diff --git a/.coveragerc b/.coveragerc
deleted file mode 100644
index bab3745278..0000000000
--- a/.coveragerc
+++ /dev/null
@@ -1,16 +0,0 @@
-[run]
-omit =
-    */tests/*
-    demo/*
-    docker/*
-    docs/*
-    scripts/*
-data_file = test-reports/.coverage
-
-[report]
-exclude_lines =
-    pragma: no cover
-    @abstract
-
-[xml]
-output = test-reports/coverage.xml
diff --git a/setup.cfg b/setup.cfg
index 43298ba02d..2c4d919adf 100644
--- a/setup.cfg
+++ b/setup.cfg
@@ -2,7 +2,7 @@
 testpaths = aries_cloudagent
 addopts =
     --quiet --junitxml=./test-reports/junit.xml
-    --cov-config .coveragerc --cov=aries_cloudagent --cov-report term-missing --cov-report xml
+    --cov-config .coveragerc --cov=aries_cloudagent --cov-report term --cov-report xml
     --flake8
 markers =
     indy: Tests specifically relating to Hyperledger Indy support
@@ -15,3 +15,23 @@ exclude =
     */tests/**
 extend_ignore = D202, W503
 per_file_ignores = */__init__.py:D104
+
+[coverage:run]
+omit =
+    */tests/*
+    demo/*
+    docker/*
+    docs/*
+    scripts/*
+data_file = test-reports/.coverage
+
+[coverage:report]
+exclude_lines =
+    pragma: no cover
+    @abstract
+precision = 2
+skip_covered = True
+show_missing = True
+
+[coverage:xml]
+output = test-reports/coverage.xml