property insurance problems...

[Rich Weese]

I have quite a few homes owned by an LLc and insured with Farmers. I just finished building 6 new homes to keep as rentals. I'm in them 90K with lot and Farmers is telling me I need 178K in insurance!! These are free and clear and I could re-build the entire home for 80K!!.
So, I went looking for another quote and I'm having trouble. Many are saying they won't do the policy for an LLC. Some want a credit report and financial statement. They're also telling me that the farmers policies are ILLEGAL and won't pay off because they are in my Wifes' name and list LLC as an additional insured. I'd love to know those with LLCS, what insurance company are you using. These properties are in So. Texas. Thanks for any suggestions. Rich.