Choosing a malpractice insurance policy is one of the first - and most important - decisions you will face in your career. Secure your future with an insurance program that is tailored to your needs.

Our comprehensive psychiatry-specific medical professional liability insurance program automatically contains many important features and essential benefits including:

  • Premium discounts for moonlighting residents (50% credit) and early career psychiatrists (up to 60% credit).
  • A separate defense limit up to $150,000 protects you from licensing board and government agency investigations.
  • In 30 years of claims management, our team has handled over 22,000 psychiatry-specific claims in-house.
  • With over 60,000 risk management issues addressed, our helpline and resources can help reduce your risk and avoid claims.
  • Coverage is included for telepsychiatry and forensic services.
  • Occurrence and claims-made policies are available.
  • Your consent to settle is required with no arbitration clause.

Access these free resources today!




Actual terms, coverages, conditions and exclusions may vary by state. Unlimited consent to settle does not extend to sexual misconduct. Insurance coverage provided by Fair American Insurance and Reinsurance Company (NAIC 35157). FAIRCO is an authorized carrier in California, ID number 3715-7.


We offer a 50% discount for moonlighting residents and fellows (may vary by state). Call us today at (800) 245-3333 or complete the online form for your premium quote!


Considering telepsychiatry? Already practicing telepsychiatry? Join PRMS for a half-day CME seminar that explores the legal and clinical issues and risks, including prescribing restrictions and maintaining the standard of care, as well as risk management advice to keep your patients and your practice safe. Telepsychiatry: What You Need to Know

Philadelphia-area residents, fellows, and training directors: Join PRMS for an open house event including presentations on topics relevant to your future in psychiatry, including financial, legal, and risk management. The event is followed by a networking reception. Click here to learn more and to register!

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