• Dan Frankel

Ins and Outs of the Massachusetts Homestead Law

Updated: May 31

The personal liability insurance on your homeowners, automobile, and umbrella policies is designed to financially protect you if you are responsible for personal or property damage to a third party. But what happens when that coverage is not enough? There are many situations where you may not have the appropriate coverage, or where you may get sued for more than the amount of coverage that you carry. It is a very real possibility that your assets, including your house, would be vulnerable in a large personal injury settlement. The Massachusetts Homestead Act helps protect up to $500,000 of the value of a home against third-party claims.


At Acacia Insurance we strongly recommend that, in addition to appropriate liability insurance coverage, all Massachusetts home and property owners file a Declaration of Homestead.


How to file for Homestead

Below is information on what the Homestead is, what it covers, and how to file the appropriate paperwork.

What is the Homestead Act?

What does the Homestead Act do?

What are exempted debts? Or What debts are not protected by a Homestead Declaration?

What does the Homestead Act mean by a "Disabled Person?"

Do I have to file a new Homestead every time I re-mortgage or take out a second mortgage or home equity loan?

How much does it cost to record a Homestead?

Can (a) trustee(s) file for Homestead protection?

Will my Homestead protect my home from being taken if I go into a nursing home?

Can I file a Homestead if my primary residence is a mobile or manufactured home?

How do I file a Declaration of Homestead?

Ready to learn more?

Acacia Insurance has been helping to make the unexpected uneventful since 1988, and we look forward to working with you. Please contact us with questions and for additional information.


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