Insurance help for rental in South City

[Robert Buchmann]

I'm under contract on a multifamily in South City and currently looking at insurance options.  The first few quotes I got were a lot higher than I expected.  With most of the buildings in that area being 100 years old, it seems that my options are limited and cost is high.  What has other's experience been and is there a broker/agent you'd suggest I talk with?  Also, do you normally get a policy that gets you full replacement cost or actual cash value?

Thanks in advance for the info!