Real Estate

WGA’s Real Estate Practice understands the unique priorities that various types of real estate companies have and how to handle risks they encounter. WGA’s Real Estate team specializes in working with:

  • Real Estate Brokers
  • Asset Managers
  • Property Management
  • Construction
  • Property Development
  • Special Loan Servicers
  • Mortgage Brokers

Whether the priority is a major catastrophe placement, mortgage compliance, administrative ease of issuing certificates of insurance, efficiently handling property acquisitions, or cash flow, we have the expertise to create the most prudent risk management program possible.

Insurance for Real Estate Assets

  • Builders Risk
  • Property
  • Business Income or Loss of Rents
  • General Liability
  • Umbrella Liability
  • Surety Bonds
  • Fidelity Bonds
  • Real Estate Professional Liability
  • General Partnership Liability
  • Wrap-Up Programs
  • Residual Value Guarantee
  • Environmental Insurance
  • Forced Place/REO Programs
  • Tenant Insurance Programs
  • Coverage for LEED Certified Buildings

Insurance to Facilitate Real Estate Transactions

  • Representations & Warranties
  • Tax Opinion Liability
  • Cost Cap Environmental Liability
  • Litigation Buyout
  • Credit Insurance
  • Aborted Bid Cost Insurance
  • Hostile Takeover Insurance
  • Zoning Restriction Protectors
  • Residual Value
  • Recapture of Rehabilitation investment tax credits
  • Sovereign Risk Credit
  • Lease Enhancement
  • Zoning Restriction Protection
  • TIF Bonds
  • Consumer Price Increase Protection
  • Utility Price Protection
  • Insurance for Building construction such as OCIPs, CCIPs (Wrap-Ups)
  • Surety Bonds

Corporate Insurance for Real Estate Entities

  • Limited Liability Corporation Protection
  • General Partners and Limited Partners Reimbursement Policies
  • REIT’s Directors & Officers Liability Policies
  • Professional Liability for Property Managers and Construction Managers
  • Real Estate Advisor/Asset Manager/ Fiduciary Errors & Omissions
  • Architect’s Errors and Omissions
  • Workers Compensation and Employers Liability
  • Employers Practices Liability
  • Crime Insurance
  • Employee Benefits, including 401(k) programs

Additional services offered include Risk Control Consulting, Replacement cost analysis, PML analysis, property loss control engineering along with inspections and recommendations, and contract review for leases, mortgages, property management agreements and other vendor agreements. WGA also provides Claims consulting services such as loss analysis, special claims handling procedures and major claims resolutions.

For additional information about our Real Estate Practice or other insurance needs, please email WGA atinfo@WGAins.com, call us at 888-261-8884, or click here to tell us more about your specific needs.