What does Contract Carrier mean? Read on to discover the definition & meaning of the term Contract Carrier - to help you better understand the language used in insurance policies.
A commercial individual or organization carrying persons or property of certain customers only, rather than the goods of or the public in general. Unlike a common carrier, a contract carrier has a right to choose or refuse to convey passengers or freight for payment.
We hope the you have a better understanding of the meaning of Contract Carrier.