Openly Insurance Company Review (2024)
Openly Insurance Company, recognized for its innovative approach, stands out in the insurance market with customizable policies designed to meet individual needs, fostering a reputation for exceptional customer satisfaction and solidifying its position as a leading contender in the industry.
Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
UPDATED: Apr 23, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
UPDATED: Apr 23, 2024
It’s all about you. We want to help you make the right coverage choices.
Advertiser Disclosure: We strive to help you make confident insurance decisions. Comparison shopping should be easy. We are not affiliated with any one insurance provider and cannot guarantee quotes from any single provider.
Our insurance industry partnerships don’t influence our content. Our opinions are our own. To compare quotes from many different insurance providers please enter your ZIP code above to use the free quote tool. The more quotes you compare, the more chances to save.
On This Page
Openly Insurance Company
Average Monthly Rate For Good Drivers
$100A.M. Best Rating:
A (Excellent)Complaint Level:
LowPros
- Customized coverage options
- Fast and easy online quotes
- Competitive pricing
- Responsive customer service
- Quick claims processing
Cons
- Limited coverage area (check availability)
- Currently serves select states only
The article provides an insightful overview of Openly Insurance Company, a player in the insurance industry known for its customer-centric approach and innovative insurance solutions. Openly offers a diverse range of coverage options, including homeowners, auto, renters, condo, and landlord insurance, tailored to individual needs.
Their streamlined process, customizable policies, and positive customer reviews set them apart. Openly’s commitment to transparency and user-friendly online services makes it an appealing choice for those seeking insurance coverage that suits their unique requirements.
Openly Insurance Coverage Options
Openly Insurance offers a comprehensive suite of coverage options designed to safeguard your most valuable assets and provide peace of mind. Here are the coverage options offered by Openly Insurance Company, presented in a bullet list:
- Homeowners Insurance: Openly provides comprehensive homeowners insurance coverage to protect your home and its contents. This may include coverage for structural damage, personal belongings, and liability protection.
- Auto Insurance: Openly offers auto insurance coverage to safeguard your vehicle. This coverage typically includes protection against collision, comprehensive damage, and liability while driving.
- Renters Insurance: Even if you’re renting your residence, Openly offers renters insurance to protect your personal belongings. This coverage can include protection against theft, fire, and other unexpected events.
- Condo Insurance: Openly provides specialized insurance coverage tailored for condominium owners. This may include coverage for common areas, personal property, and liability.
- Landlord Insurance: Openly offers insurance solutions for landlords, providing coverage for property damage, rental income loss, and liability related to your rental property.
The specific coverage options and details may vary based on your location and policy specifics. It’s important to consult Openly directly or refer to their official website for the most accurate and personalized information regarding coverage options.
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Openly Insurance Rates Breakdown
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Driver Profile | Openly Insurance Company | National Average |
---|---|---|
Clean Record | $148 | $135 |
1+ Ticket | $161 | $142 |
1+ Accident | $198 | $180 |
DUI | $222 | $205 |
Poor Credit | $255 | $232 |
*monthly rates are based on an average of minimum and full coverage for a 45-year-old male driver
Openly Discounts Available
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Discount | Openly Insurance Company |
---|---|
Anti Theft | 5% |
Good Student | 8% |
Low Mileage | 5% |
Paperless | 3% |
Safe Driver | 10% |
Senior Driver | 12% |
How Openly Ranks Among Providers
Openly Insurance has garnered significant attention in the competitive insurance landscape for its innovative approach and commitment to customer satisfaction. Here are some potential competitors of Openly Insurance:
- State Farm: State Farm is one of the largest insurance companies in the United States, offering a wide range of insurance products, including auto, home, and renters insurance. They are known for their extensive network of agents and competitive pricing.
- Allstate: Allstate is another major player in the insurance industry, providing auto, home, and renters insurance. They often compete with innovative features and discounts for policyholders.
- Progressive: Progressive is well-known for its auto insurance offerings and its user-friendly online platform. They are recognized for their usage-based insurance programs like Snapshot.
- Geico: Geico is known for its humorous advertising campaigns and competitive rates for auto insurance. They have a strong online presence and offer various discounts.
- Farmers Insurance: Farmers Insurance offers a wide range of insurance products, including home, auto, and life insurance. They are often associated with a network of local agents.
- Liberty Mutual: Liberty Mutual provides a variety of insurance options, including home and auto insurance. They are known for their customizable policies and various discounts.
- Travelers: Travelers is a leading insurer that offers a range of insurance products, including home and auto insurance. They often focus on customer service and claims handling.
- Nationwide: Nationwide Insurance is known for its auto and home insurance products. They have a long history in the industry and offer various coverage options.
- USAA: USAA primarily serves members of the military and their families, providing a range of insurance and financial services, including auto and home insurance.
- Erie Insurance: Erie Insurance is a regional insurance company known for its strong customer service and affordable coverage options in the areas it serves.
The competitive landscape in the insurance industry can vary by location, and the market may have evolved since my last update. It’s advisable to conduct up-to-date research and compare quotes and policies to determine the best insurance options for your specific needs.
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Openly Insurance Company Claims Process
Ease of Filing a Claim
Openly Insurance is committed to providing a streamlined and user-friendly claims process. Policyholders have multiple options for filing a claim, ensuring convenience and accessibility. You can file a claim online through their official website, over the phone by contacting their customer support, or by using their mobile app.
Average Claim Processing Time
Openly Insurance is known for its efficient claims processing. While specific processing times may vary depending on the nature and complexity of the claim, they aim to handle claims promptly. Policyholders can typically expect a quick and hassle-free claims resolution experience, allowing them to recover from unexpected events with minimal delay.
Customer Feedback on Claim Resolutions and Payouts
Customer feedback is a valuable indicator of an insurance company’s performance in handling claims. Openly Insurance has received positive reviews from policyholders regarding their claim resolutions and payouts. The company’s commitment to transparency and fairness in the claims process has contributed to their reputation for excellent customer service in this regard.
Openly Insurance Company Digital and Technological Features
Mobile App Features and Functionality
Openly Insurance offers a feature-rich mobile app that empowers policyholders with convenient access to their insurance information. The app provides functionalities such as policy management, claims submission, and real-time updates on the status of claims.
Online Account Management Capabilities
Managing your insurance policies and accounts online is made easy with Openly’s online account management portal. Policyholders can log in to their accounts to view and update policy details, make payments, and access important documents. This online platform ensures that you have full control over your insurance policies and can make necessary changes without hassle.
Digital tools and resources
Openly Insurance provides policyholders with a range of digital tools and educational resources to enhance their insurance experience. These resources include informational articles, FAQs, and tools to help you calculate coverage needs and understand policy options.
Frequently Asked Questions
Does Openly Insurance offer any discounts for multiple policies?
Yes, Openly Insurance often provides discounts when you bundle multiple insurance policies. Bundling your homeowners, auto, or other insurance policies can lead to significant cost savings.
How does Openly determine the cost of my insurance premium?
Openly calculates insurance premiums based on various factors, including your location, the type of coverage you need, the value of your assets, and your insurance history.
What sets Openly apart from other insurance companies?
Openly distinguishes itself by its commitment to transparency, customizable policies, and a streamlined customer experience.
Can I make changes to my Openly insurance policy after purchase?
Yes, Openly Insurance policies are flexible. You can make adjustments to your coverage, such as increasing or decreasing limits, adding or removing coverage options, and updating your policy to reflect changes in your circumstances.
How can I reach Openly’s customer support in case I have questions or need assistance?
Openly offers various customer support channels, including phone, email, and an online chat feature on their website.
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Daniel Walker
Licensed Insurance Agent
Daniel Walker graduated with a BS in Administrative Management in 2005 and has run his family’s insurance agency, FCI Agency, for over 15 years (BBB A+). He is licensed as an insurance agent to write property and casualty insurance, including home, life, auto, umbrella, and dwelling fire insurance. He’s also been featured on sites like Reviews.com and Safeco. To ensure our content is accura...
Licensed Insurance Agent
Editorial Guidelines: We are a free online resource for anyone interested in learning more about auto insurance. Our goal is to be an objective, third-party resource for everything auto insurance related. We update our site regularly, and all content is reviewed by auto insurance experts.
4 reviews