Is Fred Loya Insurance Right for You?

Fred Loya Insurance Overview

• Reviews: Yelp (566), BBB (185), Trustpilot (2), Clearsurance (129) Total reviews (882)
• Ratings: Yelp (1.5), Trustpilot (2.9), BBB (1.05), Clearsurance (3.26) Average rating (2.1)
• Fred Loya Insurance Phone Number: Customer Service (1-800-444-4040); Claims (1-800-880-0472)
• Address: Claims (P.O. Box 972450 El Paso TX 79997); General Sales (P.O. Box 972090 El Paso TX 79997)

Fred Loya Insurance Introduction

Fred Loya Insurance opened in 1974 in El Paso, Texas and has since grown to over 500 office locations nationwide. Fred Loya sells insurance in 12 states:

• Alabama
• Arizona
• California
• Colorado
• Georgia
• Illinois
• Indiana
• Nevada
• New Mexico
• Ohio
• Oklahoma
• Texas

In most states, Loya Insurance Company and Young America Insurance underwrites Fred Loya’s policies, while Loya Casualty Insurance underwrites coverages for customers in California. Currently, Fred Loya only offers policies with basic coverage, including state-mandated insurance, comprehensive and collision with two addons: rental reimbursement and roadside assistance.

Fred Loya Car Insurance

Fred Loya has limited coverage options, offering liability, collision and comprehensive coverage. It focuses on high-risk drivers, with policies that can be issued with or without a credit check. It also offers the coverage options:

• Roadside assistance: It covers emergency services like towing, flat tire repair and fuel delivery.
• Rental reimbursement: It covers the cost of your rental car if it is deemed unusable after a covered loss.

Ideally, read the fine print on what the policy covers and excludes. For instance, Fred Loya mentions you require “complete coverage” to pay for damages to your own vehicle if you cause an accident but doesn’t explain how you can add that to a policy. Plus, you’ll need to mention any changes, including your address and phone number over the phone or in person.

Fred Loya Auto Insurance Cost

Fred Loya stands out for its cheap insurance rates. Getting full coverage car insurance costs 56% less than average for drivers with a clean history. Drivers with an accident on their record can get the same for 63% less than average.

Fred Loya Auto Insurance Discounts

Fred Loya offers a range of discounts that can help you save on your policies:

• Multi-car discount: Customers who bundle home, condo or renters with auto insurance are eligible.
• Prior insurance: You can earn this discount if your car has been insured for the past 12 months.
• Homeowners discount: You qualify for this discount if you own your home.
• Good driver discount: You will qualify as a good driver depending on your driving history.
• Family discount: Adding drivers from your household to your insurance policy qualifies you for this discount.

Fred Loya Insurance: Customer Reviews

Final Verdict

Fred Loya Insurance offers budget-friendly coverage for high-risk drivers but falls short in terms of customer service and policy options. While it may be a viable choice for those struggling to find affordable insurance elsewhere, the numerous complaints and limited coverage should be carefully considered. If you value strong customer support and comprehensive policies, explore other options before deciding.

To compare Fred Loya with other insurers, read more insurance reviews on Agency Height, here.

Insurance Company Reviews: Make The Right Decision – Agency Height