We're leading the way in modernizing home insurance by simplifying the quoting and buying process, and exceeding your expectations with our service. Bests News & Research Service - September 05, 2019 09:38 AM (EDT). for theft of building supplies from a new house that isnt ready to live in yet. You also wont have an issue getting coverage if you have a pool no matter if it has a diving board and slide, or no fencing around it. Get in Touch Support For service, billing or policy-related inquiries: Hours of Operation MondayFriday, 9am8pm ET Give us a Call (888) 808-4842, Option 1 Submit a Request Submit a request online, 24/7 Live Chat Chat with our support team by clicking on the "Chat" button located in the bottom right corner of your screen. Factors supporting this relationship are the companys role and strategic importance to the groups strategy; common ownership; common management; explicit and implicit support, including significant reinsurance programs; and an expectation of future financial and operational support. At Rockbridge Insurance Group, we specialize in building longstanding relationships which lay the foundation of integrity, trust & exceptional service for our valued clients & partners. Old Company Names Effective Date. The company's . But thats not to say it doesnt offer any ways to save. The following coverages are either included or can be added to your Openly insurance policy for an additional cost: Guaranteed replacement cost for your home: Pays the full cost to rebuild your home after a covered loss regardless of your coverage limits. Get Free Insurance Industry News Updates Delivered to Your Email! ROCK RIDGE INSURANCE COMPANY in Sacramento, CA | Company Info - Bizapedia Sarah is a NerdWallet authority on homeowners, renters and pet insurance. Our group of experienced professionals are committed to a thorough examination of your insurance requirements, delivering solutions to protect your most valuable assets while rendering a service level that enables you to know youre in the best hands. Visit www.ambest.com for more information. And while our site doesnt feature every company or financial product available on the market, were proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward and free. , such as food that goes bad when lightning knocks out your electricity. . Thu Jun 29 2023. . Openly wasnt included in J.D. Claims | Openly Guaranteed replacement cost for your home: Credit or debit card, forgery, or counterfeit money: How long has Openly insurance been around? Disclaimer: NerdWallet strives to keep its information accurate and up to date. Learn more about how to file a home insurance claim. Ian Bloom, CFP, RLP, is a certified financial planner and a member of the Financial Review Council at Policygenius. Email us ateditorial@policygenius.com. Sir Keir described his party's commitment to the . Learn about our editorial standards and how we make money. 5815 Saturday, 9am-4pm ET. Yes, we have to include some legalese down here. AM Best Assigns Credit Ratings to Rock Ridge Insurance Company Follow along as Openly continues to grow and evolve into the future, challenging the insurance status quo. Beyond those reasons, though, we offer agents the following benefits: Our support team is available MondayFriday, 9am8pm ET. NerdWallet's ratings are determined by our editorial team. Contact Us | Openly Learn more about how to file a home insurance claim. Insurance coverages are provided by Clear Blue Insurance Group, rated A- (Excellent) by AM Best. Customer service: You can contact Openly by email at [emailprotected], call 857-990-9080 or use the websites live chat function. GUAYNABO, PR 968-3346. : Digital-first insurance that comes with free smart-home technology in many states. Greg Williams Alyce R., York, PA . Its policies are available for primary homes, vacation or secondary homes, and houses used as rental properties. Openly covers your belongings on an open perils basis instead, paying for damage from anything except perils your policy excludes. Agent For Service. Unlike other home insurers that let you get quotes and buy policies online, Openly sells policies only through independent insurance agents. Learn more about. Insurance coverage is underwritten by Rock Ridge Insurance Company, an AM Best A- (Excellent) rated, admitted insurance carrier. Ian Bloom, CFP, RLP, is a certified financial planner and a member of the, This article has been reviewed by a member of our. In fact, Openly does not underwrite its own homeowners insurance policies; Rock Ridge Insurance Company handles that aspect of the business. Customer service options: You can get in touch with an Openly customer service rep by calling 888-808-4842, emailing hi@openly.com, or using the live-chat feature on Openlys website. NAIC complaintsRatings are based on complaints to state regulators relative to a companys size, according to three years worth of data from the National Association of Insurance Commissioners. Date of experience: May 02, 2023 PD Penny Dass 10 reviews GB A day ago Verified Broad coverage is included for your belongings. Loss assessment: Offers up to $100,000 in coverage to pay your share of what's owed to your homeowners association for damage caused to common areas that all members are responsible for. Openly policies also include the following: Ordinance or law coverage, which pays to bring your home up to current building codes during covered repairs. Rock Ridge Insurance Company Company Profile | Philadelphia, PA Mine subsidence: Covers damage to your home due to ground movement caused by man-made underground mines. for property damage or liability claims due to mold, rot or bacteria. Three pieces of info With only a name, date of birth and address, our technology simplifies the process for securing an insurance quote. +1 908 439 2200, ext. The company's filing status is listed as Active and its File Number is 5669038. Rock Ridge Insurance Company provides general agents and underwriters with access to new markets with varied risk appetites and tremendous capacity. Openlys policies include guaranteed replacement coverage for your home a rare perk. Company Type. Sign up and well send you Nerdy articles about the money topics that matter most to you along with other ways to help you get more from your money. (NAIC home insurance complaints also cover other home policy types, including mobile home, renters and condo insurance.). NerdWallet does not receive compensation for any reviews. christopher.sharkey@ambest.com Other structures coverage: Pays to repair or rebuild other structures on your property not connected to your home, including detached garages, storage sheds, and fencing. I was put at ease by the claims adjuster. Flexible Data Formats: We have the ability to accept most formats, data segmentation, just so long as it includes all of the data elements and transactional detail we need. The outlook assigned to these Credit Ratings (ratings) is stable. Not all insurance companies offer guaranteed replacement cost coverage for your dwelling, and having it included in a standard policy is even more rare. Covers injuries to guests in your home, regardless of fault. Is the home unsafe to live in because of the damage caused by the loss? Clear Blue Insurance Company is a mediocre home insurance company. If you find discrepancies with your credit score or information from your credit report, please contact TransUnion directly. You may also be able to save by getting an advance quote before your policy takes effect or by choosing to have documents delivered electronically. But the coverage may be worth the inconvenience. Company Description:? Openly scores high on our price rating scale thanks to its average annual home insurance rate thats around 50% cheaper than the national average. To assess how insurers compare to one another, the NAIC calculates a complaint index each year for each subsidiary, measuring its share of total complaints relative to its size, or share of total premiums in the industry. Our core offering is a homeowners policy that can be used for multiple occupancy types, including primary, seasonal, secondary, and rented to others. Buried service lines, which pays to fix damage to underground utility lines youre responsible for. Ratings are based on the number of discounts a company offers in comparison to other insurers. Senior Managing Editor & Home Insurance Expert. However, its not available nationwide. We have built and delivered sustainable, world-class insurance products at global scale. Clear Blue Insurance Group - Dick Law Firm NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. Your home is important to you. Weve partnered with some of the top contractor networks in the industry to ensure that you have the best options to move forward with your repairs. Protect yourself and your loved ones and call authorities, if needed. 5159 The company offers a bundling discount if you buy your Openly policy and an auto insurance policy from the same agent. NerdWallet conducts its data analysis and reaches conclusions independently and without the endorsement of the NAIC. ROCK Insurance Group Reviews | Read Customer Service Reviews of For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings. Our opinions are our own. The average cost of home insurance with Openly is $1,125 per year for $300,000 in dwelling coverage, according to Policygenius rate data. They always have me and my familys best interests in mind. The scoring formula takes into account consumer complaint and customer satisfaction data. To evaluate a companys complaint history, NerdWallet calculated a similar index for each insurer, weighted by market shares of each subsidiary, over the three-year period. Ty and Matt knew that they could combine insurance expertise, actuarial science, machine learning and other cutting-edge technologies to radically improve the insurance experience. The information provided on this site has been developed by Policygenius for general informational and educational purposes. The ratings reflect Rock Ridges balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. Openly Home Insurance Review (2023) Zillow has 9310 homes for sale. ROCK RIDGE INSURANCE COMPANY :: Indiana (US) :: OpenCorporates Politics latest: Decisions on public sector pay rises expected today People have to hire lawyers to get some form of compensation. Factors supporting this relationship are the companys role and strategic importance to the group's strategy; common ownership; common management; explicit and implicit support, including significant reinsurance programs; and an expectation of future financial and operational support. See our criteria for. Activate a policy Most notably, it offers guaranteed replacement cost coverage for the structure of your home. RockRidge International - Value Driven Real Estate Investments Openly homeowners insurance earned 5 out of 5 stars for overall performance. File A Claim. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Bests Credit Ratings. Claims TPA Referrals: As needed, we are happy to recommend claims TPAs with applicable expertise. It is a very bad place to work. Refrigerated property: Covers up to $5,000 in spoiled food if your refrigerator or freezer stops working due to power outage or electrical breakdown. MORE: 6 essential terms to understand in your homeowners policy. Sarah enjoys delving into complicated topics and helping readers understand the ins and outs of their insurance coverage. The outlook assigned to these Credit Ratings (ratings) is stable. Financial Strength Press Release A.M. Best Rating Services, Inc. Insurance Property And Casualty Insurers Issuer Credit Rating Best's Credit Rating Action Rating Event. Openly adjusters utilize their knowledge, state of the art technology and trusted network of partners to ensure a tailored, straight-forward claims experience. NerdWallets ratings are determined by our editorial team. Openly also offers generous coverage for your personal belongings. Covers legal expenses and damages if you're responsible for injuries to other people or their property. We also pay extra incentives automatically for policies we believe to be high value, and offer profit sharing for qualifying agencies. REAL ADVANTAGE TITLE INSURANCE COMPANY: 1551 N TUSTIN AVE STE 430: SANTA ANA, CA 92705-8638 Old Company Names Effective Date. Openly home insurance is available in Alabama, Arizona, Georgia, Illinois, Indiana, Kansas, Kentucky, Maine, Massachusetts, Mississippi, Missouri, New Hampshire, New Mexico, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Utah, and Wisconsin. EIN 37-1406568 - Rock Ridge Insurance Company, Guaynabo Our knowledgeable claims adjusters will be your advocate throughout the entire experience. 2010-11-17. Claims: You can file an Openly claim online, by calling your agent or by calling the company at 857-990-9080. Our cutting-edge technology and products empower agents to deliver a superior customer experience, radically increase agency efficiency, and improve customer satisfaction. Phone. . Pre-qualified offers are not binding. Openly has received funding from a number of venture capital firms. The company believes in providing its customers with the best possible coverage at an affordable price. ROCK RIDGE INSURANCE COMPANY is a Georgia Foreign Profit Corporation filed on April 1, 2020. Openly was founded in 2017. Ordinance or law: Pays the extra cost of getting your home up to code after a covered loss. Openly earns a perfect score on our coverage options rating scale thanks to the 25+ coverages you can add on to your policy for extra protection, including guaranteed replacement cost coverage for your home, water backup and equipment breakdown protection, earthquake coverage, scheduled and blanket personal property protection, and more. Associate Director You may be interested in these other homeowners insurance companies: Amica: Well-established insurer known for great customer service. Our partners compensate us. They are professional and timely in their responses. ROCK RIDGE INSURANCE COMPANY in Charleston, WV | Company Info Company Information Sponsored Links Company Contacts DANIEL KENNEDY Secretary B7 Tabonuco Street, Suite 912 Guaynabo, PR 00968 JEFFREY DOWNEY Treasurer B7 Tabonuco Street, Suite 912 Guaynabo, PR 00968 JEROME BRESLIN Director B7 Tabonuco Street, Suite 912 Guaynabo, PR 00968 JEROME BRESLIN The company's filing status is listed as Active/Compliance and its File Number is 20056321. Ernst & Young Announces Ty Harris, CEO and Co-Founder of Openly as an Entrepreneur Of The Year 2023 New England Award Finalist. The Openly website has a sleek, elegant design, but its short on coverage details and lacks an online quote function. The homeowners insurance scoring formula takes into account policy coverage options and discounts, ease of filing a claim, website transparency, the financial strength of the company, complaint data from the National Association of Insurance Commissioners and more. Mold, fungus, or rot damage: Pays for damage to your home and belongings caused by mold, fungus, or rotting, including up to $10,000 in personal property coverage and $50,000 in liability coverage for issues caused by the mold. Claims: You can file an Openly claim online, by calling your agent or by calling the company at 857-990-9080. It offers a slew of valuable coverage add-ons, including guaranteed replacement cost coverage for your home, scheduled and blanket personal property protection, earthquake coverage, and loss assessment protection with high limits if you live in a community with an HOA. , which pays for damage due to sump pump failure or backed-up sewers or drains. Other home insurance companies to consider. Pays for hotel stays, restaurant meals or other expenses if you have to live elsewhere while your home undergoes covered repairs. Jennifer Gimbel is a senior managing editor and home insurance expert at Policygenius, where she oversees our homeowners insurance coverage. Here is a list of our partners and here's how we make money. Depending on where you live, you may be able to add the following optional types of coverage: Water backup, which pays for damage due to sump pump failure or backed-up sewers or drains. Our star ratings are based on consumer complaint data from the National Association of Insurance Commissioners; financial strength grades from AM Best; coverage and discounts available; and the overall consumer experience. Fire department service charge: Reimburses you for service charges up to $5,000 if the fire department is called to your home. ROCK RIDGE INSURANCE COMPANY is a California Stock Corporation - Out Of State - Insurer filed on April 13, 2023. Please note: The above is meant as general information to help you understand the different aspects of insurance. The scoring formula incorporates discounts, coverage options, website transparency, financial strength, complaint data and more. : Well-established insurer known for great customer service. This press release relates to Credit Ratings that have been published on AM Bests website. Lines Active Company Appointments 2 Records Found Click the download button to download the table below to an Excel file. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Bests Recent Rating Activity web page. Ratings are based on weighted averages of scores in several categories, including financial strength, consumer complaints, coverage, discounts and online experience. Premium, Straightforward Home Insurance | Openly Market Introductions: For our new and current clients, we are happy to assist your broker with introductions to reinsurance markets we believe have appetite for the program. Openly may not be right for you if youd prefer to manage your policy online, starting with an initial quote. Does homeowners insurance cover water damage? ALL RIGHTS RESERVED. Coverages and other features vary by state, and are not available in all states. This means its average financial strength rating is based solely on Rock Ridge Insurance Companys A- score with leading insurance rating agency AM Best. Buried service lines: Up to $10,000 in coverage to repair water pipes, power lines, and other utility lines that run through your property if theyre damaged by a covered loss. Take photos and videos to document the loss, Guaranteed reputable, local, licensed professionals guiding you through the repair process, Less than 30 seconds to a bindable rate in most cases, Simple electronic check out rather than pdf application. AM Best Assigns Credit Ratings to Rock Ridge Insurance Company September 05, 2019 10:01 AM Eastern Daylight Time OLDWICK, N.J.-- ( BUSINESS WIRE )-- AM Best has assigned a Financial Strength. Openlys underwriter, Rock Ridge Insurance Company, received far fewer than the expected number of home insurance complaints to state regulators relative to its size, according to three years worth of data from the National Association of Insurance Commissioners. Openly insurance was founded in 2017 by Ty Harris, Liberty Mutuals former chief product officer, and Matt Wielbut, a former vice president of technology at Goldman Sachs. This means you continue to pay your regular expenses such as your mortgage, and Openly pays/reimburses you for the additional costs you incur as a result of a covered loss. EIN for organizations is sometimes also referred to as taxpayer identification number (TIN) or FEIN or simply IRS Number. Openly was founded in Boston, Massachusetts in 2017 by Ty Harris and Matt Wielbut. Here is a list of our partners. Manager, Public Relations You can customize your homeowners policy with numerous add-ons, but below are the types of coverage that generally come standard: Pays to repair or rebuild the structure of your home. Based on this rating, Openly is among NerdWallet's. Instead, you can submit your details in an online form and an agent will reach out to start the quote process. What other types of insurance does Openly offer? 200 South College St. Suite 1910 Charlotte NC 28202 (980) 299-9520 ROCK RIDGE INSURANCE CO Guaynabo , PR Data as of September 30, 2022 NAIC Classification Property & Casualty Risk Adjusted Capital Ratio #1 10.26 Risk Adjusted Capital Ratio #2 9.24 Loss Ratio 0.00% Total Assets 28.74M Capital 20.92M Net Premiums -337.59K Net Income 805.30K Summary Affiliates History Comparison Industry Comparison Glossary View listing photos, review sales history, and use our detailed real estate filters to find the perfect place. Filings Research: We can assist in locating competitive filings for your agency to build new products, research competitor's offerings, or determine trends or recent activity. CORPORATION SERVICE COMPANY, agent, 4 Jan 2018 - Registry Page These partners include mitigation experts to assist after a water loss and general contractors who can be your expert in rebuilding damages. Jim Peavy The employer identification number (EIN) for Rock Ridge Insurance Company is 371406568. To ensure the most secure and best overall experience on our website we recommend the latest versions of, Internet Explorer is no longer supported. I recommend them for all home, auto and life insurance needs. It touts its agents can offer quotes in just 15 seconds through its proprietary risk-analysis technology. Your policy covers Additional Living Expenses (ALE). Christopher Sharkey ROCK RIDGE INSURANCE COMPANY in Charleston, WV | Company Info - Bizapedia ROCK RIDGE INSURANCE COMPANY in Richmond, VA Rock Ridge Insurance Company - FL, GA, MO, PR, VA, and WV - Bizapedia You can file an Openly claim online, by calling your agent or by calling the company at 857-990-9080. Clear Blue Insurance - Property & Casualty Read more. It was my first time making an insurance claim with any company and it was smooth and quick. Hippo: Digital-first insurance that comes with free smart-home technology in many states. Offers up to $100,000 in coverage to pay for repairs to your refrigerator, washing machine, water heater, and other home appliances due to mechanical or electrical breakdown All financial products, shopping products and services are presented without warranty. Lock and key replacement: If your keys are lost or stolen, Openly pays to replace your house locks and keys up to $2,000. Compare Openly home insurance to other popular insurers in the industry: Openly insurance policies are backed by Rock Ridge Insurance Company, a subsidiary of Clear Blue Insurance Group. Ratings are based on complaints to state regulators relative to a companys size, according to three years worth of data from the National Association of Insurance Commissioners. Policies include guaranteed replacement cost for your home's structure. Previously, he was a financial advisor at MetLife and MassMutual. Custom formats, reports, and analysis are available as well. And unlike many home insurance companies, Openly doesnt have restrictions on the types of dog breeds its willing to insure. Instead, you can submit your details in an online form and an agent will reach out to start the quote process. You can also call us at 888-808-4842 during our claims business hours: Monday-Friday, 8am-8pm ET. Landscaping: Pays to replace plants, shrubs, and trees up to $5,000 per item after a covered loss.