INSURANCE CARRIER
Openly Insurance Review
Broader Homeowners Coverage Backed by Berkshire Hathaway
Personal Lines
- File a claim 888-808-4842 · 24/7 online and phone
- Online Account & claims portal
- After hoursFile online or call 1-888-808-4842 anytime.
Coverage Focus
What this carrier writes
Overview
About This Carrier
Openly is a managing general agent backed by Berkshire Hathaway. They write broad-form homeowners coverage exclusively for higher-value homes, providing open-perils protection on both the dwelling and personal property. Openly is available only through independent agents and writes Johns Creek, Alpharetta, and Milton homes over $400,000.
Strengths
What This Carrier Does Well
Broad-form open perils coverage on both dwelling and contents as the default, not an upgrade, meaning fewer exclusions than standard homeowners policies.
Extended replacement cost coverage included by default, protecting against rebuild cost increases after a major loss event.
Backed by Berkshire Hathaway.
Limitations to Know
Where They Fall Short
Only writes homeowners insurance, so clients who want to bundle home and auto must use two different carriers.
Not yet in independent satisfaction surveys, so independent claims satisfaction data is limited.
Newer carrier without the decades-long claims record of Travelers or Nationwide; long-term pricing stability and claims behavior over multiple storm cycles is still developing.
Right Fit
Who They Are Best For
Best Fit For
Homeowners with high-value or newer properties who want broad coverage with fewer exclusions, clients looking for a modern policy that includes extended replacement cost by default.
Not a Good Fit For
Older homes, properties with wood or aging roofs, recent claims, or any risk outside preferred criteria. Openly's underwriting is intentionally narrow and non-renewals happen quickly when homes age into risk.
Appetite & Coverage
What They Write
- Line of Business
- Personal Lines
- Coverage Types
- Homeowners (standard and broad-form coverage), Scheduled Personal Property
- States Available
- Available in most states including Georgia
- Personal Lines States
- Available in most states. Confirm Georgia availability at binding.
Pricing & Claims
What to Expect
Best Pricing For
Openly is highly competitive for homes between $400,000 and $1.5M with newer roofs and no recent claims. Their pricing model rewards well-maintained, higher-value properties in preferred suburban zip codes like Johns Creek, Alpharetta, and Suwanee.
Pricing Context
Openly is priced toward the upper end of the market for homeowners, which reflects their broader coverage terms. A client comparing Openly to standard homeowners carriers on premium alone will often see Openly at a higher price, but the comparison should account for the broad-form open-perils coverage on both dwelling and contents that Openly includes by default.
Claims Experience
Because Openly only writes homeowners, their claims organization is purpose-built for property claims rather than split across auto, commercial, and specialty lines. Clients report faster resolution on clear-cut losses. The digital claims interface works well for straightforward events. Large structural losses on high-value homes receive more thorough review, which is standard at any carrier.
Admitted Status: Admitted in Georgia. Licensed and regulated by the Georgia Department of Insurance. Policies are backed by state guaranty fund protections up to applicable limits.
Olive Cover, the brand of Olive Insurance Services, LLC, is your independent insurance agent. We help you file your claim and advocate on your behalf. Coverage decisions on any claim are made by your insurance carrier under the terms of your policy.
Quick Facts
At a Glance
Common Questions
Frequently asked questions
What makes Openly coverage different in Georgia?
Openly writes broad-form homeowners coverage (open-perils on dwelling AND contents, broader than standard homeowners policies) through independent agents.
What type of Georgia homeowners is Openly Insurance best for?
Openly is a managing general agent backed by Berkshire Hathaway.
Who is Openly homeowners best for in Georgia?
Openly's sweet spot in Georgia is higher-value homes (typically $400K+ dwelling), newer construction, and clean claims history.
What’s the difference between standard and broad-form homeowners coverage?
Broad-form homeowners coverage covers both your home (dwelling) AND your personal property on an open-perils basis.
What types of properties does Openly insure best?
Openly specializes in higher-value homes that standard carriers like State Farm or Allstate price poorly or decline.