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Insurance · head to head

Openly vs Verisk

Openly logo

Openly

Insurance

Customizable homeowners insurance sold only through independent agents

From
On request
Rated
-
Full reviewWebsite
Verisk logo

Verisk

Insurance

Insurance data, ISO forms and rating content that most American P&C products are built on

From
On request
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Openly available in only 24 states as of August 2026, with Nevada still listed as coming soon; Verisk the ISO content has no real substitute for a carrier writing standard lines, so renewal negotiations start from a position where walking away is not credible.
  • Prices and features above were last checked on 31 August 2026.

Where they differ

Only the attributes on which Openly and Verisk actually diverge.

Attributes where Openly and Verisk differ
AttributeOpenlyVerisk
PlatformsWebWeb, API, Windows

Identical on both: starting price (On request), pricing model (quote), free tier (No), user rating (Not yet rated), category (Insurance).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Openly

Nothing recorded that Verisk does not also cover.

Only in Verisk

  • ISO forms and rating content
  • ClaimSearch
  • Extreme event models
  • Property data
  • Xactimate
  • Underwriting analytics

What people use each for

The jobs each tool is most often brought in to do.

Openly

  • Getting home insurance quotes with guaranteed replacement cost coveragenot Verisk
  • Customizing homeowners insurance policies with specific coverage limitsnot Verisk
  • Filing and managing property damage claims through digital workflowsnot Verisk
  • Accessing insurance coverage across multiple US states through independent agentsnot Verisk

Verisk

  • A carrier filing standard commercial lines products that must use recognised forms and loss costsnot Openly
  • A claims organisation checking submitted claims against the industry database for prior activitynot Openly
  • A property insurer pricing catastrophe exposure for reinsurance placementnot Openly
  • An MGA that needs bureau content without building and filing proprietary forms in every statenot Openly

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Openly

  • Available in only 24 states as of August 2026, with Nevada still listed as coming soon
  • Policies are not sold directly to consumers; coverage must be obtained through an independent agent, as of August 2026

Verisk

  • The ISO content has no real substitute for a carrier writing standard lines, so renewal negotiations start from a position where walking away is not credible.
  • Pricing is negotiated separately per product and per line, and large insurers routinely find overlapping agreements across underwriting, claims and actuarial that nobody had counted together.
  • Circular updates to forms and loss costs must be loaded into your policy system on a schedule, which is recurring work that carriers with older platforms do partly by hand.
  • The breadth of the portfolio means account management is spread across product teams, so a problem in one service does not necessarily get attention from the people selling you another.
  • Usage-based components such as data prefill and claims searches make annual spend hard to forecast, and the variance lands in the year you grow fastest.

Pricing, plan by plan

Openly

On request

No published plan breakdown. See the Openly review.

Verisk

On request
  • Verisk Insurance Solutions$undefined/year
    • ISO forms and loss cost licensing
    • Data and analytics services by line
    • API access

Which should you pick?

Choose Openly if

Nothing in the data separates Openly from Verisk on the points above - pick on price and on how each one feels to use.

Openly review

Choose Verisk if

  • You need iso forms and rating content.
  • You work on Web, API, Windows.
  • You also want claimsearch.
Verisk review

Questions people ask

Is Openly or Verisk better?
Neither clearly leads. Openly starts at On request and Verisk at On request, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Openly or Verisk?
Openly starts at On request and Verisk at On request.
Does Openly or Verisk run on more platforms?
Openly runs on Web. Verisk runs on Web, API, Windows.
What is Openly best used for?
Openly is most often used for getting home insurance quotes with guaranteed replacement cost coverage, customizing homeowners insurance policies with specific coverage limits, filing and managing property damage claims through digital workflows, accessing insurance coverage across multiple us states through independent agents. Of those, getting home insurance quotes with guaranteed replacement cost coverage and customizing homeowners insurance policies with specific coverage limits are not what Verisk is typically brought in for.
What can Openly do that Verisk cannot?
Verisk covers ISO forms and rating content, ClaimSearch, Extreme event models, Property data.

Answered from the vendors’ own pages

Openly: How much does Openly cost?

Openly does not publish pricing on its website. The company operates through independent agency partners who provide customized quotes. To obtain coverage pricing, customers must contact a local independent agent or request a quote through mylifeprotected.com/openly.

Source
Verisk: Can a carrier avoid ISO content entirely?

Only by developing and filing proprietary forms and rates, which a handful of large insurers do. For everyone else the filing and legal cost of independence exceeds the licence.

Openly: What is Openly's pricing model?

Openly uses a partnership model rather than direct sales. Insurance policies are sold through independent agency partners, with pricing determined on a case-by-case basis through customized quotes.

Source
Verisk: Is Xactimate part of Verisk?

Yes. It came with the Xactware acquisition and is the dominant property claims estimating tool in North America, used by carriers and by the contractors they pay.

Verisk: Did Verisk sell off businesses?

Yes. It divested non-insurance units including its energy research business in 2023 and refocused on insurance data and analytics.

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