Openly Expands Homeowners Insurance Platform into Massachusetts

April 26, 2021

Homeowners insurance platform Openly has made its services available in its home state of Massachusetts.

Independent insurance agents in Massachusetts can now access Openly’s coverage and obtain quotes in seconds.

Openly has filed for licenses now in nine states with plans to continue to offer coverage options nationally. Openly’s quoting platform in Arizona, Illinois, Pennsylvania, Tennessee, Kentucky, Ohio, Indiana and Wisconsin. More than 1,500 independent insurance agencies are currently offering Openly’s product to homeowners and the platform boasts a 91% retention rate among homeowners to renew policies, the company said.

Openly, which originated in Massachusetts and is based in Boston, was founded by insurance industry veterans Ty Harris and Matt Wielbut in 2019. Openly offers coverage with features like Coverage A up to $3 million, guaranteed replacement costs up to $5 million, and very limited coastal restrictions.

Topics Homeowners Massachusetts

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