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That all depends what you are protecting and against what kinds of loss.

If you were a house painter, you may only carry $100,000 worth of liability because any loss would be relatively inexpensive. But if you are a welder or a business that works with explosive chemicals, you may want $1000000 worth or more of liability because of the amount of loss there would be in the case of an unfortunate accident.

AS a contractor that does home improvements, I carry $500,000 of liability. That would cover any damages except for maybe having a house fall down completely.

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Q: Is one million enough for liability?
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