Giuliana Rancic and Bill Rancic are getting candid about expanding their family!

In an exclusive new interview with Closer Weekly, the happy couple opened up about Baby No. 2 — and didn’t deem the possibility of another little one out of the question!

MORE: Giuliana and Bill Rancic Share the Funniest Dinnertime Stories With Their Son Duke — See the Video!

“If it happens, that’d be amazing,” the Fashion Police co-host revealed. “Of course we’d love another child, but at the same time we’re really, really happy. We love our family!”

Giuliana, 42, and Bill, 45, previously married in 2007 and welcomed their four-year-old son, Duke, via surrogate in August 2012.

Watch the Rancics dish on Baby No. 2 in the video below!