Homeowners Insurer Openly Enters Ohio

November 13, 2020

Boston-based Openly is now selling homeowners insurance in Ohio.

Ohio homeowners and independent agents can now buy Openly’s premium insurance, obtaining quotes in 15 seconds, according to the company’s media release.

The company said its entrance to the state provides homeowners access to more transparent, personalized, and expansive coverage. Rather than listing everything included in a policy, Openly’s policy focuses on what is not included in the plan, eliminating questions or doubts around coverage.

Openly said it has seen widespread adoption of its home insurance product and has expanded its coverage. In June, Openly announced raising $15M in a Series A funding round, which has allowed for rapid growth and plans to continue expanding into Massachusetts, Indiana, Georgia and South Carolina.

Agents are already live on its platform in Arizona, Illinois, Pennsylvania, Tennessee and Kentucky.

Source: Openly

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