Insurance

What is a Carrier?

Carrier

[kar-ee-er]

noun

1.

The Carrier is the insurance company that provides a specific Policy and is the company that a policyholder will pay Premiums to. The Carrier is ultimately responsible to pay out Claims.

 

Related Content

Can Home Security Systems Affect Your Insurance?

Can Home Security Systems Affect Your Insurance?

In an effort to reduce the chance of considerable damage from robbery or theft, you may have recently implemented (or may still be considering) a home security system. Here’s how adding a home security system to your property may affect your insurance.

A Deep Dive Into Deductibles

A Deep Dive Into Deductibles

Your deductible does more than lower your premium. Here's what it's actually telling you about your coverage.

How Stocks Work

How Stocks Work

Understanding how a stock works is key to understanding your investments.