Is insurance REALLY this expensive?

[Zachary Schimenz]

So I filled out  an online form for a quote, and got quoted at about $800 a year for a property. Then I realized that was for if I was living there, and it's  different since it's an investment property. When I called in they quoted me at $3,500!!

Is this right? Is  there really this big of a gap between if you're living in the house or if you're renting it out?