google bot detected Carrier | Insurance Glossary | Realestateagent.com

Carrier


Definition of "Carrier"

Insurance company that actually underwrites and issues the insurance policy. The term is used because the insurance company assumes or carries the risk for policyowners. The agent usually has a primary carrier (the insurance company to which most of the business is submitted) and secondary carriers (to which lesser amounts are submitted). The primary carrier provides the agent with commission schedules, expense allowance, and the availability of markets for the agent's business.



Related Real Estate Glossary terms

Related Real Estate FAQ