Openly Insurance

Openly Insurance Review

Openly Insurance is an insurance carrier based in Boston, MA. The company was founded in 2017 and offers home insurance in 19 states in the USA.

Openly Insurance FAQ

What is the financial strength rating of Openly Insurance?

The financial strength rating of an insurance company scores its ability to pay contracts and policies. Each agency has its own standards and rating scale and a company's rating can change any day. It's a good idea to check the financial rating of an insurance company before you purchase a policy. There are five main rating agencies. SuperMoney's financial strength rating is based, among other factors, on the average score from available ratings.

SuperMoney does not have enough data to provide a financial rating for Openly Insurance.

What types of coverage does Openly Insurance offer?

Home insurance includes a wide range of coverages. One of the best ways to saving money on your home insurance is to only pay for the coverage you need. Openly Insurance offers the following types of home insurance coverage:

Dwelling Coverage:

Also called "dwelling insurance." This is the part of your homeowner's insurance policy that helps pay for the rebuilding or the repair of the physical structure of your home if it's damaged by a covered hazard.

Openly Insurance customers can also add the following riders or endorsements to their home insurance policies:

Equipment Breakdown Protection:

This protects from loss due to a mechanical or electrical breakdown of nearly any type of equipment, including photocopiers and computers. Coverage applies to the cost to repair or replace the equipment and any other property damaged by the equipment breakdown.