You need general liability and builders risk coverage. 

Honestly, that is all the insurance company needs to report the loss and raise your insurance next year.Good Investing...I called my mortgage broker to ask about changing the coverage to the rental coverage and he asked me if there was any damage after the hurricane.

Bottom line, be thankful that you’re able to find coverage at all, because some properties can’t.  

You should have an umbrella policy to cover everything, beyond maximum liability coverages.

Did you have replacement value coverage ? 

You state that everything is equal but are concerned that not everything is equal...It's very possible to see a price spread like that even with comparable coverage but it's also vitally important you work with someone that has your back to make sure you understand your coverage before you'd have to use it.  

for $1000 coverage, a tenant staying 6 months would pay $354, or for a year, $708. 

DSCR stands for Debt Service Coverage Ratio, which is a calculation that determines if a loan's income covers its annual debt service. 

Umbrella Insurance: Adds protection for high-cost liability claims but doesn’t fully separate assets as LLCs do.RecommendationConsider one LLC per city for balanced liability protection and simpler management, paired with umbrella insurance for added coverage.

Imputed expenses are important because they will be included as Operating Expenses when a lender appraiser does its appraisal, and also when the lender calculates its Debt Service Coverage Ratio.Regarding pest control, it's not just monthly roach spraying.