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Inherited house. How do we handle home owners insurance?

My wife is set to inherit her late grandfather’s house in Florida that will be deeded through a trust. This has not happened yet but we expect it to happen very soon. The homeowners insurance is still active but in my wife’s grandfathers name. Do we need to buy our own homeowners insurance ASAP? Should we wait until our names are on the deed? We plan to rent it out. How will this impact the homeowners insurance we need? This home is fully paid off. We already have a primary home/mortgage in a different state.

submitted by /u/AncientBox1617
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source https://www.reddit.com/r/RealEstate/comments/pyozvy/inherited_house_how_do_we_handle_home_owners/
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