Holy Insurance Cost Batman!

[Nicholas Young]

I am in the process of purchasing my first property and I really under-estimated the insurance cost...  I am buying a property for around 150,000 that includes a single family home (very small) and a conversion 4 plex.  The insurance cost came in around $235 per month for insurance that would pay replacement cost OR the agent also offered ACV coverage which I understand to be paid out as the cost of the item at the time for $177 per month.  Is this high?  Any thoughts would be appreciated.....