Insurance carrier that lets you select property value to insure?

[Account Closed]

I'm shopping around for property insurance on a 2600 sf commercial building. I have it under contract at $110k but every insurance provider I've called is making me insure the building to $400k+ (because that is their estimated rebuild value). I only want to insure the property to $200k -- any higher seems like unnecessary over-insuring to me. I want to avoid wasting extra money on premiums if I don't have to.

Does anyone know of any insurance carriers that let you select the rebuild-value that you want to insure to?