Many people try to shoot from the hip on that, but there is nothing like the cold hard facts to inspire change in habits.

I my self had some pretty rough goes with it in Detroit I walked away from 2 homes that I let go to tax's and lost right at 100k... its a rough rough town and really not sure if its fixable or many of the low life inhabitants are fixable.. there was a pretty compelling pod cast about the whoa's of Detroit a few weeks back.. obviously there are good ares of the city but the bad one's boy are they bad.

I have posted on here before that I don't talk about business with "civilians".

By law, the landlord must make sure the property is in "habitable" condition.

It's a big base, and a lot of the people working there are civilians who also need housing.

It is currently not inhabitable.

However, my husband and I are active duty military and we're transitioning out to civilian life and are diving into the exciting world of REI.

I was at several bases with very low crime rates and the only reason that was the case because the neighborhoods were all military members and screened civilians. 

Dad is a retire air force pilot, who is now a civilian working for a Air Force Dad has no expense other than his $500 apartment and $368 car payment.

I would ask your insurance agent how did they arrive at such a high reconstruction value...I am a Farmers agent and we use a software called 360 value where you input the address and based on the area/and the number of claims and material used in that particular area the software will tell us a guestimate of the amount it would take to rebuild the home...So this is very important because it directly affects your insurance premium (the money you are paying for that specific coverage) The personal property amount should be lowered if you don't think you need this much because again this is affecting you premium and you're basically being over insured which costs money...liability at 300K is what I suggest when the owner is residing at the property if you are not living in the property and you renting it to others I would suggest 500K the maximum (for Farmers) is 1 million....medical payments to be honest will rarely be used (this is for example someone gets hurt on your property and they come after you for medical payments this would come from here) but to be honest if someone gets hurt on your property and they come after you for money is going to be more than $3K thats why its important to have the right amount of liability this is where the monies would usually come from...and loss of use is the monies that would be applied to a hotel stay while your property is being reconstructed from the covered loss that occurred...on the other hand if you are renting the property these monies would go towards the rents you would go without while the property is inhabitable...hope this helps!