Landlord Insurance in New Jersey

[Joe San]

Hello All, 

I am in the process of buying a property in New Jersey and am shocked at the insurance rates I am receiving for landlord insurance.  A duplex is quoting me around $2000 a year and that is with only $500k in liability coverage through Progressive.  I am a progressive customer with my primary residence and vehicle already.  Travelers wont even give me a quote until I provide proof of a signed lease from tenants. What is everyone else here paying for a duplex in New Jersey, this is higher than I was expecting for property worth at best $250k.  Any guidance is appreciated.  Thanks so much for any help.