Real Estate Umbrella Insurance

Brokers can rest easy knowing their Real Estate Umbrella needs are being protected when they “Think McGowan.”

McGowan Program Administrators Real Estate Umbrella Program offers coverage when people and businesses need it most. Whether coverage is needed for apartment complexes, office space, warehouses, light industrial plants and more, brokers can find the plan that best suits their customers’ needs by working with McGowan.

Cover All Your Bases

McGowan’s Real Estate Umbrella Program provides liability coverage of $1 – $100 million  for eligible classes that include:

  • Apartments
  • Light Industrial
  • Office Buildings
  • Office Condominiums
  • Shopping Centers
  • Strip Malls
  • Warehouses

Product Overview

Products: Umbrella

Limits: $1MM – $100MM

Carrier: “A” Rated Carriers / Admitted Paper

Territory: All 50 States

Required Underlying Rating: A- / VI Or Better

Available “Follow Form” Coverages

  • Automobile Liability
  • Employers Liability
  • Employee Benefits Liability
  • Liquor Liability

Minimum Attachment

  • General Liability: $1MM/$2MM
  • Auto Liability: $1MM for Owned
  • Employers Liability: $100K/$500K/$100K

Special Features & Coverages

  • Defense Costs Outside the Limits
  • No Shared Limits— Each Insured Receives Its Own Policy & Policy Number
  • Real Estate Manager Covered As Additional Insured
  • Aggregates Per Location

Partnering with McGowan

As national regulations and local ordinances dealing with liability protections constantly evolve, commercial real estate owners can get lost in the maze of red tape. On top of that, the complex insurance products available on the market can cause additional confusion. Thankfully, brokers who partner with McGowan as their primary insurance resource gain added benefits through our risk management services. By utilizing the “Power of The Pen,” McGowan has the unique ability to offer insurance policies that brokers won’t find anywhere else.

Download: Real Estate Umbrella Insurance Brochure

Download: Real Estate & Hospitality Umbrella Application
Download: Named Insured & Locations Schedule
Download: Condominium Supplemental
Download: Lead Supplemental
Download: Marina Supplemental
Download: Mold Supplemental
Download: Real Estate Supplemental
Download: Valet Supplemental
Download: Vehicle Supplemental

To Obtain Quotes

Agents may submit any Acords, COPE/SOV schedules, or supplementals they have on file for initial pricing from McGowan Program Administrators.  Firm quotations are subject to receipt of the following:

  1. A fully completed application and any supplementals that may apply (Real Estate, Vehicle, Valet).
  2. A fully completed Named Insured & Location Schedule.
  3. Three years of currently-valued (generated within the past six months), hard copy loss runs.

To Bind Coverage

The following items are required in order to bind coverage:

  1. A written request to bind on or before the effective date of coverage.
  2. A fully completed application and any supplementals that may apply (Real Estate, Vehicle, Valet).
  3. A fully completed Named Insured & Location Schedule.
  4. Three years of currently-valued (must be carrier generated within the past six months), hard copy loss runs.
  5. Underlying declaration pages including forms, limits, and schedules of locations/insured

Contact:  Megan Davis


Unexpected catastrophes happen all the time; are you properly covered?

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