Insurance rate more than double from last year

[Suhaib Rehman]

Good day everyone,
I have a rental SFH in the Sacramento, CA area. I got a renewal bill for insurance and it is a little over double the amount i paid last year. There was a jump even last year, but I decided to stay with that insurance provider.
Can you suggest a few good insurance providers that operate in that market?
How effective is it to negotiate the insurance amount with the existing insurance provider?

Thanks

Suhaib

[Jay Hinrichs]

Quote from @Clayton Silva:

Definitely helps to get quotes from a few places, problem is that options are shrinking as more carriers leave the state of CA.  A lot of investors are jumping to secondary lines of insurance coverage and the problem with those is that the companies are based in the Cayman Islands or the Bahamas a lot of the time, and it is suspect that they would actually pay out if the need arose unfortunately.  

LOL  I would never take insurance from off shore holy cow.. I would not be surprised if banks would not recognize them either.. maybe I dont know enough about insurance.. I guess Loyd's of London is off shore :)  but Caribbean carriers not so sure.

My carrier on our master inventory policy just shut off ALL of CA.. I dont currently have any projects going in CA at the moment but I have been looking for a Summer cabin up by Truckee and I suspect insurance will be an issue although I will pay cash but I will still want some coverage.