Preferra Insurance:Purpose-built for mental health
PRMS:Purpose-built for mental health
Overview
Tool Name
Preferra Insurance
PRMS
Tool Name
Preferra Insurance
Preferra Insurance
PRMS
PRMS
What It Is
Professional liability insurance built by social workers, for social workers - the official NASW-endorsed carrier.
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
What It Is
Preferra Insurance
Professional liability insurance built by social workers, for social workers - the official NASW-endorsed carrier.
PRMS
The leading malpractice insurer for psychiatrists, endorsed by the American Psychiatric Association for 40+ years.
Primary Category
malpractice-insurance
malpractice-insurance
Primary Category
Preferra Insurance
malpractice-insurance
PRMS
malpractice-insurance
Founded
Unknown
Unknown
Founded
Preferra Insurance
Unknown
PRMS
Unknown
Best For
Licensed Clinical Social Workers (LCSWs); MSWs and BSWs in clinical practice; NASW members seeking member discounts
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Best For
Preferra Insurance
Licensed Clinical Social Workers (LCSWs); MSWs and BSWs in clinical practice; NASW members seeking member discounts
PRMS
Psychiatrists in private practice; Forensic psychiatrists needing expert witness coverage; Psychiatrists prescribing ketamine or doing ECT
Pricing
Starting Price
~$155/year
~$2,000/year
Starting Price
Preferra Insurance
~$155/year
PRMS
~$2,000/year
Pricing Model
flat-annual
flat-annual
Pricing Model
Preferra Insurance
flat-annual
PRMS
flat-annual
Free Trial
No free trial
No free trial
Free Trial
Preferra Insurance
No free trial
PRMS
No free trial
Pricing Details
NASW members receive discounted rates. Premiums vary by license type, coverage limits, hours worked, and state. Online quotes available.
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Pricing Details
Preferra Insurance
NASW members receive discounted rates. Premiums vary by license type, coverage limits, hours worked, and state. Online quotes available.
PRMS
APA members receive preferred rates. Premiums vary by state, procedure mix (ECT, ketamine), forensic work, and coverage limits. Psychiatrist premiums are generally higher than non-prescriber mental health professionals due to medication liability.
Compliance & Security
HIPAA Compliant
No
No
HIPAA Compliant
Preferra Insurance
No
PRMS
No
BAA Available
No
No
BAA Available
Preferra Insurance
No
PRMS
No
SOC 2 Certified
Unknown
Unknown
SOC 2 Certified
Preferra Insurance
Unknown
PRMS
Unknown
HITRUST Certified
Unknown
Unknown
HITRUST Certified
Preferra Insurance
Unknown
PRMS
Unknown
Features
Mobile App
No
No
Mobile App
Preferra Insurance
No
PRMS
No
Mental Health Specific
Yes
Yes
Mental Health Specific
Preferra Insurance
Yes
PRMS
Yes
Integrations
Total Integrations
None listed
None listed
Total Integrations
Preferra Insurance
None listed
PRMS
None listed
Support & Fit
Practice Sizes
Solo, Small (2-10), Medium (11-50)
Solo, Small (2-10), Medium (11-50)
Practice Sizes
Preferra Insurance
Solo, Small (2-10), Medium (11-50)
PRMS
Solo, Small (2-10), Medium (11-50)
Customer Base
Unknown
Unknown
Customer Base
Preferra Insurance
Unknown
PRMS
Unknown
Ready to Get Started?
Visit these tools to learn more or request a personalized demo.
