Openly’s Homeowners Insurance Now Available in Oklahoma

July 14, 2021

The Boston-based homeowners insurance platform, Openly, is now available for homeowners and independent insurance agents in Oklahoma.

Independent insurance agents in Oklahoma can now access Openly’s premium, transparent and comprehensive coverage, obtaining quotes in seconds.

Oklahoma marks the 11th state in Openly’s nationwide expansion, and will empower independent insurance agencies serving homeowners across the state. Oklahoma joins Arizona, Illinois, Indiana, Kentucky, Ohio, Pennsylvania, Tennessee, Wisconsin, New Mexico and Massachusetts as states using the Openly platform.

Openly plans to continue its expansion state by state, announcing more in the coming months. The company said more 1,700 independent insurance agencies now offer Openly’s product to homeowners, and the platform boasts a 92% retention rate among homeowners to renew policies.

Openly offers comprehensive coverage that is unique in the space, including features like Coverage A up to $3 million, guaranteed replacement costs up to $5 million, coverage for trampolines and pools with diving boards, and no prohibited dog breeds.

Openly was founded by insurance industry veterans Ty Harris and Matt Wielbut. Its centralized platform offers comprehensive coverage using advanced pricing models, the company said in a media release.

Source: Openly

Topics Homeowners Oklahoma

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