Andreis,
1. What version of SQL are you running?
2. "Running out of space with our SQL Server Data and Log files". Is that the data space and log space allocated are filling up, or are they growing to actually fill the physical disk (i.e. D drive 1MB free)?
3. How do you resolve the issue currently if there is no space. Delete data or allocate more disk space?
4. Who's in charge of the capacity planning?
It is all well and good to monitor the situation and get a warning, but the root causes should be addressed to try to avoid reaching a critical point to start with.
Have a look at the above and we'll see from there.
Rgds,
M.