A car insurance agent electronically signed before I read a new policy based on a "verbal agreement"(the phone call). Is this fraud?

It depends.  As with most legal questions, it is critical that all relevant facts be explored.  For this reason, you should consult with an attorney who could investigate all relevant facts and perform necessary legal research.  However, at least 2 issues are raised by your question.  Fraud is a misrepresentation of a material fact upon which you rely to your detriment. One issue relates to the fact that you may give someone authority to sign documents on your behalf.  Did you you knowingly gave the agent permission to affix your electronic signature?  If you did not give the agent such authority, then the contract (insurance policy) may be voidable. The other question is whether you were given a true and accurate description of the terms and conditions of the policy that was issued to you. You should consult with an attorney to obtain a full and accurate evaluation of the questions presented.