Is psychiatric NP practice covered under a standard policy?
Psychiatric and mental health prescribing is covered by most professional liability carriers, but the policy language around controlled substance prescribing and mental health treatment should be reviewed carefully. Some carriers limit coverage for claims arising from patient self-harm or exclude certain high-risk medication classes. We place psychiatric NPs with carriers that have clear, comprehensive mental health practice coverage.
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- Business Insurance
- Audience
- All audiences
- Topic
- General
Related FAQs
Are owners and officers covered by their own WC policy?
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Read answerDo I need commercial auto insurance?
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Read answerDoes commercial property cover floods or earthquakes?
Almost never — both are standard exclusions in commercial property policies. Flood requires a separate NFIP policy or a private flood policy; earthquake requires either an endorsement (where available) or a standalone policy. NY is not in a high earthquake risk zone, but flood is genuinely material — much of NYC, Long Island, and the Hudson Valley sits in mapped FEMA flood zones, and a single flooded basement can run $100K+ in property and inventory losses. If your premises are…
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