The legalities are a work in progress when it comes to short-term rentals in Boston. But if you’re leasing any part of your property for fewer than 30 days via a site like Airbnb, it’s critical to have sufficient insurance, and now you must register with the city of Boston.

Though Airbnb guarantees up to $1,000,000 for property damage, there’s no coverage for an extremely important item—personal liability. If a guest is injured in your Boston condo, you’re on your own.

What you need to have in place is a vacation rental policy, which includes coverage called “personal injury,” Brownstone Insurance can help you obtain this insurance. This protects you if a short-term tenant is injured during his or her stay. Many property owners assume they’ll be covered for personal liability on their existing policy. But liability on a primary Boston condo policy doesn’t cover any type of rental exposure.

Ff you’re renting your Boston condo, there’s no additional risk to the homeowners association. Almost all Boston condo associations have commercial policies that cover the common areas.

Of course, the larger issue with short-term rentals is that properties in multi-unit buildings are, uh, illegal now Cambridge, MA. And most Boston condo associations don’t allow short-term rentals in their Covenants, Conditions (condo docs)

But if you’re listing your home on Airbnb anyway, be certain you have the right type of insurance.

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Updated: January 2018

Author Profile

John Ford
John Ford
EXPERIENCE

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs



In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.



HISTORY

For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.

AREAS COVERED

Back Bay

Beacon Hill

Charles River Park

Downtown/Midtown

North End

South End

Seaport District

South Boston

Waterfront

Brookline

Surrounding Communities of Boston
Contact
John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.




John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114

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