will pay: $200 on money, bank notes, bullion, gold, silver, platinum, coins and medals; $1,000 on securities, accounts, deeds, evidences of debt, letters of credit; $1,000 on watercraft; $1,000 on trailers not used with watercraft; $1,000 for loss by theft of jewelry, watches, furs, precious and semiprecious stones; $2,500 for loss by theft of silverware, silver-plated ware, goldware, etc.; $2,000 for loss by theft of firearms; $2,500 on property, on the residence premises used at any time or in any manner for any business purpose; $250 on property away from the residence premises used at any time in any manner for any business purpose.

With every home insurance renewal we include our Homeowner Renewal Checklist. We recommend you review and call us with any “yes” answers.

Homeowner Insurance Renewal Checklist:

  • Do you own jewelry, furs or watches with values over $1,000?
  • Do you own silverware with a total value of over $2,500?
  • Do you have a collection of valuables, including: coins, stamps or other?
  • Do you own any of the following: Musical Instruments, Fine Arts or Antiques, Camera Equipment, Sports Equipment, Personal Computer?
  • Do you own a boat?
  • Is there a trampoline on your property?
  • Do you have any tools, equipment or other property used in your business or occupation?
  • Would you like your insurance to provide: Replacement Cost Protection on your Dwelling, on your Personal Property, Credit Card/forgery protection, Ordinance or Law coverage, Earthquake coverage?
  • Flood is not a covered loss on a homeowner policy. Would you like to obtain rates for flood insurance? Also excluded from coverage are such things such as: rot, mold, mildew or animal/vermin/insect damage.
  • Are you interested in receiving information on:  Auto, Life, Excess Liability (Umbrella), Boat or Business Insurance?

Oh no: Mold!

 

father-son-happy

As independent insurance agents, we always hope there’s coverage for a client’s claim. However, sometimes when I hear certain things, such as “mold,” all the hope in the world probably won’t help.

When I hear the word “mold,” I think of homeowner insurance coverage exclusions.
Things that are excluded from dwelling coverage include: wear & tear, rot, mold, mildew, animal damage, earth movement (earthquake), flood & nuclear explosion.
If you’re worried about mold and mildew in your home, it’s better on the bank account to take care of sooner, rather than later.