State Florida3) Also, his policies keeps changing insurance companies probably once a year.

The last Liability only policy we did was 7 Single family rentals in FL, $1M of coverage for $1,700 per year. 

I don’t have any policies anymore that are less than $2400/year.

Access to Cash Value: A properly structured permanent life insurance policy (like an IUL or whole life) can build cash value that you can borrow against for property acquisitions, renovations, or even as a safety net during market downturns. 2.

You could raise your deductibles on your existing insurance policies (consistent with any mortgage on the property) or talk with independent insurance brokers to see whether you can find a better policy. 

Quote from @Mohamad Taisir Albik: Hello Everone .I just bought a duplix for 281K in pensacola 2 months ago , Is it the norm to pay around $3200 on a policy ?

Looking my insurance policy it mentions that I can opt for settlement under Actual Cash Value vs Replacement Cost. 

(FWIW,$8K on just the compressor seem excessive.)Otherwise, unless your contract with your GC says they will provide 24/7 surveillance, or you can prove the AC was never installed, you own the problem.If the property has been vacant for more than 30 days, most policies won't cover vandalism unless you have added a Builders Risk Addendum.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

The insurance ended up non-renewing our policy because of the "claim," and most other insurers wouldn't cover our home because of the claim.