Yes indeedy. You don't want to be using one of those piddly 5 quid meters off ebay for probing meter tails and whatnot. Just because they claim they're good for 600V at whatever CAT rating I wouldn't trust 'em for mains use. NFW.
I experienced an arc flash myself 30 years ago. Won't forget it. Huge flames shooting up the wall. I instinctively threw myself back away from the blast but still ended up resembling the typical cartoon character depiction you see of people who get blown up; black, sooty face except for white eyes where luckily my specs had protected me. Not nice!