Fred Loya Insurance

What a joke

I honesty don’t even know how Fred Loya Insurance is in business. Their client was speeding down my residential road one morning and was being followed by a motorcycle cop.

She ended up taking the turn of the circle to fast (50-60mph) and lost control.

Her truck hit my parked car, it went through our front fence and hit our big pine tree in the front yard.

My car finally got towed 4 days later (a total loss). Here we are a week later and no progress.

They refuse to visit their client in jail (even though they confirmed they do dispatch people to the jail to collect statements) because she carried liability only.

I was also told that because I wasn’t hurt there is no reason I can’t get to and from work and child care.

Another representative told me that my family can just give me a ride (they live out of state).

Another representative told me that I need to figure it out, that it’s my problem.

Apparently there is some rule that if they don’t get a statement from their client within 40 days, on the 41st day the policy is cancelled

They won’t pay a dime for the accident that their client caused while they were insured!!

Is this even legal!? Seems negligent to me. I was told that I had to prove this even happened, collect all the evidence and send it to them so they can investigate.

I am disgusted with this company and how they do business and treat people.

I’m surprised the Division of Insurance hasn’t shut them down.

That is my next step, I’ll be filing a formal complaint with DORA and other necessary actions so innocent people aren’t screwed over.

Sounds like this is how they do business based on the other complaints on here. What a joke.

Is Fred Loya Insurance legit?
Fred Loya Insurance is not a legit business owner or provider. They are not aggressive towards their customer satisfaction and complaint grievance, and hence 15 consumer(s) was/were given a Fred Loya Insurance as a negative rating, and only a few left positive feedbacks.
Where is Fred Loya Insurance located?
Fred Loya Insurance is headquarted at 397 Federal Blvd Denver, CO 80219. We do not have any affiliation with the better business bureau or yelp reviews platform. You can contact Fred Loya Insurance by dialing (303) 934-0770 or visit their website
How much monetary loss is incurred by Fred Loya Insurance’s customers?
According to the reviews posted by Fred Loya Insurance’s customers, US $1478 was the total loss incurred, and hence the severity of the scam is high.

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15 Reviews on Fred Loya Insurance

  1. Scammer

    I currently don’t have insurance, but am looking to get re-instated by Fred Loya. My problem is that each time I was insured by them, I specifically stated (after setting up automatic payments) that my premium was to be paid on the first of each month.

    Since I’m on a fixed income, that timeframe is perfect for me. For the time I had it, the premiums would always be withdrawn on the 25-27 of each month when no money was available. SO, for the last time, I will try again to reinstate my policy, again autopay, and again on the first ONLY!. If it doesn’t work this time, I’m leaving, never to return. And, for the record, I am a 70% disabled vet needing transportation and insurance

  2. Don't waste your time or money, you will be out of luck

    Don’t waste your time or money, you will be out of luck. They wrote us a useless check to the finance company when we filed a claim for an accident. They did NOT write it to the auto shop and we now can NOT GET OUR CAR FIXED.

    This is full coverage on a new vehicle and they’ve also requested that used parts from Rio Grande and A1 salvage be used on our car. Like most people we need our car to get back and forth. We will not have it for a VERY long time thanks to Fred Loya Insurance. Want more info? Reach me at picassoshart at gmail dot com.

  3. do not use this insurance company!!

    i payed $313.00 for full coverage and liability, they made me cancel my current policy and they had to prorate the cancelled policy for a total of $67.00. so that is a grand total of $380.00.

    i only had this new policy for 1 day, which is only $11.00, but with $25.00 application fee, $75.00 policy fee, $8.50 service charge. they only want to refund me $257.50!!! feel sooo ripped offf!!!!

  4. They are no help whether you are at fault or if it is another person's fault.

    I recently got rear ended and the Adjuster’s response was that I was on my own and that I had to call the other person’s insurance company. Not once did my Fred Loya Adjuster ask me if I was okay nor did they ask if anyone was hurt. She just started barking what they needed document wise, police reports, statements, etc and to call her once this was all taken care of.

  5. By far the worse insurance company that I have ever dealt with.

    By far the worse insurance company that I have ever dealt with. I was hit by one of Loya’s insured. It took nearly 3 weeks to get my rental car authorization.

    I was lied to and told a check was sent out for the estimated repairs and it wasn’t. It took another 13 days to completed 4 days worth of repairs due to the adjuster not returning the body shop’s calls.

    Then to add insult to injury, I was charged over $300 for the rental car extension. Lastly, I still have not received a call pertaining to the diminished value that was requested. I was told I would receive a call within 24 – 48 hours….it has now been 5 days.

Reported Loss :1478 $
Severity of Scam :High
Reported by : Anonymous
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