Instead of scaremongering, how about we define in which situations this whole “safety” story is relevant at all?
In other words, for whom is it worth buying an expensive fluke or similar and for whom is it a waste of money?
I see the whole CAT rating thing as serving two purposes:
1) as a nice rule of thumb.
If you do anything mains rated regularly, or would like your meter to stand a better chance of surviving some random incident either dumb or unknown, then it's best to get at least a (genuine) CAT III rated meter. Not essential, but nice.
2) For companies that need a known minimum standard so their arse is covered. For most people this doesn't apply, even the likes of professional electricians. It's not like an electrican can't get insurance if they aren't using a CAT IV rated Fluke meter for example.
This is why the new 61010 standard has removed the CAT I and CAT II ratings frm the front panel of meters, so you aren't potentially confused when you glance at that CAT rating on the front of the meter.
Only CAT III/IV meters are now allowed to have CAT printed on the front of them.
If you really really really care about robustness and high voltage then you'll get one of the newer high voltage rated meters that are now being made for the solar industry. And even then you are likely using special probes for stuff.