Replacing the horn is not a cause for concern. How the wiring is done is.
If someone did a not so great job of making sure the wiring was properly sealed and/or run in a path that would help to prevent grounding out onto the chassis, I could see an electrical fire starting.
I only bring this up as a possibility because the stock horn is pure trash, and it gets upgraded as quickly as a tank of fuel gets used.
I have no idea what someone might alter under the hood, so I'm not going to make any assumptions of what anyone might've done.
To be clear, I upgraded my horn to something with a bit more oomph (link below). So, I am by no means trying to shame anyone for doing that. I did make sure to use a few layers of electricians tape around every wire, crimp every wire (no solder as it can "unglue" itself with heat), and zip tie the tape in place so it wouldn't unravel. I also made sure that the new wires were not under any tension, and that the relay was securely bolted to the chassis.
This is a full-power railroad locomotive/ocean liner type compressed air horn squeezed into a bike-mountable package. Totally overkill, until you need to wake up some lethal driver.
www.aerostich.com
I've only had to use my horn all of 3 times. I'll just say that every time that I've had to, the other driver reacted immediately, no matter how loud their music was. Although, I'm going to do similar to what I did with my former AW11 - I'm going to install 2 more horns, because that is how I am.
Admittedly, I had 4 horns in my former AW11, and HOLY SHIT did it get the job done.

I had 2 of those ear cannon horns and 2 disc horns as well.
<p>O.E. universal low tone disc horn, 12-volt, 2 terminal types. Ideal when, a new or replacement horn is needed for a car, motorcycle, truck or RV Painted steel construction, assures long life in all environments. Kit comes complete with a heavy-duty mou
wolo-mfg.com
<p>O.E. universal high tone disc horn, 12-volt, 2 terminal type. Ideal when, a new or replacement horn is needed for a car, motorcycle, truck or RV Painted steel construction, assures long life in all environments. Kit comes complete with a heavy-du
wolo-mfg.com
Each horn was on it's own 60amp relay, and I used 8ga wiring, which all of that is overkill. It was fucking glorious!
As per my GR Corolla, I'll be adding a pair of Hella Supertone horns - again, high and low tone, and each on their own relay. I don't want a single volt of droppage, hence the 8ga wiring.
Anywho! I'm rambling.