What is Inflation Guard?

Openly may adjust the liability limits for Coverage B (Other Structures), Coverage C (Personal Property), and Coverage D (Loss of Use) at the start of every policy term. This reflects estimated increases in the rebuilding and replacement costs of the insured property, thus ensuring policyholders maintain adequate coverage despite fluctuating market prices.

The payment of the required premium for the next policy term will be seen as an acceptance of these adjusted limits.

If the policyholder wishes to adjust these coverage limits, contact us via our webform or Live Chat for further assistance.

Was this article helpful?
0 out of 0 found this helpful