Fred Loya Auto Insurance Review 2022

Complete Review Fred Loya Auto Insurance


Fred Loya Auto Insurance Review Fred Loya Insurance specializes in offering low-cost vehicle insurance to high-risk drivers – often those with bad credit or those forced to submit an SR-22 form as a result of traffic offenses or DUIs. The firm is run by EP Loya Group, a Texas-based vehicle insurance corporation that also owns Loya Insurance Company, Young America Insurance, Rodney D. Young Insurance, and National Insurance – organizations that may sell Fred Loya and other insurance providers’ policies. Fred Loya Insurance may be offered under one of these names in your area.

Fred Loya Insurance is a Hispanic 500 auto insurance firm established in Texas. The corporation employed 5,200 people and operated 700 locations in Alabama, Arizona, California, Colorado, Georgia, Illinois, Indiana, New Mexico, Nevada, Ohio, and Texas as of 2016. It is the country’s 18th biggest Latino-owned business.

While Fred Loya provides several unusual benefits, like free rental vehicle coverage and handy office locations in grocery and Walmart shops, the company’s regulations may be complicated. Additionally, the firm receives a large volume of consumer complaints and has run afoul of the law in the past.

If you’re having difficulty obtaining coverage, Fred Loya is likely to be able to assist you. However, before picking Fred Loya as your vehicle insurance provider, investigate the alternative choices accessible to high-risk drivers. If you merely want to buy insurance that fulfills your state’s minimal coverage requirements, you have other alternatives.

Insurance coverage for Fred Loya’s automobile

Fred Loya Auto Insurance Review 2022

When looking for vehicle insurance, it’s critical to understand the difference between the coverage you want and the policy you’re obligated to get. Car insurance is required in the majority of states in order to operate a vehicle. While state-by-state minimum coverage requirements vary, they often include liability insurance and uninsured or underinsured motorist coverage.

If you require additional protection, you may wish to consider full coverage insurance. Full coverage is not a distinct policy type; it is a mix of other forms of insurance, such as liability, collision, and comprehensive.

fred loya insurance company

In addition to these coverage options, Fred Loya also provides rental reimbursement coverage, which covers the cost of a rental automobile while your vehicle is being repaired.

Fred Loya specializes in coverage for high-risk drivers, which often include those with bad or no credit. Fred Loya’s insurance is offered with or without a credit check, and SR-22 forms are often accessible.

Certain insurance coverage types and exclusions are unusual and maybe unclear, so it’s critical to read the tiny print carefully. For instance, Fred Loya provides “full coverage” – a mix of comprehensive and collision coverage — but only on clean automobiles. Additionally, after a policy is acquired, any modifications, including changes to the location or phone number, must be done by phone or in person.

Fred Loya does not provide auto insurance rates online. To get a pricing quote, contact the Fred Loya hotline or visit a facility. You may use the website’s location finder to locate neighboring offices. Several are located in easily accessible retail locations such as grocery shops and certain Walmart locations.

Discounts on automobile insurance
Fred Loya coupons may include the following:

  • Discount for several vehicles.
  • Discount for airbags or automated seat belts.
  • Discount for anti-theft measures.
  • A discount is available if you have successfully completed a defensive driving course.
  • Discount for driver education.
  • A discount is available for successfully completing an alcohol and substance abuse awareness course.

Buying guide for automobile insurance


Prior to comparing auto insurance providers, it’s necessary to gather some fundamental information. This includes the driving records of all policyholders, as well as information on your vehicles, such as safety features and yearly kilometers traveled. Additionally, you’ll want to decide the sort of coverage you want. For instance, do you want to get simply the bare minimum insurance required by your state, or do you want additional coverage, such as gap insurance or ridesharing coverage? Verify that each provider you’re researching has the features you want.

When comparing quotes from different insurance, verify that they all provide the same coverage limits and deductibles. You may not want to make your choice just on the basis of pricing. Consider the number of customer complaints filed against each firm, since a large number of complaints may indicate a concern about the quality of service you will get.

You may be able to purchase insurance online, over the phone, or via an agent, depending on the provider you pick. For further information, see how to get automobile insurance.

Complaints
According to three years’ worth of data from the National Association of Insurance Commissioners, Fred Loya had significantly higher than the anticipated amount of complaints concerning vehicle insurance to state regulators, according to its size.

Additional information on Fred Loya vehicle insurance
Website: The Fred Loya website is sparse in terms of coverage choices and functionality. Customers who already have a policy may view it and make payments online, while new customers can utilize the site’s location finder to locate the closest agent.

Mobile notifications: Fred Loya Insurance allows customers to subscribe to SMS alerts that provide insurance information.


Methodology for insurer complaints

Between 2018 and 2020, NerdWallet analyzed complaints received by state insurance regulators and submitted them to the National Association of Insurance Commissioners. To compare insurers, the NAIC develops a complaint index for each subsidiary each year, based on its percentage of total complaints related to its size or share of total industry premiums. To assess a company’s complaint history, NerdWallet created a comparable index for each insurer over a three-year period, weighted by the market shares of each subsidiary. Automobile, house (including renters and condominium), and life insurance ratios are calculated independently.

Frequently asked questions

How do I file a claim?

Claims must be made by phone at 800-880-0472. They may be reported only during Fred Loya’s regular business hours of 7 a.m. to 8 p.m. MT Monday through Friday and 7 a.m. to 4 p.m. MT on Saturdays.

What is the Fred Loya customer service phone number?

Fred Loya insurance phone number You can reach Fred Loya’s customer service team by dialing 800-444-4040.

In which states does Fred Loya sell car insurance?

In Alabama, Arizona, California, Colorado, Georgia, Illinois, Indiana, Missouri, Nevada, New Mexico, Ohio, and Texas, Fred Loya vehicle coverage is offered.

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