While it's true that owning your property outright removes the legal obligation to carry home insurance, it is still highly advisable to have coverage for peace of mind and protection. Unexpected events can occur, and having insurance safeguards your investment and belongings. Home insurance can save you from significant financial burdens if accidents or damages occur. Additionally, certain insurance providers offer discounts for homeowners who have paid off their mortgages. Protect your home and assets with Ottawa home insurance, ensuring you have comprehensive coverage tailored to your needs.