It is highly recommended to start homeowners insurance as soon as you become the legal owner of the property. Once you have signed the purchase agreement or closed on the house, you should immediately contact an insurance specialist to initiate the insurance policy. It is crucial to have coverage in place to protect your investment in case of any unforeseen events such as natural disasters, fire, theft, or liability claims. Waiting to obtain homeowners insurance leaves your property exposed to potential risks and can result in financial loss if any damage occurs before you have coverage. Therefore, it is always better to be proactive and secure your property with adequate insurance from the moment you officially own it.