What type of property insurance is best overall for you?

[Joe Ebanks]

Hello,

I have the choice of a couple of options right now. One is a local agent of state farm, they have a very high replacement cost if I lose my property to fire. However its quite a bit more expensive than a national commercial insurance. But the replacement value for the national insurance is about 1/3 of state farms.

The costs are about 3200 united national for 7 homes vs. 5600 state farm. 

replacement costs would not even come close to the value of a few properties I own. However with state farm they are completely covered and then some. Im not sure the 2400 per year in savings is worth it?? 

Lets say its on average 50k per property for united national vs 150k per property for state farm

Can some professionals chime in on who there carriers are and what they do? any advice would be much appreciated!

I am also not sure if this type of insurance alone is enough for a landlord. Does people suggest something else for liability as well? Thank you...