What is a Carrier? Carrier[kar-ee-er]noun1.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. Share | Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content If You're In An Accident Learn the best steps to take after you’ve been in an automobile accident with this useful, step-by-step video. Did You Know This Fact About Claims Advances? If a fire forces you out of your home, you can ask for a claim advance. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.