RAID 5 is not a worry free type of solution. It's better than having no backup solution but it is not the only thing to have. All it does is spread your data across the drives that you have. You need a minimum of 3 drives but more are recommended. It can only "save" you from data loss if 1 drive fails. If more than 1 drive fails, you're screwed. Also, there isn't a "warning" that it will give you. Normally, if you were running a server pc, the raid drives would be visible from the outside with a light on each. If the light with the X is on RED, it means that drive has failed. Another bad thing about RAID is that if one drive fails, the other ones are pretty much going to fail soon as well since they are all the same brand, type and year. That's why two of your drives failed. Don't be surprised if your third one failed after you get the others replaced.
Raid is only good when 1 drive fails and you notice it. As soon as one drive fails you need to replace that drive and the raid will beging to "rebuild" your data so you can keep on going.