Real Estate Umbrella Program

Ideal Accounts and Appetite

This program targets commercial real estate risks, including:

• Apartment complexes and multi-family portfolios
• Condominiums and homeowner associations
• Lessor’s Risk Only (LRO) placements
• Other income-producing real estate classes (mixed-use, retail-anchored, etc.)

Whether your client is an owner, investor, or property manager, Great Point Insurance provides an excess solution that complements primary liability programs and protects against catastrophic exposure.

Coverage Highlights and Advantages

The Real Estate Umbrella Program is structured to respond to modern liability scenarios and to minimize gaps between primary and excess layers. Key features include:

• High-limit umbrella liability up to $100 million
• Follow Form coverage for Auto Liability
• Follow Form coverage for Liquor Liability
• No exclusion for Assault & Battery
• No exclusion for Sexual Abuse & Molestation

These broader terms make the program well-suited for insureds with demanding contract requirements or multi-location operations where standard exclusions could create coverage gaps.

Underwriting Notes and Minimum Premiums

The program offers relatively low minimum premiums to accommodate a range of account sizes and simplify placement:

Instant binding is available through www.UmbrellaPro.com, enabling agents to quote, bind, issue, and invoice policies in minutes—helpful for time-sensitive renewals and new business.

Territories and Availability

This is a non-admitted program available in most states, including major markets such as CA, FL, TX, NY, IL, PA, and GA. Great Point Insurance currently writes in 49 states plus Washington, D.C., providing broad nationwide access for eligible accounts.

Why Work With Great Point Insurance?

Great Point Insurance combines niche expertise in real estate exposures with fast decision-making and in-house authority. Agents benefit from:

• Speed: rapid quoting and instant binding for eligible risks
• Flexibility: broad umbrella limits and few common exclusions
• Market access: non-admitted capacity for large or unusual limits
• Underwriting support: focused appetite for owner/manager risks and LRO placements

Example scenarios where this program fits: you have a client who acquired a multi-building apartment portfolio and needs $25M in excess liability to satisfy lenders and tenants; or a mixed-use landlord with retail tenants and on-site events that requires broad liquor and assault/battery response. In both cases, Great Point’s Real Estate Umbrella Program provides responsive capacity and terms to close the placement.

Frequently Asked Questions

Need help placing an account? Connect with a market specialist.