HomeHome InsuranceOpenly Home Insurance Review 2024 – Forbes Advisor

Openly Home Insurance Review 2024 – Forbes Advisor


Openly stands out for its coverage enhancements for high-value properties.

Guaranteed replacement coverage of up to $5 million and replacement cost coverage of up to 150% of the dwelling coverage limit mean you don’t have to worry if costs to rebuild your house inflating end up exceeding your dwelling limit. These coverage features provide a cushion for unexpectedly high rebuilding costs, which can happen when a widespread disaster increases the demand for construction labor and materials.

Openly offers liability coverage up to $1 million, which is generous compared to competitors who sometimes offer only up to $500,000 or less.

Openly also lets you add onto a home insurance policy with expanded coverage for equipment breakdowns, landscaping, water seepage and identity theft. If you open up your house for short-term renters, you can get a home-sharing endorsement.



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