Openly Insurance Reviews 2023
Is it a Right Choice for your Home Insurance?
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Last Updated: August 24, 2023
Overview
- No of reviews: Google (58), Trustpilot (415), Clearsurance (4) | Total Reviews (447)
- No of ratings: Google (4.2), Trustpilot (4.8), Clearsurance (2) | Total Ratings (3.7 out of 5)
- Phone number: (857) 990-9080
- Address: 131 Dartmouth St, Boston, MA 02116
Openly Insurance is a prominent player in the United States insurance market, revolutionizing the way homeowners are protected. Through its tech-driven approach, openly has gained significance by providing specialized coverage options tailored to the needs of modern homeowners.
Let us delve into the specifics of Openly Insurance, its coverage specialization, historical journey, pros and cons, customer reviews, and the array of products and services it offers to make you easy to decide on getting home insurance.
Openly Insurance Pros and Cons
- Offers higher value home coverage up to $5 Million.
- Provide additional customized policies.
- 90% of customer retention rate.
- Available only in 21 states.
- Mostly focused on high-value homes.
- The cost of insurance tends to be higher as not many discounts are available.
Coverage Specialization of Openly Insurance
Openly Insurance sells homeowners policies that can be used for multiple occupancy types, including primary, seasonal, secondary, and rented to others. The policy offers premium coverage, including guaranteed replacement cost, open perils contents coverage, and high available water backup limits.
Home Insurance Coverages
The standard home insurance coverage that Openly provides are:
- Dwelling: Protects your home’s structure, like fire and windstorms, from covered perils.
- Other Structures: Covers standalone structures on your property, such as garages and fences.
- Personal Property: Safeguards belongings inside your home from theft and damage.
- Loss of Use: Provides funds for temporary living expenses if your home becomes uninhabitable.
- Personal Liability: This covers legal costs if you’re held responsible for injury or property damage.
- Medical Payments: Assists with medical expenses for minor injuries to guests on your property.



Openly Added Policies
- Comprehensive Form (HO-5), providing superior coverage and additional protections for your home and personal property.
- Rent-to-Others policies offer home insurance coverage, even if you don’t live in it.
Openly Insurance Near You
You can find openly insurance agents near you in 21 states:
Alabama, Arizona, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Mississippi, Missouri, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, and Wisconsin.
Openly Home Insurance Reviews
The company’s footprint continues to expand, allowing even more homeowners nationwide to benefit from its distinctive coverage offerings.
Openly’s dedication to excellence is evident not only in its offerings but also in its exceptional ratings. With an impressive A- rating from AM Best, they have demonstrated their financial stability to meet policyholder obligations. This rating assures clients that their trust in Openly is well-placed.
Additionally, Openly boasts an A rating from the Better Business Bureau (BBB), a testament to its commitment to ethical business practices and customer satisfaction.
Openly Customer Reviews
Easy to Quote, quick response time, good rates. Easy to navigate website.
Openly makes the quoting and binding process incredibly easy. I had a few questions due to a challenging client and they were quick to respond and help. Love working with them.
Nick handled my set up for the house I am buying in Georgia. He was very personable. Gave me his number to call day or night if I should have any issues. Great customer service.
A pain to work with took 3 weeks from when we made a claim to when a adjuster finally showed up. They have made us jump through multiple hoops to get approved and a constant phone tag. Then they approved everything then the next week.
Openly representatives are very professional and personable people. Someone is always available to help and answer your questions. Thanks Openly!
Source: Google, BBB, Trustpilot


Other Home Insurance Companies to Consider
If you’re in the market for alternative home insurance options, these reviews can serve as valuable information in your decision-making process.
Typtap Insurance: A user-friendly choice offering digital convenience and unique coverage options for homeowners seeking modern solutions.
Read More on TypTap Insurance Review>>
Edison Insurance: Embracing eco-friendly initiatives, Edison provides comprehensive coverage along with incentives for green home improvements.
Read More on Edison Insurance Review>>
Orion Insurance: Tailoring coverage to your needs, Orion focuses on personalized policies that extend from structure protection to exceptional customer service.
Read More on Orion Insurance>>
Olympus Insurance: For high-value homes, Olympus offers specialized coverage and risk management strategies, safeguarding luxury investments.
Read More on Olympus Insurance>>
Otto Insurance: Utilizing advanced technology, Otto’s real-time adjustments and efficient claims process provide customized protection for evolving needs.
Conclusion
Openly Insurance has emerged as a trailblazer in the US insurance market, revolutionizing the way homeowners protect their properties. With its coverage specialization, tech-driven approach, and customer-centric philosophy, the company has garnered positive reviews and ratings. While it may not be a perfect fit for everyone, Openly’s commitment to innovation and flexibility makes it an appealing option for forward-thinking homeowners seeking modern insurance solutions tailored to their needs.
Frequently Asked Questions
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Is Openly a Good Insurance Company?
Openly is considered as one of the most trustworthy insurance providers. Openly Insurance is recognized for its commitment to innovation, personalized coverage, and exceptional customer service not only to the insurance seeker but independent agents as well.
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Who is Openly Insurance Backed By?
Openly Insurance receives financial backing from Rock Ridge Insurance Company, an AM Best A- (Excellent) rated admitted insurance carrier.
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Does Openly Insurance Provide Other Coverage?
Openly Insurance specializes in homeowners’ insurance, offering coverage options tailored to the unique needs of homeowners. While their primary focus is on delivering cutting-edge home insurance solutions, they don’t provide other insurance options for now.
Highlights
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