Openly Insurance Company

Coastal Offers Specialty Insurance From Openly for High-Net-Worth Individuals

openly home insurance

Top A+ Rated High Net Worth Carriers

1st Box new
2nd Box new
3rd Box new


As seen on CNBC, CNN Money, ABC News, The Wall Street Journal


As seen on CNBC, CNN Money, ABC News, The Wall Street Journal

5-Star Reviews Across Review Sites


google reviews grey


facebook reviews grey


trusted choice reviews grey 2


bbb symbol new grey 4


Openly High-Value Home Insurance Packages

Reimagining the Insurance Experience

  • Technology-driven solutions to keep premiums affordable
  • Guaranteed replacement cost coverage up to $5 million
  • Higher sub-limits to better protect valuables
  • Customizable home insurance packages for upscale homes
  • Specialized home insurance packages for landlords
high value insurance company logos

Openly Custom Insurance Protection for Upscale Homes

home insurance articles 2019

Standard home insurance policies often leave too much to chance due to gaps in coverage. On the other end of the spectrum, ultra-high value carriers can exclude coverage for many upscale homes. Openly brings exclusive options you’d expect to find with high-end insurers while making their enhanced coverage options available to more homes.

With a focus on protecting upscale homes, Openly services the market for homes with a rebuild value of $200,000 up to $5 million. Openly opened its virtual doors in 2017 with a goal of modernizing the insurance industry by leveraging technology to streamline underwriting. This strategy improves customer satisfaction and retention and simplifies the coverage experience.

Although a newer insurer in the upscale market, Openly draws on the expertise of experienced insurance professionals. Starting business in just a few states, Openly continues to expand and is well on its way to offering coverage nationwide.

Invest in Openly Insurance Coverage for Your Home

Many home insurance policies cap coverage at $1 million. High-end insurers often don’t cover homes with a rebuild value of less than $1 million. Openly targets upscale homes with its unique home insurance options without the restrictions often found with other insurers.

Whether your home costs $250,000 to rebuild or $2.5 million, Openly offers a comprehensive solution to home insurance coverage that fixes gaps often left by traditional home insurance policies.

Openly describes their product as premium insurance made simple. A broad selection of options makes Openly a value-driven choice for homeowners that want customized coverage at the best price possible.

Choose Openly for your first home, second home, seasonal home, or even homes rented to others.

Openly Insurance Customer Brochure

Openly Enhanced Home Insurance for Upscale Homes

  • Customize your home insurance. Choose from HO-3 or HO-5 base policies, and then customize to build a comprehensive coverage solution. Both HO-3 and HO-5 policies provide open-peril coverage for your home. HO-5 policies extend open peril coverage to your belongings as well, expanding your protection for more risks.
  • Enjoy premium coverage for upscale homes. Openly offers guaranteed replacement cost coverage for homes with a rebuild value of up to $5 million.
  • Protect your family against common liability risks. Safeguard your savings and future earnings with personal liability insurance as part of your Openly home insurance package.
  • Pay for medical expenses due to accidental injury. Accidents happen. Your Openly home insurance policy offers coverage of up to $10,000 for medical payments to others. This policy feature allows you to quickly handle common mishaps that result in injury. Standard home insurance policies often cap coverage at half this amount.
  • Protect your belongings. Openly offers more comprehensive coverage for personal property by increasing sub-limits for many types of property. This reduces the need for pricier scheduled coverage in many cases and addresses coverage gaps common to standard policies.
openly high value home insurance

Openly Insurance Protection for Landlords

Openly’s unique landlord policy protects your real estate investment with extra coverage options you may not find elsewhere.

  • Coverage B protects additional structures on the property
  • Coverage for landlord-owned personal property stored on premises
  • Premises liability insurance to cover accidental injuries to others

Openly Optional Coverages

Openly lets you customize your coverage to your unique needs. This cost-saving strategy lets you insure risks without paying for coverage you don’t need. Many standard home insurance policies do not offer these options at all, leaving potentially costly gaps in coverage.


  • Water backup coverage
  • Earthquake coverage
  • Buried utility line coverage
  • Equipment breakdown coverage
  • Personal cyber insurance coverage
  • Sinkhole coverage where available
  • Homesharing program coverage
  • Scheduled property coverage for valuables

About Openly Insurance

Openly focuses its business on one priority: protecting your home with a customizable home insurance package that brings premium coverage options at an affordable price.

Most homes insured by Openly fall within the $400,000 to $3 million rebuild value range. Traditional insurers often overlook risks unique to this part of the market, leaving gaps in coverage that may not be obvious until you have a loss.

Openly offers affordable ways to cover unique risks by using a-la-carte options that let you build a comprehensive coverage package to protect the investment you’ve made in your home.

Openly’s commitment to transparency and use of technology lead to faster underwriting, easy to understand coverage, and competitive pricing. You’ll get world-class protection for your home, but also experience top-rated service whether you have a claim or simply a question about your coverage.

Openly sells exclusively through independent agencies like Coastal Insurance. The experienced insurance advisors at Coastal Insurance work with you closely to design a home insurance package that answers your coverage priorities at the best price possible.

Contact Coastal Insurance today to learn more about your home insurance coverage choices.

Learn More About Openly Insurance


High-Value Luxury Home Insurance Secret

Helpful High Value Home Insurance Articles

high net worth insurance market 2023
A High-Net-Worth Tsunami

A High-Net-Worth Tsunami

How to Navigate the Surge in High-Net-Worth Homeowners Insurance Rates Navigating the complex high-net-worth homeowner insurance market is proving to be more challenging than ever. This sector, usually known for its stability and security, is now grappling with...