CoverWallet Review

If you're a business owner, having insurance to cover your employees, storefront, customers, and more is so important. However, trying to select the right insurance is not an easy or straightforward process. Most companies offer confusing policies that are not easily affordable.

CoverWallet was developed to make the process of purchasing commercial insurance simple and straightforward for business owners. To help you learn more about how CoverWallet works, read through our review below. We'll share important information you'll want to know before deciding to use them to purchase insurance for your company.



  • You can find recommendations for the types of insurance your business will need based on your industry or profession.
  • CoverWallet offers a wide variety of insurance options for all business types.
  • If you are unsure what a specific insurance type refers to, you can click on it to learn more about it and whether it is something you will want to purchase to protect your business.
  • Requesting a quote is free and easy.
  • You can also call to speak with a live insurance agent or request an appointment if you'd rather not receive your quote over the internet.
  • There are a variety of useful resources on the website to help you learn more about commercial insurance and how it relates to your business.

Insurance Advice

Each business type and profession have different insurance needs. The type of insurance a restaurant owner will need varies significantly from what a lawyer with a private practice will want. If you are unsure what your insurance needs are, CoverWallet can provide you with advice to make sure you select the right options.

Visit the "Advice" section of the website and fill in your information on the recommendations form. You'll need to enter your industry, zip code, the number of employees who work for you, and your annual income. Then, click the submit button to see a list of policy types you'll want to consider.


The policy options will be displayed in an easy-to-read table that also lists the average yearly premium for a policy and how popular each insurance option is with other business owners.

You can click on one, some, or all of the options listed and click "Get free quotes." This will take to you to the page where you'll be able to request more specific quotes for your business, which will be covered in more detail below.

For more help selecting the right insurance type for your business' needs, you can also visit the "Industries" section of the website. This section lists various professions and industries, such as Agriculture, Healthcare, Education, Food and Accommodation, Manufacturing, and Construction. Clicking on one of the categories will help you learn a little more about why you need insurance and the types of insurance you'll want to consider.

Insurances Offered by CoverWallet

When you use CoverWallet to purchase information for your business, you'll be able to choose from a wide variety of coverage and policy options. These options include:

  • General Liability Insurance.
  • Workers Compensation Insurance.
  • Professional Liability Insurance.
  • Commercial Property Insurance.
  • Business Owners Policy (BOP) Insurance.
  • Commercial Auto Insurance.
  • Umbrella Insurance.
  • Directors & Officers (D&O) Insurance.
  • Product Liability Insurance.
  • Cyber Liability Insurance.
  • Liquor Liability Insurance.
  • Errors & Omissions (E&O) Insurance.
  • Employment Practices Liability Insurance (EPLI).
  • Inland Marine Insurance.
  • Special Events Insurance.
  • Medical Malpractice Insurance.
  • Ocean Marine Insurance.
  • Health Insurance.
  • Hired & Non-Owned Auto Insurance.
  • Business Interruption Insurance.
  • Garage Liability Insurance.
  • Equipment Breakdown Insurance.
  • Disability Insurance.
  • Pollution Liability Insurance.
  • Crime Insurance.
  • Employee Benefits Liability Insurance.
  • Fiduciary Bond Insurance.
  • Surety Bond Insurance.
  • Fidelity Bond Insurance.
  • Commercial Package Insurance.

Clicking on any of the policy types will pull up a page that provides you with more information about that insurance type. You'll be able to see information about what will be covered by the insurance, who is covered with this insurance, and any limits to a policy.

Getting Quotes

When you're ready to get a quote, you can do so for free through the website. Just click on the "Get free quotes" button on the homepage to initiate the quote process.


First, you'll need to select the type(s) of insurance you're potentially interested in for your business. Then, you'll need to enter information about your business, including your address, the number of locations you have, and how many employees work for you. Once you have entered all the requested information and submit your application, you should expect to receive a quote soon.'

If you would prefer to speak with a live agent instead of filling out the online form, you can call CoverWallet at 646-844-9933. When you speak to an agent, they will collect the same information requested on the online form and provide you with a quote.

Available Resources on the Website

To help you learn more about commercial insurance and answer other questions you may have, CoverWallet provides a variety of resources for their customers on the website.


One of these resources is the Insurance Guide. This guide is designed to help small business owners understand how commercial insurance works. The guide will help you understand a variety of topics including:

  • Learning what is means to be licensed and bonded.
  • Determining what a Certificate of Insurance is and whether your business will need one.
  • Limiting your liability as a business owner.
  • Understanding how business insurance is priced and what factors can lead to higher or lower rates.
  • Learning what Startup Insurance is and whether it is something you may want to purchase for your business.
  • Seeing the recommended insurance types for different businesses and industries.

The Insurance Guide page also includes a section on commercial insurance for each state. Since different states has different requirements and laws, you may want to read up on the requirements of your state.

A few of the other resources you'll find on the website include tips for business and current news stories that are relevant to business insurance. Both of these sections include links to articles you can read to learn new information.

Scheduling a Free Appointment

If you want to learn more about what CoverWallet has to offer to decide if it is the right fit for your business, you can schedule a phone appointment with one of their insurance experts. Appointments are free and do not commit you to purchasing insurance.


To request an appointment, visit the "Schedule a Call" section of the page and enter your name, contact number, and email address. Next, select your preferred two-hour call window for the next business day. You can also write a note about your reason for requesting a call to help the representative you speak to be better prepared to answer your questions and share relevant information with you.


  • CoverWallet offers many different types of insurance for different professions and industries.
  • You can receive a free quote by completing the online form or by speaking with a live agent.
  • You'll find numerous resources on the site to help determine the specific insurance needs for your company.


  • There is no physical location you'll be able to visit to speak with an insurance advisor. Everything is handled over the phone.

Final Verdict

If you are a business owner, having the right insurance is essential. You may not know what coverage you're missing until it is too late. Request a free quote from CoverWallet to make sure your business has all the necessary coverage while ensuring you're getting a great deal for that coverage.


Official Top 5 Review Team
Official Top 5 Review Team

The Official Top 5 Review team is dedicated to testing and researching the top products available for many different industries. We do the research and testing so that you don't have to! We welcome you to provide your feedback on your experiences with any products that you have experience with.

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