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 Question Thank you! Oops! Related Contents If a Pipe Breaks Learn what to do when a pipe bursts with this helpful video flooded with smart tips. What You Should Do About Insurance Following a Divorce In the face of divorce, making changes to insurance coverage may be overlooked. Protecting Those Who Matter Most The importance of life insurance, how it works, and how much coverage you need.