PRMS® is pleased to announce new premium discounts resulting in lower rates on our psychiatric professional liability insurance program! We continually evaluate your needs and risks to provide the same preeminent program at the most competitive cost, including our outstanding customer service, tailored policy, and expert risk management services.

New business: applying to PRMS for the first time earns you a 10% discount

Association membership: membership in any qualifying psychiatric association or organization earns you a 5% discount


Note: availability of individual discounts varies by state.


The below list details other discounts available to PRMS clients, in addition to the new discounts listed above.

  • Part-time: Up to 60% (less than 21 hours of total PRMS-insured practice time per week)
  • Child and adolescent: 15% (requires a completed training in child and adolescent psychiatry and that more than 50% of patient volume is children and adolescents)
  • Risk management education: 5% (requires completion of four+ hours of PRMS-approved category 1 CME)
  • Psychoanalysis: 5% (requires a completed psychoanalytic training and that 50% or more of practice is psychoanalysis)

PRMS is committed to providing the greatest value and strongest program benefits and coverages available. To receive a free personalized quote, please submit the form below.

If you would like to be notified when these discounts are available in your state, please submit the form at the bottom of this page.

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