McGowan Program Administrators
Community Associations D&O Insurance
Overview of the Program from McGowan
McGowan Program Administrators offers a focused Directors & Officers (D&O) Liability Insurance program built for community associations. The program addresses the governance, management, and volunteer exposures that boards, property managers, and association professionals face. Designed for agents and brokers, the offering combines flexible underwriting, carrier access, and coverage tailored to common association disputes — both monetary and non-monetary — so you can place accounts with confidence.
Ideal Accounts and Appetite
This program fits a broad range of community association types, including:
- Homeowners associations (HOAs)
- Condominium associations
- Cooperatives
- Townhome associations
- Planned unit developments (PUDs)
- Master associations
- Rental pool associations
- Property owners associations
- Timeshare associations
- Common interest developments
- Commercial associations and mixed-use condos
Typical fits include owner-occupied and mixed owner/rental associations, developer-controlled boards, and metropolitan condo associations. Accounts with standard governance structures and routine assessment collections are strong candidates. Unusual or high-hazard exposures should be submitted for review — McGowan can often consider unique risks but will evaluate on a case-by-case basis.
Coverage Highlights and Advantages
McGowan’s Community Associations D&O Insurance provides features that respond to the most frequent and costly association claims:
- Available limits from $1 million up to $5 million
- Defense and indemnity for monetary claims against insureds
- Defense-only coverage for non-monetary relief (for example, injunctive actions)
- Broad definition of insureds: directors, officers, the entity, property managers, volunteers, committee members, employees, and leased employees
- Defense for third-party contract disputes involving the association
- Defense for claims alleging failure to obtain or maintain insurance
- Third-party discrimination coverage
- Eligibility available for developer-controlled boards
These elements help associations manage litigation risk, protect volunteer leadership, and reduce the financial impact of governance-related lawsuits.
Underwriting Notes and Minimum Premiums
McGowan places this program through multiple carrier partners and offers flexible underwriting solutions. Each account is assessed individually based on exposures, governance practices, claims history, and financial condition. Minimum premiums and final terms vary by carrier and state; submit the risk for a tailored quote and underwriting guidance.
Territories and Availability
This program is available nationwide — all 50 states and Washington, D.C. Agents can submit accounts from California to Florida and everywhere in between. Coverage placement options may vary by state and carrier, so consult McGowan’s underwriting team for state-specific considerations.
Why Work With McGowan on This Business
As a program administrator and managing general underwriter, McGowan brings dedicated expertise in community association risk. Their underwriters understand association governance, common dispute drivers, and practical coverage structures. Partnering with McGowan gives you access to multiple carrier relationships, responsive service, and solutions for both stand-alone D&O placements and packaged programs. If you need a reliable market that knows association exposures, McGowan is positioned to help you place and service these accounts effectively.
For more information on Community Associations D&O Insurance, please contact us!