This WSJ article focuses on considerations for homeowners insurance when Katrina-like disasters strike, but it has considereations relevant for everyone to think about regaradless of where you live.

"People are not especially aware of the limitations of their insurance, and they're not knowledgeable about the product," said Mari McQueen, a senior editor at Consumer Reports, which is published by Consumers Union, an independent nonprofit testing and information organization. "There's been a remodeling boom, and people have made some lavish improvements to their homes," she said. But not everyone has notified their insurance companies about these improvements.

I wonder how many people who do home improvement projects actually do think of informing their insurance company?