https://www.siliconvalley.com/2023/11/07/climate-change-is-impacting-the-home-insurance-industry-and-damaging-the-u-s-housing-market/

Washington, DC — When Michael Monaghan, a real estate agent with Coldwell Banker Sellers Realty in northern California, got an offer for a home in Bayside at the seller’s $650,000 list price in September, he told the buyer’s agent that the buyer needed to start looking for insurance immediately.

“I said, ‘Start working on this on day one,’” Monaghan said. “Getting insurance is the most important thing right now when you’re in escrow for the deal to close.”