Flood Insurance

Product Overview

Eligible Classes

  • Apartments
  • Condominiums • LRO
  • Office
  • Retail
  • Restaurants
  • School
  • Municipalities
  • Manufacturing
  • Warehousing
  • Hotels
  • Vacant Buildings
  • Student Housing
  • Subsidized Housing
  • Senior Living
  • Hospitals
  • Governmental Buildings
  • Builders Risk

 Limits:  Up to $20,000,000 Primary; $15,000,000 – Excess; Higher limits available upon request

Coverage Overview

Coverages & Special Features

  • Primary NFIP—All Zones
  • Excess Flood (Including BI)


  • Buildings
  • Business Personal Property
  • Business Income/Loss of Rents
  • Additional Coverage Endorsements Available Upon Request
  • All types of construction and parking available for consideration
  • Target primary to full limit risks, first excess layers will also be considered
  • Age of risk 1950 and newer, older buildings may be submitted for consideration with acceptable retro-fit information
  • Target Occupancies include Commercial Habitational, Office, Real Estate, Entertainment, Hospitality, Light Manufacturing, Municipalities Retail and High Value Dwellings – minimum $2M
  • All accounts are fully modeled – provides accurate risk pricing and eliminates churning of portfolio at renewal

Minimum Deductible

  • Earthquake: 5% Subject to $25,000 Minimum Per Occurrence (Can Provide Buydown to 1% or Below if Needed)
  • Flood: $50,000
  • All Other Perils: $25,000

Carrier: A.M. Best “A” Rated or Better

Territory: Earthquake: Alaska, California, Hawaii, Nevada, Oregon, Utah, Washington, Arkansas, Illinois, Indiana, Kentucky, Missouri, Tennessee

CAT & Specialty Property Division Applications

Download:  ACORD Application (125)
Download:  Habitational Questionnaire
Download:  Checklist
Download:  MRS CAT (SOV)
Download:  MRS NON-CAT (SOV)

To Obtain Quotes:

A complete submission requires the following:

  1. ACORD application (Commercial Section).
  2. 3 – 5 years of loss summary for all underlying policies.
  3. Supplemental applications (at the underwriter’s discretion).

Please submit to: ajames@mcgowanrisk.com

To Bind Coverage:

  1. A written request to bind.
  2. A signed ACORD submission.
  3. 3 years of loss runs for all underlying policies.
  4. Supplemental applications (at the underwriter’s discretion).

Austin James (FL)
Tracy Larson           Stephanie Kramer         Carla Carroll