Short term rental insurance

[Gini Dutt-Roye]

I understand that short term rental insurance is expensive, but I received 2 quotes, one from our regular insurance company being about 5000 dollars and other from Foremost being about >$10,000.  I literally have sticker shock.  

I read that Foremost offers reasonable rates, but this is not reasonable.  Has anyone worked with Foremost and what is your experience with pricing and service quality.  Thank you.

[Brandon Plombon]

Where is your property located? How much is the property valued at? Hard to tell solely based on price and limited details of the property. Yes - It seems high but depends on the coverage levels and market, it could be market rates.