Suze Orman
One of the hard lessons learned from Hurricane Katrina: Americans are dangerously lacking when it comes to homeowners insurance. As many as 64 percent of homes are underinsured by an average of 27 percent; as construction costs climb, many of us forget to update our policies. That means if the worst happens—a hurricane, a fire—you could lose everything. How do you know if you're properly covered?

Ask your agent these five questions...