The McGowan Companies
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The McGowan Companies
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Real Estate and Hospitality Umbrella Insurance

McGowan Program Administrators
Real Estate and Hospitality Umbrella Insurance

McGowan Program Administrators offers a robust Umbrella Insurance program tailored specifically for real estate and hospitality businesses. Designed to help insurance agents and brokers place excess liability coverage for a wide range of commercial property and hospitality risks, this program delivers high-limit protection for clients with growing exposure concerns.

Ideal Accounts and Appetite

This program is ideal for agents seeking umbrella solutions for clients in the following sectors:
  • Apartments
  • Hotels and Motels
  • Light Industrial Facilities
  • Office Buildings and Office Condominiums
  • Shopping Centers and Strip Malls
  • Timeshares
  • Warehouses
Whether you're working with a growing apartment complex or a regional hotel chain, this program provides scalable umbrella coverage tailored to your clients' operations.

Coverage Highlights and Advantages

McGowan’s Real Estate and Hospitality Umbrella Insurance program offers flexible coverage options and several enhancements that set it apart:
  • Limits from $1MM to $100MM to meet a wide range of exposure needs
  • Defense Costs Outside the Limits for added protection
  • No Shared Limits—each insured receives their own policy and policy number
  • Aggregates Per Location to support multi-location risks
  • No Exclusion for Real Estate Managers
Available “follow form” coverages include:
  • Automobile Liability
  • Employers Liability
  • Employee Benefits Liability
  • Liquor Liability
These features make the program a smart fit for insureds who need tailored umbrella protection that mirrors their primary policies.

Underwriting Notes

  • Minimum required underlying rating: B++ / VI or better
  • Carriers vary depending on state and risk profile
  • Defense costs are handled outside the limits, preserving the umbrella capacity
This program is underwritten by McGowan Program Administrators, a trusted Managing General Underwriter with deep experience in the real estate and hospitality sectors.

Territories and Availability

McGowan’s Real Estate and Hospitality Umbrella Insurance program is available in all 50 states, including Washington DC. Whether your client is located in California, Texas, New York, or anywhere in between, this program can accommodate a broad geographic footprint.

Why Work With McGowan Program Administrators?

McGowan Program Administrators brings specialized underwriting expertise to each submission. With access to a variety of carriers and extensive experience in real estate and hospitality risks, they provide fast turnaround and tailored coverage options that meet your clients’ needs. Their commitment to no shared limits and aggregates per location helps safeguard each insured’s unique exposure, especially in multi-property portfolios.

If you're looking to place umbrella coverage for apartment complexes, hotels, or commercial real estate portfolios, McGowan offers a reliable, scalable solution. Contact McGowan today to discuss your client's specific needs.

Frequently Asked Questions

What types of accounts are a good fit for this program?

This program is ideal for apartments, hotels, office buildings, shopping centers, warehouses, and other real estate or hospitality risks seeking excess liability coverage.

What are the available coverage limits?

Limits range from $1 million to $100 million, offering flexible options to meet your clients' needs.

Are the umbrella policies shared between insureds?

No. Each insured receives their own individual policy and policy number—there are no shared limits.

Is the program available nationwide?

Yes. This program is available in all 50 states and Washington DC.

What underlying carrier rating is required?

The required underlying carrier rating is B++ / VI or better.

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

U.S. States Available

  • U.S. States Available:
  • Provider Type:
    Managing General Underwriter
  • Admitted:
    All Available States
  • Carriers:
  • Carrier Ratings:
    “A” Rated Carriers
  • Commission:
    -
  • Min Premium:
    -

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Request a Quote Now!

LOCATION

106 East 6th Street - Littlefield Building, Suite 520
Austin, TX 78701
512-600-2280

APPLICATIONS

  • Real Estate & Hospitality Umbrella Application

    To Obtain Quotes:
    Agents may use the "Quick Quote" application to obtain quick pricing and coverage indications from McGowan & Company. Firm quotations are subject to receipt of the following:

    1.A fully completed application (v2009.01.01) and any supplementals that may apply (Hotel, Apartment, Commercial, Vacant Land);
    2.A fully completed Named Insured & Location Schedule;
    3.Three years of currently-valued (generated within the past six months), hard copy, GL carrier generated 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 (v2009.01.01) and any supplementals that may apply (Hotel, Apartment, Commercial, Vacant Land);3.A fully completed Named Insured & Location Schedule;
    4.Three years of currently-valued (generated within the past six months), hard copy, GL carrier generated loss runs;
    5.Color photographs of all buildings, including separate pictures of any pool areas. If you are unable to obtain photos, please let us know prior to binding coverage; in most cases we can obtain property photos for you.
     

AGENCY LICENSING

Become A Broker

McGowan Program Administrators operates on an "open-brokerage" format. We do not hold our retail agents to premium or account volume requirements, so whether you place 1 account or 100 accounts with us we are always grateful for your business. We do, however, require that retail agents placing business with us carry at least $1,000,000 of E&O Liability.

We look forward to working with you!
Please contact our Compliance Administrator with any questions:
Heather Hysong,  [email protected]

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The McGowan Companies has other insurance programs like Accident & Health Insurance.