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CoverWallet commercial car insurance review

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Simplify the insurance process with personalized advice and a centralized online account.

finder.com’s rating: 4.5 / 5.0


CoverWallet connects you with coverage through its partners and personal advisors to help you choose the right policy. This broker goes the extra mile to make the process easy, but your customer experience could vary depending on the service provider you’re matched with.


Roadside assistance

Accident forgiveness


Description Your customized business vehicle insurance starts with a quick expert assessment to find the best coverage for your company.
States served All 50 states
AM Best financial rating Not rated
Claims methods online, phone
Payment schedule Depends on provider


  • Personal advisors
  • One-stop shop
  • Industry-specific quotes
  • Wide commercial coverage
  • Online account management


  • No branch offices
  • Few customer reviews
Rideshare coverage Depends on provider
Cargo coverage Depends on provider
Non-owner coverage Depends on provider
Lifetime repairs guarantee Depends on provider
Roadside assistance Optional

What commercial car insurance coverage does CoverWallet offer?

CoverWallet offers businesses a variety of policies, including customizable add-ons:

  • Liability. Protect your business from financial losses related to bodily injury or vehicle damage in a car accident.
  • Collision. Cover physical damage that results from colliding with another vehicle or object.
  • Comprehensive. Have peace of mind about repairing or replacing a business vehicle after it’s damaged by something other than a collision.
  • Specified causes of loss. This alternative to comprehensive coverage applies only to accidents incurred by specific causes.
  • Uninsured or underinsured motorists. Protect yourself from medical expenses not covered by the other driver’s insurance.
  • Medical payments. Pay for employee medical bills not covered by worker’s compensation.
  • Loading and unloading. Get protection from damages that may happen while loading or unloading business tools, goods or equipment.
  • Towing and labor. Cover tow truck expenses, including any labor expenses involved.
  • Roadside assistance. Get help for minor repairs when you’re on the road.
  • Cargo. Protect lost or damaged cargo transported by truckers.
  • Bobtail. Cover truck employees when they’re out doing business but not hauling any cargo.
  • Hired and non-owned auto. Protect a business vehicle and its passengers, even when you’re renting.

Where can I get commercial car insurance from CoverWallet?

CoverWallet connects you with a variety of partners to find the insurance you need. Its partnerships cover all 50 states, so you’ll likely find an option in your area.

Some of CoverWallet’s partner insurers include Progressive, Geico, Liberty Mutual, Chubb, Markel and AmTrust.

What features does CoverWallet offer for businesses?

CoverWallet offers several types of add-on coverage, available through its partners.

  • Worker’s compensation. Make sure employee injuries are accounted for while they’re on the job.
  • Trailer interchange. Protect against physical damage to an unowned trailer used by your fleet company.
  • Non-trucking liability. Get liability coverage when using your semi for non-business reasons.
  • Pollution. Special coverage for damages associated with pollution from your vehicles. An Environmental Impairment policy may also cover cleanup.

How reliable is CoverWallet?

You won’t find much info about CoverWallet in customer reviews. However, CoverWallet is in good standing with the Better Business Bureau. It’s rated a healthy A for helping businesses find commercial car insurance. CoverWallet isn’t rated for its financial status with A.M. Best.

CoverWallet was also named one of the Best Entrepreneurial Companies in 2016 by Entrepreneur Magazine. The award was based on the company’s simple yet innovative insurance process.

Since claims aren’t paid out through this broker — but through your chosen insurer — compare reviews and financial status for the company you’re matched with.

Pros and cons of CoverWallet car insurance


  • Personal advisors. CoverWallet includes an insurance checklist on its website, which advises types of coverage needed based on information about your business. You’ll also receive free access to a personal insurance advisor.
  • One-stop shop. The company is known for covering many business insurance needs, not just commercial auto.
  • Industry-specific quotes. Receive an online quote based on your industry or business type.
  • Wide commercial coverage. CoverWallet focuses solely on business insurance. It offers many coverage options not available with some car insurance companies.
  • Online account management. Unlike many insurance brokers, you can create an account on CoverWallet to manage all your business policies in one place.


  • No branch offices. Customer service is limited to phone or online.
  • Few customer reviews. Not many consumer sites have rated CoverWallet. However, the company claims it’s dedicated to making the business insurance process quick and easy.

How to contact CoverWallet

Get in touch with the company any time of day:

  • Phone. Call a personal insurance advisor at 646-844-9933. Or schedule a phone appointment from the company’s Talk to Us page. Appointments are scheduled between 9 a.m. and 7 p.m. ET.
  • Email. Send one to info@coverwallet.com.
  • Chat. From the company’s homepage, click the Chat feature under the listed personal advisor. If it’s after 6 p.m. ET, leave a message and an advisor will get back to you.
  • Online. Manage your policies, make a payment or file a claim with your online CoverWallet account.
  • Mail. Send mail to the corporate office:
  • CoverWallet
  • 100 Avenue of the Americas, Floor 16
  • New York, NY, 10013

Alternatives to CoverWallet commercial car insurance

Name Product AM Best financial rating Available states
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This big-name lender offers general and specialized coverage for your drivers or fleet. But don’t expect top customer support.
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Insurance321 matches you with an agent or broker who can find the best commercial car insurance coverage for your business.
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Your customized business vehicle insurance starts with a quick expert assessment to find the best coverage for your company.
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Geico promises low premiums and high limits for your company cars.
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Reduce the risk of fleet accidents with Liberty Mutual’s driver safety training and monitoring.
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Thanks to customizable coverage and speedy claims, this big-name insurer can help protect you, your employees and your assets.
All states except AK, DE, HI, MT, NH, VT, WY
Esurance offers a modern online and mobile experience that helps you take your insurance on the go. Available in 43 states.
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Backed by nearly 100 years in the business and an A+ AM Best rating, Farmers Insurance aims to help you find the coverage you need for your business.

Compare up to 4 providers

Bottom line

CoverWallet’s mission is to make commercial car insurance simple for businesses, offering access to a wide range of coverage and online policy management. But your actual customer experience will depend on the insurer you’re connected with.

CoverWallet allows your business to compare quotes for commercial car insurance in one place.

Frequently asked questions

Car insurance ratings

★★★★★ — Excellent

★★★★★ — Good

★★★★★ — Average

★★★★★ — Subpar

★★★★★ — Poor

Our insurance team analyzes car insurance providers to help you choose the best car insurance for you.

We rank insurers from one to five stars based on key factors including customer satisfaction, policy options, price, billing, claims, and support. We create these rankings to help you narrow down an insurance provider that best suits your budget and coverage needs.

Learn the details of our methodology and scoring.

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