Umbrella, Directors & Officers, and Crime Coverage for Mercury Insurance

Real Estate Umbrella Program

black umbrellas with one green umbrella standing out
QUOTE CONDOMIUNIUM UMBRELLA

Eligible Classes

  • Condominium Associations
  • Cooperatives
  • Townhome Associations
  • Homeowners Associations (HOAs)
  • Master Associations
  • Planned Unit Developments (PUDs)
  • Property Owners Associations
  • Apartments
  • Lessors Risk

Products: Umbrella

Limits: $1MM–$100MM

Carrier: “A” Rated Carriers / Admitted Paper

Territory: All 50 States

Underlying Rating: A- / VI

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

 

–Applications–

Condominium Application

Download: Community Association Umbrella Application

Contact: Brian Mullahy

APARTMENT LRO Application

Community Associations Directors & Officers Program

chairs at a board room meeting
QUOTE D&O

Eligible “Not For Profit” Associations:

  • Condominiums
  • Single Family HOAs
  • Cooperatives
  • Masters
  • Property Owners
  • Commercial
  • Timeshares
  • Townhomes
  • Condotels

Products: Directors & Officers Liability (Including EPLI)

Limits: $1MM–$5MM (Follow form Umbrella and excess D&O can be coordinated with other MPA divisions and McGowan facilities.)

Carrier: “A” Rated Carriers/Admitted Paper

Territory: All 50 States

Special Coverage(s) and features include, but are not limited to:

  • Defense and indemnity of monetary claims
  • Defense of non-monetary claims
  • Broad definition of Insured including directors, officers, trustees, the entity, community association/property manager (“CAMS”), volunteers, committee members, employees and leased employees
  • Defense of breach of third party contract claims
  • Defense of failure to maintain or obtain insurance claims
  • Third party non-employee discrimination claims
  • Employment Practices Liability and Employee Discrimination claims
  • Full Prior Acts Coverage
  • Broad Definition of Wrongful Acts
  • Personal Injury Offense and Publishers Liability Coverage


Download: McGowan D&O Insurance Application

Contact:  Patty Satayathum

Community Associations Fidelity/Crime Insurance Program

police tape at crime scene
QUOTE CRIME

Eligible “Not For Profit” Associations:

  • Condominiums
  • Single Family HOAs
  • Cooperatives
  • Masters
  • Property Owners
  • Commercial
  • Timeshares
  • Townhomes
  • Condotels

Bundled Coverages:

  • Employee Theft
  • Forgery and Alteration
  • Inside the Premises, Theft of Money & Securities
  • Inside the Premises, Robbery & Safe Burglary
  • Outside the Premises
  • Computer Fraud
  • Funds Transfer Fraud
  • Social Engineering and False Pretense

Products: Primary & Excess Fidelity/Crime Coverage Available

Limits: $10,000 To $10MM (Higher Limits Upon Request)

Carrier: “A” Rated Carriers / Admitted Paper

Territory: All 50 States

Employee Theft: Covers theft by Employees and Community Association Property / Managers

Definition of Employee Includes: Directors; Officers; Volunteers; Seasonal, Leased and Temporary Employees

Crime:  Covers theft by non-employees for the coverage grants 2 through 8

Download: Community Association Fidelity/Crime Application

Contact:  Patty Satayathum

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