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Community Associations

Market Overview

McGowan is a Program Administrator which means we have authority to underwrite, price bind and issue policies on behalf of our carriers. We are not a wholesaler. Important: McGowan does not have premium volume or policy count requirements. 


Community Associations: Package, Fidelity/Crime, D&O and Umbrella, Condominium Package, Single Family HOA Package 


Eligible Classes:

  1. Condo Associations
  2. Single Family Homeowners Associations
  3. Cooperatives
  4. Commercial Associations
  5. Master and Mixed Use Associations
  6. Planned Unit Developments (PUDs)
  7. Property Owners Associations
  8. Townhome Associations
  9. Timeshare Associations (D&O and UMB only)

NOTE: Package, D&O and UMB are available monoline.


Coverage Offered - Condominium Package & Single Family HOA Package:

Coverage:      GL (including EPLI), Property, Equipment Breakdown, Crime, H&N-O,

Limits:             Property limits vary depending on territory, building construction, life safety

Condo:         AZ, CO, DE, D.C., IL, IN, KY, MD, MI, MN, MO, NJ, NM, NV, NC*, OH, OR, PA, TN, UT, VA, WA, WI  * No wind coverage in NC

Territory: Single Family HOA: CT, DC, DE, GA, KY, LA, MA, MD, ME, NC, NH, NJ, NY, PA, RI, SC, VT & WV



Coverage Offered - D&O:

Limits:             $1MM - $5MM

Deductible:       $1,000 and vc depending on the risk

Territory:         Nationwide



Coverage Offered - Fidelity/Crime:

Limits: As Requested

Deductible: Per coverage part

Territory: Nationwide



Coverage Offered - Umbrella:

Limits:             $1MM - $100MM

SIR:                NIL

Territory:         Nationwide

Coverage Parameters

Condo Package:

GL coverage is 1st dollar;

Property is R/C on a Blanket Basis & a deductible of 2%-5% is available for wind/hail areas

Coverage available for: Flood, Quake, Loss of Income, ERC and Equipment Breakdown.

Package minimum premiums are $5,000.00 - $10,000.00 depending on the state.



 Single Family HOA Package:

GL coverage is 1st dollar
Property is R/C and includes outdoor property such as: fencing, walls, entrance features, signs and irrigation systems
Blanket Waiver of Subrigation Provision - Waiver of rights of recovery against others



D&O Coverage:

Defense Costs Outside the Limits, Defense of Non-Monetary Claims, Defense of Breach of Third Party Contract Claims, Failure to maintain or obtain insurance claims coverage for the community association manager, Third Party Discrimination coverage, EPL.



UMB Coverage:

Features:         Defense Costs Outside the Limits, No Shared Limits

F/F Coverage: GL, AL, EL, D&O (including EPLI), GKLL, Liquor




*Property Managers are covered as an Additional Insured on the Package, D&O and Umbrella.



Carriers are A Rated and policies are issued on admitted paper.

Commission Schedule

We offer competitive commission.

Application Requirements

McGowan Broker Agreement, Broker Questionnaire, Producer Background Report, E&O Dec Page, W-9, and Licensing Spreadsheet.

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