Property Insurance in Class C areas

[Douglas Furia]

I've been running the numbers on various properties in Toledo just to get a feel for different scenarios. When I get insurance quotes in lower income areas around Toledo, rates seem to go through the roof! I'm talking over $4000 premium on a $50,000 asking price property (4-plex)

Is this typical to see for higher risk areas? Would I be better off talking to local insurance agents to get more accurate pricing? (Right now I'm just going to policygenius.com to get ballpark quotes).

Anyone have rules of thumb for what's reasonable to plug in for landlord insurance based on property class, SF, # of units, price?