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The McGowan Companies
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The McGowan Companies
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Real Estate Umbrella Insurance

McGowan Program Administrators
Real Estate Umbrella Insurance

Overview of the Program From McGowan

McGowan Program Administrators offers a specialized Real Estate Umbrella Insurance program designed to meet the unique liability needs of commercial real estate owners, developers, and managers. With broad availability across all 50 states and D.C., this program provides a flexible and reliable umbrella solution for a wide range of property classes. Whether your client operates a single location or a portfolio of properties, McGowan delivers tailored coverage with responsive underwriting and high limits.

Ideal Accounts and Appetite

This program is suitable for a broad spectrum of commercial real estate accounts, including:
  • Apartments
  • Hotels and Motels
  • Light Industrial Facilities
  • Office Buildings and Office Condominiums
  • Shopping Centers and Strip Malls
  • Timeshares
  • Warehouses
You might have a client with a growing portfolio of shopping centers or a regional hotel chain looking to protect against catastrophic losses—this program is built with those types of risks in mind.

Coverage Highlights and Advantages

McGowan's Real Estate Umbrella Insurance offers competitive terms and robust features, including:
  • Limits ranging from $1 million to $100 million
  • Defense costs paid outside the policy limits
  • No shared limits—each insured receives their own policy and policy number
  • No exclusion for real estate managers
  • Aggregates calculated per location
  • Available “follow form” coverages such as:
    • Automobile Liability
    • Employers Liability
    • Employee Benefits Liability
    • Liquor Liability

Underwriting Notes

To qualify, underlying carriers must be rated B++ / VI or better. McGowan focuses on clean, professionally managed risks and offers individualized attention to each submission. While minimum premiums may vary, the program is designed to be competitive across a wide range of account sizes.

Territories and Availability

This Umbrella program is available in all 50 states and Washington, D.C., giving you the ability to serve clients with properties across multiple jurisdictions. Whether your insured operates in a single state or nationwide, McGowan has the flexibility to support their growth.

Why Work With McGowan

As a leading Managing General Underwriter, McGowan Program Administrators brings decades of specialty experience and underwriting expertise to the commercial real estate sector. Their efficient submission process, broad appetite, and commitment to service make them a strong partner for agents and brokers looking to place real estate umbrella coverage with confidence.
For more information on Real Estate Umbrella Insurance, please contact us!

Frequently Asked Questions

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

The program is ideal for commercial real estate operations such as apartments, hotels, office buildings, shopping centers, warehouses, and light industrial properties.

What umbrella limits are available?

Limits range from $1 million to $100 million, depending on the size and complexity of the account.

Are defense costs included within the policy limits?

No, defense costs are paid outside the policy limits, providing additional protection for insureds.

Is this program available nationwide?

Yes, McGowan’s Real Estate Umbrella Insurance is available in all 50 states and Washington, D.C.

Do insureds share limits with other policyholders?

No, each insured receives their own policy and policy number—there are no shared limits.

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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CONTACT INFORMATION

LOCATION

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