Oral contracts of insurance and binders
Wis. Stat. § 631.05
in effectNo provision of chs. 600 to 646 and 655 may be interpreted to forbid an oral contract of insurance or issuance of a written binder. The insurer shall issue a policy as soon as reasonably possible after issuance of any binder or negotiation of an oral contract.
Source: WI Statutes (Official Site)URL: https://docs.legis.wisconsin.gov/document/statutes/631.05Fetched: 10/7/2026
