homeowners insuance on duplex

[Heather K.]

Hello all,

I am purchasing a duplex in Minnesota for $90k and the appraisal value is $100k.  I'm working on getting insurance but the companies I've called want to insure it for the replacement cost of $340k.  I really don't want to pay the premiums for that and looking for an insurance company that will allow me to insure for the value, not replacement cost.  Does anyone know a place in Minnesota that will do this?