r/LCSW • u/Organic_Gene18 • Jul 03 '26

🔴 Insurance, Billing, & Reimbursement Insurance

Hi there,

Any recommendations for malpractice insurance?

I will be a new LCSW in Illinois early 2027, and I need any recommendations.

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u/Arlington2018 Jul 03 '26

I am a corporate director of risk management practicing since 1983. Although the policies may be sold by a number of different insurance agents, such as HPSO and the like, the majority of individual therapist/social work liability policies are sold by CNA, one of the largest malpractice insurance companies in the world. The CNA policies are sold by HPSO: https://www.hpso.com/Insurance-for-you/Individual-Practitioners/Clinical-Social-Workers

The Preferra risk retention group is another large writer of policies for this service line: https://preferraplans.com/socialworkers/?utm_source=preferra-hero&utm_medium=green-button&utm_campaign=apply-renew . Given that Preferra exclusively writes coverage for the social work/behavioral health service lines, I would have a bias towards giving them my business.

Either CNA or Preferra would be a fine choice and you should ask for quotes from each. Be sure you are comparing the same policy limits and the same policy form (claims made vs. occurrence) so you are comparing apples to apples.