Carrier

This is the insurance company that underwrites or issues insurance policy to policyholders, but in terms of auto insurance, it may be called an auto carrier.

There are many insurance companies worldwide and have their own method of operation according to local law and custom, and economic level of the state or country at large.

The term carrier is referred to the insurance company because it is the insurance company that actually carries the risks for the policyholder.

Posted in: Glossary of Auto Insurance (C)