Paying Off Primary Mortgage and Home Insurance Question

[Syed Shah]

So, I am planning to finish my primary house mortgage. Was wondering if I have to do any work or be prepared for anything before I satisfy the loan? Understand, have to take care of insurance, taxes and deed with the county. Since, I'll be paying taxes and insurance on my own.

Is there anything else? Also, should I change my home owners insurance limits, so that premium can go down? Currently, I am paying ~$800/year.

Any other tips or advice? Thanks very much.