Insurance premiums are rising sharply in many states following multiple climate disasters like hurricanes and wildfires that have caused billions in losses for insurance companies. The rising costs and availability of insurance are disrupting real estate deals, with sales falling through if adequate coverage cannot be secured. Florida and California have seen major problems, with some insurers exiting those states entirely and premiums skyrocketing to five times the national average in Florida. Louisiana, Colorado, Massachusetts, and Texas are also experiencing above-average insurance rate increases. Real estate agents now advise securing insurance early in the home buying process due to the difficulties and delays.