How to choose properly the insurance amount?

Insure the full market value of your property, so that in case of an accident you could receive full indemnification and restore the property or even replace it entirely. The main goal of insurance is to ensure the same living conditions as before the accident. Therefore, when applying for insurance, be exact in presenting all the objects and properties (e.g. fencing, fountains, furniture, livestock, etc.) to be insured.
When insuring for an amount lower than the property full value, the indemnification will not cover the whole expenses of restoring the property!