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Vertafore AMS360 vs CoverWallet

Vertafore AMS360 logo

Vertafore AMS360

Software

Modern agency management for growing agencies

From
On request
Rated
-
Full reviewWebsite
C

CoverWallet

Software

Business insurance management platform

From
Free
Rated
-
Full reviewWebsite

The short version

  • Only CoverWallet has a free tier, so it costs nothing to try first.
  • Each has a real cost: Vertafore AMS360 no pricing is published, and the product page states no rate, tier or cost driver; CoverWallet the Internet Archive's capture of CoverWallet's homepage on 19 December 2020 confirmed it operates as 'an Aon company' offering free instant quotes across insurance lines (general liability, workers compensation, business owners policy, cyber liability, D&O) rather than any published price list.
  • They diverge on capability: Vertafore AMS360 covers Integrated accounting, CoverWallet covers Quote comparison.

Where they differ

Only the attributes on which Vertafore AMS360 and CoverWallet actually diverge.

Attributes where Vertafore AMS360 and CoverWallet differ
AttributeVertafore AMS360CoverWallet
Starting priceOn requestFree
Pricing modelsubscriptiontransaction
Free tierNoYes
PlatformsWeb, Windows, Ios, AndroidWeb, Ios, Android
Founded19692011

Identical on both: user rating (Not yet rated), category (Unknown).

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 Vertafore AMS360

  • Integrated accounting
  • Real-time carrier downloads
  • Document management
  • Workflow automation
  • Business intelligence
  • Commission management
  • Client portal
  • IVANS

Only in CoverWallet

  • Quote comparison
  • Expert guidance
  • Online binding
  • Renewal reminders
  • 24/7 support
  • Mobile app
  • Claims support
  • Multiple carriers

Both cover

  • Policy management
  • Data encryption
  • Cloud deployment
  • Web support

What people use each for

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

Vertafore AMS360

  • Agency management for insurance brokers, covering policies and clientsnot CoverWallet
  • Tracking commissions, renewals and accounting for an insurance agencynot CoverWallet

CoverWallet

  • Insurance comparisonnot Vertafore AMS360

Where each one falls short

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

Vertafore AMS360

  • No pricing is published, and the product page states no rate, tier or cost driver
  • The only route to a figure is a phone call or contact form

CoverWallet

  • The Internet Archive's capture of CoverWallet's homepage on 19 December 2020 confirmed it operates as 'an Aon company' offering free instant quotes across insurance lines (general liability, workers compensation, business owners policy, cyber liability, D&O) rather than any published price list.

Pricing, plan by plan

Vertafore AMS360

On request
  • AMS360$undefined/month
    • Policy management
    • Integrated accounting
    • Real-time downloads
  • AMS360 Plus$undefined/month
    • All AMS360 features
    • Advanced analytics
    • API access

CoverWallet

Free
  • Free AccessFree
    • Quote comparison
    • Expert advice
    • Online binding

Which should you pick?

Choose Vertafore AMS360 if

  • You need integrated accounting.
  • You work on Web, Windows, Ios, Android.
  • You also want real-time carrier downloads.
Vertafore AMS360 review

Choose CoverWallet if

  • You need quote comparison.
  • You want to start without paying.
  • You work on Web, Ios, Android.
  • You also want expert guidance.
CoverWallet review

Questions people ask

Is Vertafore AMS360 or CoverWallet better?
Neither clearly leads. Vertafore AMS360 starts at On request and CoverWallet at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Vertafore AMS360 or CoverWallet?
CoverWallet has a free tier; the other does not. Paid plans start at On request for Vertafore AMS360 and Free for CoverWallet.
Does Vertafore AMS360 or CoverWallet run on more platforms?
Vertafore AMS360 runs on Web, Windows, Ios, Android. CoverWallet runs on Web, Ios, Android.
Can I use CoverWallet for free?
Yes. CoverWallet has a free tier, so you can try it without paying. Vertafore AMS360 starts at On request.
What is Vertafore AMS360 best used for?
Vertafore AMS360 is most often used for agency management for insurance brokers, covering policies and clients, tracking commissions, renewals and accounting for an insurance agency. Of those, agency management for insurance brokers, covering policies and clients and tracking commissions, renewals and accounting for an insurance agency are not what CoverWallet is typically brought in for.
What can Vertafore AMS360 do that CoverWallet cannot?
Vertafore AMS360 covers Integrated accounting, Real-time carrier downloads, Document management, Workflow automation. CoverWallet covers Quote comparison, Expert guidance, Online binding, Renewal reminders. Both handle Policy management, Data encryption, Cloud deployment, Web support.
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