Many insurance companies have a presence on the Web, as do insurance agents. There are also financial services sites that provide information and access to a myriad of financial products, including insurance. Until recently, most insurance-related sites provided consumers with information about insurance products, such as rate quotes and information on insurance companies and insurance agents. The actual selling of insurance over the Web was uncommon. Today, however, with the development and acceptance of electronic signatures and the security measures being implemented on Web sites, the actual application for and provision of insurance over the Internet is more and more prevalent.
Insurance can be a very complex and confusing product.
If you are planning on buying insurance on the Web, make sure you know what you are doing. Understand the kind of insurance you want to buy. These publications are available electronically on the OCI's Web site or paper copies can be obtained by contacting the office. Since you are planning on making an insurance transaction without the use of an insurance agent, it is your responsibility to understand the policy you purchase beforehand. This is a list of Wisconsin-licensed insurers which is updated monthly.