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  • April 7 is National Pet Health Insurance Day — Are you covered?

    April 7 is National Pet Health Insurance Day — Are you covered?

    National Pet Health Insurance Day, celebrated annually on April 7, shines a spotlight on the importance of protecting your four-legged family members through pet insurance coverage. This observance highlights how pet insurance serves as a crucial safety net for pet parents, helping them manage unexpected veterinary expenses.

    Just as we prioritize health insurance for ourselves and our families, pet insurance offers vital financial protection for our animal companions. By investing in a pet insurance policy, owners can make regular, affordable premium payments instead of facing potentially overwhelming veterinary bills during emergencies. This proactive approach to pet healthcare ensures that medical decisions can be made based on what’s best for the pet rather than financial constraints.

    The importance of pet insurance

    Only 3% of Canadian pet parents have pet insurance. And many who are uninsured aren’t prepared for routine or emergency vet costs. Add to that the fact that rising costs are having a major impact on veterinary practices across the industry. Operating expenses continue to climb, from basic overhead like rent and utilities, to essential business costs, such as property taxes and insurance premiums. As these financial pressures mount, veterinary clinics face difficult decisions about pricing structures to ensure they can maintain high-quality care while keeping their practices viable.

    How to observe National Pet Health Insurance Day

    Not only is it a great excuse to treat your dog to something tasty, there are other ways to observe National Pet Health Insurance Day.

    • Buy pet insurance: Pet insurance is an essential investment in your pet’s health and well-being. Just like human health insurance, pet insurance provides financial protection against unexpected veterinary costs. By choosing the right coverage plan, you can ensure your pet receives the best possible care without breaking the bank. Take the time to research different pet insurance providers and compare their coverage options, deductibles and reimbursement rates. Consider factors such as your pet’s age, breed and pre-existing conditions when selecting a plan. With the right pet insurance policy in place, you can focus on enjoying life with your BFF rather than worrying about potential medical expenses.
    • Visit the vet: Regular veterinary checkups are essential for maintaining your pet’s health and well-being. Don’t delay scheduling appointments until your furry friend shows signs of illness. Instead, prioritize preventive care through routine veterinary visits. By making regular checkups a normal part of your pet’s healthcare routine, you can catch potential health issues early and ensure they receive the preventive care they need to stay happy and healthy for years to come.
    • Spread the word: If you know pet parents who are on the fence about getting pet insurance, here’s your chance to share some valuable knowledge. Help them understand why protecting their pet’s health with insurance coverage is a smart and caring decision.

    Unexpected medical costs can add up quickly, even with Canada’s healthcare system. Get cost-effective health coverage to protect you and your loved ones

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘People tend to shelter in place when the future of their job is uncertain’: How homebuyers can still get ahead in an uncertain market with rising prices and mortgage rates

    ‘People tend to shelter in place when the future of their job is uncertain’: How homebuyers can still get ahead in an uncertain market with rising prices and mortgage rates

    With home prices continuing to rise and mortgage rates remaining stubbornly high, is the American dream of homeownership out of reach?

    Home prices jumped 3.8% in February compared to the same time last year, according to the latest National Association of Realtors (NAR) findings. That translates to a median cost of $398,400 for a typical home.

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    And while mortgage rates are slowly ticking down, the 30-year fixed-rate mortgage still averaged 6.65% as of March 27, according to Freddie Mac.

    But it’s not all bad news. Housing inventory is up 17% from a year ago (from 1.06 million to 1.24 million units), which means homebuyers now have more options.

    “Homebuyers are slowly entering the market,” said NAR Chief Economist Lawrence Yun, in a press release. “Mortgage rates have not changed much, but more inventory and choices are releasing pent-up housing demand.”

    How home prices are affecting buyers and sellers

    While housing inventory is up, supply is still limited relative to demand, according to NAR’s Realtors Confidence Index. About 21% of homes sold above list price — though some faced delays or terminations. First-time buyers represented 31% of home purchases, up from 26% a year ago.

    Still, the dream of homeownership is slipping away for many Americans, particularly as prices continue to outpace wage growth.

    Affordability remains near historic lows across most of the country, according to ATTOM’s first-quarter 2025 U.S. Home Affordability Report, with home expenses consuming 32% of the average national wage.

    “With the peak buying season ahead, prices could rise further, worsening affordability,” said Rob Barber, CEO of ATTOM, in a release.

    According to Zillow’s market heat index, neither buyers nor sellers currently have a clear advantage — at least not on a national level. But market conditions vary widely across the country. For example, government layoffs in Washington, D.C. could lead to more listings, while housing shortages in L.A. caused by January’s wildfires are likely to drive up demand — and prices.

    Economic uncertainty is providing a “counterbalance” that will be felt more strongly in some parts of the country than others, notes Zillow’s Housing Market Report for February 2025.

    “People tend to shelter in place when the future of their job or industry is uncertain,” the report noted.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    How to navigate a challenging market

    With so much uncertainty, how can potential homebuyers navigate today’s market?

    Start by securing a mortgage pre-approval, so you’ll know your budget — and be ready to make an offer if you find your dream home. Keep in mind that a pre-approval isn’t a guarantee of final mortgage approval. However, sellers often prefer to work with pre-approved buyers because it reduces their risk.

    Pre-approval tells you the maximum loan amount your lender is willing to offer based on your financial situation. If it’s less than you hoped for, that doesn’t mean you’re out of luck. You might want to focus on different property types (such as a condo instead of a three-bedroom house) or focus on emerging neighborhoods to get more bang for your buck.

    You’ll also need to decide how much you can afford for a down payment and whether a fixed or adjustable interest rate works best for you. If you’re willing to bet that rates will come down eventually, you might want to consider an adjustable-rate mortgage (ARM).

    An ARM starts with a fixed rate that’s typically lower than that of a 30-year fixed-rate mortgage — usually for three, five, seven or 10 years — and then adjusts at set intervals. For example, a 5/1 ARM has a fixed rate for five years and then adjusts annually.

    Where can I find more help?

    First-time homebuyers may also qualify for certain programs and loans. For example, a Federal Housing Administration (FHA) loan — available through qualified lenders and backed by the FHA — is generally easier to qualify for than a conventional mortgage and has lower down payment requirements. These loans do come with limits, which vary by state.

    Many states also offer down payment assistance for eligible first-time homebuyers.

    Veterans and active-duty service members may be eligible for U.S. Department of Veterans Affairs (VA) direct and VA-backed home loan programs through qualified lenders, which often offer better terms than conventional loans. Nearly 90% of VA-backed loans don’t require a down payment.

    There are also down payment assistance (DPA) programs available through state, county and city governments. These offer financial assistance through grants and low-interest loans to cover down payments — and sometimes closing costs. There are nearly 2,500 DPA programs currently available nationwide.

    Alternatively, you might choose to wait for potential rate stabilization. A lower interest rate make a big difference: lower monthly payments can stretch your budget and help you afford a more expensive home. But there’s no guarantee that rates will drop soon.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out

    Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out

    Faced with the rising cost of living, many American retirees are looking to control one of the most fundamental expenses: housing.

    Since the pandemic, the cost of housing has remained stubbornly high. According to a recent report, home affordability slipped further in January, as rising prices raised the income needed for a mortgage in 12 of 13 major markets.

    Moving is not easy at the best of times, but for retirees, deciding whether to rent or own their home will have a long-term impact on their finances and their lifestyle. To help clarify whether renting or owning is your best option, retirement author and YouTube host Geoff Schmidt advises following what he calls the 5x5x5 rule.

    About the 5x5x5 formula

    The 5x5x5 rule is a way to gain clarity on your decision to move by breaking down the pros and cons of renting versus owning both short- and long-term. Most importantly, retirees need to consider where they’ll be — not just geographically speaking — 10 years down the road. Here’s a breakdown of each of ‘five’ in the 5x5x5 rule.

    5 pros of ownership

    The first step in deciding if you want to buy a new home as a retiree is to think about the five big perks of having your own property. For retirees, the pros of owning a home allow you to:

    1. Build equity in your home: Each mortgage payment you make brings you closer to owning your house free and clear with no payments. If you can buy a new home or condo outright by selling your current home, you can still build equity in your new dwelling over time.
    2. Predictability: If you have a fixed-rate mortgage, your mortgage payments will remain consistent for years and you don’t have to worry about a landlord ever making you move.
    3. Tax benefits: While mortgage interest and property taxes are not tax-deductible on a principle residence, you could find tax deductions if you use a portion of your home for a home-based business or to rent out as short-term accommodation or to a long-term tenant.
    4. Customization: You don’t need a landlord’s permission to alter and improve your home.
    5. Home appreciation: Homes generally increase in value, so you can increase your net worth by owning a property.

    5 pros of renting

    Renting also has five significant upsides, particularly for retirees who want greater freedom to travel and to make bigger moves — potentially across the country or even abroad. These include:

    1. Extreme flexibility: You can leave your property after giving notice and go wherever you want much more easily than with an illiquid home you’d have to sell first.
    2. Lower upfront costs: You only have to pay first and last month’s rent and a security deposit to move into a rental, not make a large home down payment.
    3. No maintenance concerns: If something breaks, your landlord is responsible for the cost of fixing it and the actual repairs. You don’t have to build up an emergency fund for maintenance.
    4. Predictable expenses: For the duration of your lease, your monthly housing costs including utilities will remain consistent, even if the cost of energy goes up, for example.
    5. Lack of worry: If you’re in a rental apartment, you won’t have to concern yourself with shovelling snow, mowing grass or other matters of general, external upkeep.

    5 variables that help you make the decision whether to rent or buy

    The last step in the 5x5x5 rule is to consider specific variables that affect you. These include:

    • Financial stability: Considering your current and future Canada Pension Plan (CPP) benefits and retirement income, will renting be more affordable long term, or will owning be more beneficial?
    • Lifestyle preferences: Think about quality of life and what matters to you. Maybe your biggest priority is to be close to family. Perhaps you want easy access to amenities like health care and recreation. Do you want more predictability or more flexibility? Which option — buying or renting — comes closest to matching your desires?
    • Current and future health: Are you in a position to maintain your home and does it have aging-in-place options?
    • Estate planning: Do you want to have a home to leave as an asset to your loved ones?
    • Market conditions: Is it a good time to buy a property? What do you think will be happening in the real estate market in the next decade?

    By asking yourself these detailed questions about your own personal financial goals and lifestyle preferences, it will be easier to decide whether to own or rent now and in the long term.

    @plaacement()

    This article Should Canadian retirees own or rent their home? Use this simple ‘5x5x5 rule’ to figure it out originally appeared on Money.ca

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘Something didn’t seem right to me’: Job scams are surging as federal layoffs rise — here’s how to avoid getting duped when you’re desperate for work

    ‘Something didn’t seem right to me’: Job scams are surging as federal layoffs rise — here’s how to avoid getting duped when you’re desperate for work

    Employment scams are nothing new — but they’re becoming more common, especially in the wake of mass layoffs from the Department of Government Efficiency.

    With thousands of federal workers suddenly out of a job, scammers are seizing the opportunity. They often create fake job listings by mimicking legitimate employer websites, hoping to trick desperate job seekers into handing over sensitive personal and financial information.

    According to the Federal Trade Commission, job and fake employment agency scams have nearly tripled since 2020. Americans lost $501 million to these schemes in 2024 — up from $90 million four years ago. The FBI’s Internet Crime Complaint Center reports that victims of job scams lose nearly $3,000 on average.

    If you’re currently job hunting, there are a few red flags worth knowing about — and avoiding them could save you serious money and a major headache.

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    Keeping a look out

    Job hunting has never been easy — between constantly updating your resume and rewriting cover letters, the process can already feel like a full-time job. But now, employment scams are adding another stressful layer to the search.

    Even if you’re not actively hunting for a new job, sometimes a too-good-to-be-true offer lands right in your inbox. On the Job Scam Report podcast, Ashley Price-Horton, founder of CyberCareer Advancement, explained just how easy it is for scammers to zero in on vulnerable targets.

    “It’s really easy to identify who was a federal employee who got laid off because they’ll usually put their end date and it’s very easy to target them for scams,” she said.

    That’s exactly what happened to a Washington state woman, whose identity was kept anonymous by The Washington Post. While browsing LinkedIn, she was approached by someone claiming to be “Edward Mueller” from a nonprofit offering her a remote transcriptionist job.

    “Your skills and experience align perfectly with the requirements of this role,” the email read. It even included the promise of a $250 training bonus.

    But the woman was quick to feel suspicious when — before she could start — she’d need to purchase expensive equipment and provide her banking information for payroll.

    “Something didn’t seem right to me with the correspondence and hiring process,” she told The Washington Post.

    The offer seemed rushed. She couldn’t find Mueller’s profile online. That was the red flag.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Spot the scam

    Scammers have gotten alarmingly good at making fake job offers look legit — but there are still ways to outsmart them before you accidentally hand over your personal details.

    Start by verifying the job listing. Search for the company on your own and contact them directly using information from their official website — not the phone number or email the supposed recruiter sends you. If something feels off, it probably is.

    Another golden rule is you should never have to pay to get a job. If you’re asked to buy equipment or deposit a check upfront, that’s a major red flag. A common scam involves sending you a check for more than the equipment costs, then asking you to return the difference — either via gift card or bank transfer. The check might clear at first, but once it bounces, you’re on the hook for the full amount.

    The FBI’s Internet Crime Complaint Center told The Washington Post that legitimate employers only ask for payroll information after you’re officially hired — never during the initial hiring process. If someone’s pushing for it early, it’s time to walk away.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Fixed mortgage rates are falling, but variable rates remain stubbornly high

    Fixed mortgage rates are falling, but variable rates remain stubbornly high

    In an unusual twist in Canada’s mortgage market, fixed mortgage rates are on a downward trajectory while variable-rate pricing is tightening. This divergence presents both opportunities and challenges for homeowners approaching mortgage renewal.

    If you’re shopping for a mortgage renewal, there’s some good news — fixed rates are on the way down. Over the past few weeks, lenders have been quietly cutting their three- and five-year fixed rates by 10 to 20 basis points. Why? Falling bond yields and a fiercely competitive spring market have banks and monoline lenders scrambling for business. Mortgage analyst Ron Butler put it simply in Mortgage Rate Trends: "The spring market starts now."

    With lenders vying for borrowers, now might be the time to lock in a deal.

    Variable-rate discounts shrink despite rate cuts

    Conversely, variable-rate mortgages are experiencing a reduction in discounts. Although the Bank of Canada recently lowered its overnight rate by 25 basis points, lenders have been decreasing the discounts offered on variable rates. This adjustment is partly due to widening credit spreads, which increase borrowing costs for lenders. As a result, new variable-rate mortgages may not be as cost-effective as anticipated.

    Historical context and future outlook

    Historically, fixed and variable mortgage rates in Canada have often moved in tandem, influenced by factors such as the Bank of Canada’s policy decisions and economic conditions. However, instances where fixed rates fall while variable rates rise are less common.

    This current divergence is primarily driven by the interplay between declining bond yields affecting fixed rates and increased credit spreads impacting variable rates.

    Looking ahead, the trajectory of mortgage rates will depend on a mix of domestic and international economic factors. While bond yields have been declining, largely in anticipation of further Bank of Canada rate cuts, broader global economic uncertainty is keeping lenders cautious. Several elements could influence mortgage rates in the coming months:

    • Tariffs and trade uncertainty: Since taking office, U.S. President Donald Trump has reintroduced tariffs on Canadian exports, escalating a trade war that threatens economic stability. These measures could slow economic growth, potentially prompting the Bank of Canada to maintain or accelerate rate cuts. However, supply chain disruptions and increased costs for Canadian businesses may also contribute to inflation, complicating rate decisions.
    • U.S. economic policy and market volatility: Trump’s administration has implemented a series of protectionist policies, causing increased market volatility. A stronger U.S. dollar and investor flight to safe-haven assets have pushed bond yields higher, which could put upward pressure on fixed mortgage rates in Canada.
    • Domestic economic strain: Rising household debt, slower economic growth and a cooling job market could push the Bank of Canada toward more rate cuts. However, stubborn inflation —especially in housing and energy — may limit how aggressively the central bank can lower rates.

    Advice for homeowners approaching renewal

    For those with mortgages up for renewal in the coming months, consider the following:

    • Evaluate rate options: With fixed rates decreasing, locking in a fixed rate might offer predictable payments and potential savings.
    • Assess financial flexibility: If considering a variable rate, ensure your budget can accommodate potential rate fluctuations, given the current reduction in variable-rate discounts.
    • Consult a mortgage professional: Engage with a mortgage advisor to explore personalized options and navigate the complexities of the current market.

    With economic uncertainty playing a key role in interest rate movements, homeowners renewing their mortgages in 2025 should stay informed and be prepared for potential shifts in borrowing costs.

    Sources

    1. Mortgage Rate Trends: Mortgage rate war heats up as big banks slash rates — “The spring market starts now”: Butler (March 18, 2025)

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘It’s easy to get fooled’: San Diego woman loses thousands to fake landlord after scoring a $1,000/month ‘deal’ in beachside neighborhood. Here’s how to protect yourself from rental scams

    ‘It’s easy to get fooled’: San Diego woman loses thousands to fake landlord after scoring a $1,000/month ‘deal’ in beachside neighborhood. Here’s how to protect yourself from rental scams

    When San Diego resident Alexandria Moya needed a place to live, she was worried that her small budget would be an issue. A one-bedroom apartment in the Ocean Beach neighborhood of San Diego costs about $2,500 on average, according to Zumper, which is beyond what she could afford.

    So when Moya saw a listing priced at $1,300, she was thrilled. And, she was even more excited when the woman listing the home agreed to rent it to her for just $1,000.

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    The problem? The listing turned out to be a scam, and Moya lost money in the process.

    "I got fooled. And it’s easy to get fooled," she told Fox 5 News San Diego.

    A rental application turns into a nightmare

    Moya was immediately interested in the rental that fit her price point, so she contacted the woman listing it for a tour. She then met a young woman, who identified herself as the owner’s niece, who showed her the property

    Moya read the lease and all looked legitimate. She wanted a little time to make her decision, but the property owner was pressuring her to commit. Worse yet, she said that Moya had to make an immediate cash payment if she wanted the rental.

    Moya says she paid the owner $2,500 in total — $1,500 in cash and $1,000 through Zelle. From there, Moya’s move-in date kept getting pushed back.

    Eventually, Moya was told she could not move in at all. She was promised a refund for the money she’d sent, but it never came. She called the woman who had listed the property repeatedly, but her calls kept going straight to voicemail

    "I was hurt. I cried about it," she told Fox 5.

    Moya says she filed a police report but does not expect to get her money back. And it just goes to show how important it is to be careful when a listing seems, as Moya said, "too good to be true.”

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    How to avoid rental scams

    Rental scams are on the rise. The FBI was already warning of a spike back in 2022, reporting that in 2021, Americans lost $350 million to real estate and rental scams. The Better Business Bureau (BBB) also reports that more than 5 million people have lost money to rental scams. Plus, the BBB found that in 2023, rental scams saw a 64.1% increase.

    San Diego County District Attorney Summer Stephan told Fox 5 that in the past two years, rental scams have risen by 45%, per the Better Business Bureau. She warns that scammers use tactics like claiming they’re out of town and that they can’t show the property, or claiming that they have multiple offers and need an immediate answer and payment.

    Be mindful of these patterns if you’re in the market for a rental, and don’t let a pushy so-called property owner pressure you.

    Another “red flag,” Stephen told Fox 5 reporters, is that scammers also sometimes take legitimate listings and create duplicate ones with their own contact information. If you see a listing, do some online searching to make sure it’s not showing up in multiple places at different price points. In that case, the lower price is typically the bogus listing.

    It’s also a good idea to look at public records to confirm who owns the property you’re trying to rent. If the names don’t match up, dig deeper — or run away. Your county clerk’s office could be a good resource here.

    Of course, it’s common for property managers to list rentals on owners’ behalf. In that case, research the property management company at hand. See if they have a BBB listing and what their ratings are.

    It’s also important to use trusted online platforms to find a rental. Be wary of posts on social media listing homes for rent.

    Also, be wary of rentals that require a larger-than-average up-front deposit. It’s common to put down your first month’s rent plus a security deposit. Beyond that, ask questions. And in the course of putting down a deposit, try to use a credit card if possible. That gives you a way to track the payment and, if needed, stop or dispute it.

    Finally, research rental prices in your area so you know what the market is demanding. And, be careful with listings that are priced under market. If a given rental seems like it’s too good to be true, it just may be.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘I don’t really care about his dreams’: Portland wife needs her husband to ‘get a better job’ than being a school bus driver — they have 5 kids and a baby on the way. The Ramsey Show responds

    ‘I don’t really care about his dreams’: Portland wife needs her husband to ‘get a better job’ than being a school bus driver — they have 5 kids and a baby on the way. The Ramsey Show responds

    After 17 years of marriage with five children and another one on the way, Holly from Portland, Oregon, feels like she’s reached the end of her rope. She’s ready to bluntly tell her husband what she thinks about his career choices.

    “I have to basically tell him, in a loving way, that I really don’t care what his dreams and aspirations are,” the exasperated mother said on The Ramsey Show in a clip posted March 4. “I really just need him to get a better job.”

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    Holly’s situation illustrates a harsh reality couples can face when they transition from dual-income to single-income living, while also grappling with the costs of raising multiple children.

    Facing an income cliff

    Holly says the couple are making a combined income of around $10,000 a month. However, she explains this income is only possible because of their various side hustles. She works roughly 50 hours a week operating a daycare business while he works 30 hours a week as a school bus driver, plus two additional part-time jobs.

    But with another baby due soon, Holly says she won’t be able to maintain her daycare business. She would prefer to be a stay-at-home mom, but it’s something she believes the couple can’t afford based on her husband’s income.

    “It’s just that I’m scared,” she told co-hosts John Delony and Rachel Cruze. “We’re about to lose half our income.”

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    Oregon is the 15th-most expensive state for two working adults to raise a child, according to a 2024 report by SmartAsset. The estimated annual cost, including childcare ($14,000), is $26,334 for one child. It’s easy to see how a household taking care of multiple children might struggle if both parents decide to keep working.

    Holly didn’t reveal the ages of her kids, but she made it clear the current situation wasn’t tenable. Despite being happy at his job, she says her husband is simply underpaid, and she faces the uncomfortable challenge of convincing her husband to find better work and earn more income.

    Difficult conversation

    Talking about money and income can be tricky for most couples. More than a third (34%) of partnered Americans in a 2024 survey commissioned by BMO said money was a source of conflict in their relationship. Nevertheless, getting on the same page and clarifying expectations is essential for a healthy relationship.

    With this in mind, Delony encouraged Holly to share her feelings with her husband. Rather than confronting him about his comfort and his dreams regarding work, help him see that the math doesn’t work out and the family is at risk.

    Running the numbers on a piece of paper together could give him the reality check he needs to make some changes and boost the household income as rapidly as he can.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • ‘I’m not looking for a lottery ticket here. I’m looking for accountability’: Man denied a $1K insurance claim after trooper crashes into car — how to fight insurance disputes

    ‘I’m not looking for a lottery ticket here. I’m looking for accountability’: Man denied a $1K insurance claim after trooper crashes into car — how to fight insurance disputes

    A shocking crash involving a rookie Minnesota state trooper has left a family reeling.

    The incident happened last June along Highway 23, near Marshall, Minnesota.

    Jamie Krueger was driving behind a State Patrol trooper when, without warning or flashing lights, the officer attempted a sudden U-turn to chase a speeding driver. He hit Krueger’s car and the impact sent the vehicle swerving off the road.

    While the Kruegers were treated for minor injuries, their car was deemed a total loss and Krueger was left to cover the $1,000 deductible.

    The shocker? The Minnesota Department of Administration refused to cover the costs, citing “immunity” — a legal shield protecting government workers from liability.

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    “We see that a lot with immunity cases”

    After months of back-and-forth, the state refused to pay, sending Krueger a letter saying, “We are unable to consider your claim for payment,” and citing “immunity.”

    Dashcam footage from the crash shows the moment of impact, followed by a senior trooper admitting the rookie officer, "didn’t see you." That statement and the accident report’s mention of an “improper turn or merge” seemed to confirm that the trooper was at fault.

    Legal experts like Alicia Granse, an attorney with the ACLU of Minnesota, are worried that this could set a dangerous precedent. Granse argues that while immunity shields government workers, it shouldn’t prevent them from acknowledging harm and making things right.

    “We see that a lot with immunity cases,” she said. “It’s very difficult to hold government agents accountable in any sphere.

    In recent years, the ACLU has made it a priority to challenge immunity laws, hoping to reduce how often the government uses these legal defenses.

    She added, “We don’t want to penalize, necessarily, government agents who make a mistake, but they should at least acknowledge the harm and try to make things right.”

    According to ABC News, the Minnesota Department of Administration declined to comment and the State Patrol, which confirmed the rookie officer left the force just two weeks after the crash, also refused to provide further details. The records show that the officer was not cited.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    What to do if your insurance claim is denied

    Dealing with a denied insurance claim can be frustrating, but here are some steps you can take to navigate the tricky situation.

    To begin with, it’s important to understand your policy, keep good documentation and stay current on payments to avoid any issues in the first place.

    Each state has its own rules for handling insurance claim denials and appeals. Reach out to your state’s insurance department for advice.

    If your claim does get denied, make sure you understand why by reviewing the insurer’s Explanation of Benefits (EOB). Common reasons for denial include missing documentation, failure to meet policy terms, or expired policies. If you believe the denial was incorrect, you can file an appeal with the insurer and be sure to submit all necessary documentation and stick to deadlines.

    If your appeal isn’t successful, consider mediation or arbitration to resolve the issue more quickly and affordably. You also have legal rights, with each state offering regulations for handling claims disputes. Federal protections like ERISA apply to employer-sponsored health plans.

    If necessary, you can consider escalating the issue to a regulatory body such as the Consumer Financial Protection Bureau or seeking legal action. Seek professional advice to help guide you through the appeals process and ensure your claims are handled correctly.

    Krueger, for his part, is just looking for one thing: “I’m not looking for a lottery ticket here. I’m looking for accountability. I’m looking for the right thing to be done,” he said.

    What to read next

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Feed your fur-baby the best! Here’s a comprehensive guide to Canadian-owned/made pet foods

    Feed your fur-baby the best! Here’s a comprehensive guide to Canadian-owned/made pet foods

    Trump’s tariff trade wars are all over the news, and you’re determined to shop Canadian. Well, you’ll be happy to hear that your furry family members can do their part. We’ve put together a comprehensive list of Canadian pet food brands that make it easier to make the switch.

    To be considered for this list, pet foods must not only be made in Canada, but also be Canadian owned. That means brands such as Acana and Royal Canin didn’t make our list — that’s because even though this food is made in Canada, the brands are owned by a US parent company (in this case, Mars).

    You can buy any of these pet foods directly from the manufacturers’ websites, but if you prefer brick and mortar stores, you can try shopping at Pet Valu. This pet store giant is Canadian-owned and operated. As well, most of the local boutique pet stores in your neighbourhood are also Canadian-owned and operated.

    Canadian dry pet food (alphabetical)

    • 1st Choice Nutrition
    • Canadian Naturals
    • Carna4
    • FirstMate
    • Harlow Blend
    • Horizon Pet Nutrition
    • Lily & Jax
    • Nutrience
    • Nutram
    • Oven-Baked Tradition
    • Petcurean Gather, Go! Solutions and Now Fresh
    • Pronature
    • Vetdiet
    • Zoe

    Read More: A surprise trip to the vet can cost $1,000 or more. Don’t get caught off guard. See how pet insurance can ease the stress — and cost — of caring for fur babies. Protect yourself now

    Canadian wet pet food (alphabetical)

    • Canada Fresh
    • FirstMate
    • Harlow Blend
    • Kasiks
    • Nutram
    • Nutrience
    • Oven-Baked Tradition
    • Petcurean
    • PetKind
    • Vetdiet
    • Zoe

    Canadian dehydrated or freeze-dried pet food (alphabetical)

    • Hurraw
    • Grand Cru
    • Puppy Love
    • Smack
    • Zeal Canada

    Canadian frozen raw pet food (alphabetical)

    • Big Country Raw
    • Bold by Nature
    • CarivoraBack2Raw
    • Healthy Paws
    • Iron Will Raw
    • K9 Choice Foods
    • Legacy Pet Foods
    • Pets Go Raw

    Did I miss any? If you’ve got one that I’ve missed, please let me know by dropping a comment down below, and I’ll add it to the list.

    This article Our comprehensive guide to Canadian-owned and -made pet foods originally appeared on Money.ca

    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.

  • Millions of US retirees face paltry Social Security COLA forecast — ways seniors can protect their savings

    Millions of US retirees face paltry Social Security COLA forecast — ways seniors can protect their savings

    More than 52 million retirees are registered Social Security beneficiaries in the U.S., taking home an average check of $1,980.86 per month as of February after a lifetime of hard work. While the benefit is meant to supplement income rather than replace it once a worker retires, according to Gallup polling, beneficiaries have increasingly become more reliant on Social Security since the millennium.

    In an effort to keep up with inflation, Social Security benefits are subject to a cost-of-living adjustment (COLA) every year. But the next one might come as a disappointment. According to The Senior Citizens League (TSCL), the 2026 COLA forecast as of March 12 stands at only 2.2%, below the average of annual increases seen since 2010.

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    So, what does this mean for American retirees, and what can they do to boost their savings so they can rely less on Social Security to replace their income in retirement?

    A look at COLA

    A 2.2% COLA increase in 2026 would be the smallest percentage increase in the past 5 years. With inflation cooling, but still present, and experts anticipating tariffs will increase costs in the short term, many retirees may desire more from their monthly check.

    So, how does the Social Security Administration (SSA) calculate the COLA? The figure is typically tied to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) within a specific period of time. The CPI-W measures inflation or deflation on 200 different price indices, allowing the SSA to track how consumer spending and buying power are affecting average Americans.

    However, critics of the formula argue it doesn’t correspond to the spending of beneficiaries. Spending on health care, for example, is generally higher among retirees compared to the average worker, yet this is not reflected in the calculation.

    In addition, COLA may not be keeping up with real inflation figures (keep in mind, they’re announced the year before being implemented). A study published by TSCL in 2024 showed that Social Security benefits had lost 20% of purchasing power since 2010, with inflation outpacing COLA in most years.

    Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says this 7-step plan ‘works every single time’ to kill debt, get rich in America — and that ‘anyone’ can do it

    How to protect your retirement savings

    Are there ways retirees and those who are retiring soon can shore up their savings and become less-dependent on Social Security to pay the bills?

    Investments may be key. Conventional wisdom says those already in retirement should opt for a safer mix of investments, relying more on bonds, securities and high-interest savings accounts. If you have the resources, dividend-paying investments can be helpful in retirement.

    Many retirees who are worried about inflation eating away at their hard-earned savings invest in Treasury Inflation-Protected Securities (TIPS). These bonds are issued by the U.S. Treasury and are adjusted along with the rate of inflation, so your buying power is safeguarded as the bond grows. Conversely, however, investors receive lower payouts if deflation occurs.

    Retirees should be careful budgeters, reducing their expenses to a minimum. It’s wise to review your spending regularly to account for every penny collected and spent. If you’re tech-savvy, many banks and tech companies offer spending tracking apps that you can use on your smartphone or online, helping you see your cash at a glance.

    If you have trouble reining in your expenses, or are looking for more room in your budget for investing, consider speaking to a qualified financial adviser who can help you make the most of your retirement, and ensure that — whatever COLA increases are in your future — you can live well beyond your working years.

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    This article provides information only and should not be construed as advice. It is provided without warranty of any kind.