Renter's insurance is advisable to obtain as soon as you move into a rental property. It provides coverage for your personal belongings and liability protection in case of accidents or damage to the rental property. Obtaining renter's insurance is particularly important because the landlord's insurance typically only covers the physical structure of the building and not the tenant's personal property. Additionally, renter's insurance can also provide coverage for additional living expenses if you are temporarily displaced from your rental due to a covered loss. It's important to carefully review the policy to understand the specific coverage and any limitations. Ultimately, it's recommended to secure renter's insurance as soon as you move into a rental property to protect your belongings and mitigate potential liability risks.