Insurance type, coverage level recommendations?

[Andrew R.]

Hi, looking at my first SFR rental, out of state in Kansas City, MO. The house is approx 100K for 3bed/2bath, built in 1960 but rehabbed.

Got an insurance quote for $1300/year. (It sounds high). It covers 250K replacement, 300K liability, 46K loss-of-use, with a 1000 deductible. 

The fee sounds high.  But I'm new to this. Any ideas on what level of coverage I should get and what reasonable fees would be, greatly appreciated. Thanks all!