Fred Loya Auto Insurance Review, Discounts, Facts, and Everything You Need to Know
Fred Loya is one of the leading car insurance companies based in Texas and is on the Hispanic 500 list. Fred Loya Auto Insurance would be the most suitable choice for those looking forward to having car insurance for their drivers at proportionately cheaper rates.
Let’s take a look at the detailed review of Fred Loya Auto Insurance Company, including its Services, Rates, Pros and cons, Customer Reviews, Locations, and more.
Fred Loya Auto Insurance Company:
The company is spread over a vast region with more than 700 offices in the country and employs more than 5200 employees through their regional and local offices. Fred Loya is also the 18th largest Latino-owned insurance company.
Their headquarters are in El Paso, Texas, and the owner is Fred Loya, a Latin American. He started selling insurance in 1974 and has since become one of the most successful car insurance companies.
They have come a long way from a one-store front office to more than 360+ agencies in 6+ states, including Colorado, California, Nex Mexico, Illinois, Texas, and Nevada.
Various branches and offices of Loya Insurance Group are spread over many shopping centers, streets, grocery stores, and offices. You can find one of their centers in any small town or a big city, no matter where you are. You can surely come across one of the Fred Loya Auto Insurance offices.
Fred Loya Auto Insurance: Current Locations
The leading car insurance company is spread across many centers, including the following 11 states:
- Ohio
- California
- New Mexico
- Nevada
- Illinois
- Georgia
- Arizona
- Indiana
- Alabama
- Texas
- Colorado
The Fred Loya Auto Insurance company covers Most of the southern and western parts of the United States.
Suppose you want your auto insurance from Fred Loya Auto Insurance. In that case, all you need to do is find your nearest:
You will indeed find one at Fiesta Mart, Liborio Supermarket, Superior, Cardenas, Wal-Mart Supercenters, or Big 8 Food Source Stores!
Why Fred Loya Auto Insurance?
This insurance company offers the cheapest rates for auto insurance, which is what most people look for. The company also provides insurance for drivers with accidents on their record, which no other company offers.
Moreover, Fred Loya’s car insurance rates are almost half those of its competitors, which is why more people are attracted to the Fred Loya Auto Insurance Firm.
Fred Loya Auto Insurance Pros and Cons:
Pros:
- They offer exceptionally lower auto insurance policies.
- Insurance for drivers with accidents on their record.
- The company is spread over 11 stages.
- You can find a regional center for Fred Loya Insurance almost anywhere.
- An agent will file a claim on your behalf within 24 hours of the accident.
- High-powered, custom-built, and customized cars can quickly obtain auto insurance from Fred Loya.
Cons:
- They have over 400% of complaints compared to other auto insurance firms.
- Fred Loya does not have a solid Digital presence or a mobile app.
- Customers can’t file a claim or get a quote via online mode.
Current Administration and Leadership at Fred Loya Group:
Fred Loya Sr. – Chairman Emeritus
Fred Loya Jr. – Chief Executive Officer
Flower Loya – President
Joe Ramirez – Chief Financial Officer
Ben Salazar – Chief Operating Officer
Edgar Meza – Vice President of the Claims Department
George Briones – Director of IT
Edgar Fiol – Executive Sales Director
Ricardo Chavez – Managing Attorney
Lana Ruiz – Senior Underwriter
Robert Estrada – HR Director
Leah Williams – Data Analyst
Fred Loya Insurance: Facts and Figures
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Fred Loya Key Details |
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| Firm Name | Fred Loya |
| Net Worth | $506.3 Million (2012) |
| Head Quarter | El Paso, Texas – U.S. |
| Founder | Fred Loya |
| CEO | Fred Loya Jr. |
| President | Flower Loya |
| Total Employees | 5,200 (2015) |
| Main Feature | Auto Insurance |
| Available In | 11 states |
| Website | www.fredloya.com |
Discounts Offered By Fred Loya Auto Insurance:
Fred Loya offers various discounts as a famous and widely preferred auto insurance provider. Interested parties can obtain many types of benefits and discounts from the company. Take a look at the following criteria. You can also get many benefits and discounts from the insurance company:
You will indeed get discounted rates if you insure more than one vehicle.
If your car already has automatic seat belts and airbags, you will be eligible for more discounts.
Cars with anti-theft device systems will also get a discount from Fred Loya.
If they have a driver’s education, those under the age criteria can get discounts from the Fred Loya Insurance company.
Individuals willing to complete defensive driving, drug awareness, alcohol awareness, etc. programs will be eligible for discounts.
Fred Loya Vs. Other Insurance Companies:
Compared to almost any other auto insurance company, Fred Loya will surely stand out and offer the cheapest auto insurance policies. For example, drivers with a clean history driving track record will have to pay almost 56% less than any other competitors’ full coverage car insurance.
Not only that but drivers with one accident on their record are offered 63% less than any average full-coverage car insurance from Fred Loya. Almost no other insurance companies offer higher discounted rates for clean or accidental track records.
Those who own car rental companies or any other vehicle business, primarily cars, choose driver’s insurance and auto insurance from Fred Loya due to such huge discounts and cheaper rates.
Bottom Line
One of the most successful auto insurance companies, Fred Loya Auto Insurance, remains everyone’s first choice due to its cheapest rates and unbelievable discounts. Despite having not-so-great customer support, the company offers excellent services through its regional offices spread throughout many states.