Openly requires information about the dwelling's Primary Use occupancy to generate a quote. This is a selection on the Interview Tab.
Agents should select the most applicable option from the list below:
| Primary (HO-5 form) | A main residence is occupied by the owner a majority of the time. |
| Secondary (HO-5 form) | A secondary residence is a property regularly occupied by the insured and used throughout the year in addition to the primary residence located elsewhere. |
| Seasonal (HO-5 form) | A seasonal residence is a secondary residence with continuous unoccupancy of three or more consecutive months during any one-year period. |
| Rental (HO-3 form) | This is a residential property owned by the insured that does not serve as the insured's primary residence and is rented to others for six or more months of the year. |
Openly’s Home-sharing Endorsement provides certain coverages for Airbnb / VRBO-type activities at a dwelling for a portion of the year (subject to state-specific guidelines). Select this option on the Coverage Tab when quoting. Learn more about home-sharing for HO-5 and HO-3.
Openly does not have an appetite for the following occupancy types:
- Vacant: A dwelling no one lives in and is substantially unfurnished
- Homes under the course of new construction: A vacant dwelling undergoing construction of entirely new structures and / or significant extensions to existing structures, whether or not the site was previously occupied
Openly offers an Under Construction Endorsement for unoccupied dwellings undergoing renovation or remodeling for less than 180 days.
For further assistance, contact us via our webform or Live Chat.