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Hospitality: Hotels, Casinos And Resorts


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.                                                                                                                                                                

Hospitality (Hotels, Casino Hotels, Destination Resorts)

Eligible Classes:

  • Luxury Hotels
  • Casino Hotels
  • Casino Resorts
  • Full Service Hotels
  • Destination Resorts
  • Timeshare Associations

** Contact us for a list of eligible hotel franchises. 


Coverage Parameters

Coverage Offered - Umbrella:

Limits: $1MM - $100MM
Limits: Up to $225MM for Casino Hotels & Resorts
SIR: NIL
Territory: Nationwide

UMB Coverage:

Features: Defense Costs outside the Limits, Aggregates Per Location
F/F Coverage: GL, AL, EL, GKLL, Liquor

NOTE: Property Manager is covered as an Additional Insured on the Umbrella.


Insurer(s)

 All 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, Licensing Spreadsheet.

 

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