Yale 25 Station insurance clause — what it costs PropFlow

Ballpark yearly cost of the three policies the contract requires. Market estimates from published startup data, not quotes.

2026-10-12 · PropFlow carries no insurance today · Proposed — pending Fede's call on negotiating the $10M line

$15k to $30k+ a year as written. $5k to $8k a year at normal startup limits. The gap is the $10M cyber / E&O line. The other two policies are cheap and standard.

Cost by scenario

Scenario	Yearly cost (estimate)	Confidence
Normal startup limits: $1M to $2M cyber/E&O, plus GL and comp	$5k to $8k	medium Vouch 2026 medians
Yale 25 accepts $5M cyber/E&O	$9k to $14k	medium one published seed-SaaS example
$10M as written	$15k to $30k+	low no published price at our size; may need stacked carriers

Line by line, sources, and why $10M is above the normal ask

Line by line

Policy	Contract asks	Startup median / yr	Source
General liability	$1M / $2M	$180	Vouch
Tech E&O	$10M / $10M	$3,700 at $1M–$2M	Vouch
Cyber	$10M / $10M	$2,900 at $1M–$2M	Vouch
Cyber + E&O at $5M	—	$8,400–$13,200	LatentInsure
Employer's liability (rider on Colorado workers' comp)	$1M	~$540 comp median	TechInsurance

Is $10M normal? No

Universities publishing vendor rules ask $2M (Wellesley) or $5M (Illinois, Akron).
Marsh: customers set $2M, $5M or $10M, sized to the contract's value.
Vouch: limits are usually copied from a template; a $10M ask on a small contract is "worth a conversation."
Embroker's excess product caps at $5M. Coalition writes up to $15M but targets larger companies.

Decision

Recommended: ask Yale 25 for $2M to $5M cyber/E&O, and get online quotes from Vouch and Embroker at $2M, $5M and $10M so the counter is backed by a real number. Alternative: accept $10M as written and budget the high end.

Research: four web passes on 2026-10-12. No founder-posted quotes found; no $10M price found at any startup size. Colorado requires workers' comp with one W-2 employee; officers owning 10%+ can opt out (C.R.S. 8-41-202).