Fred Loya Insurance, also known as the Loya Insurance Group, is a popular “high-risk” insurance provider. This means Fred Loya Insurance covers high-risk drivers–even drivers considered uninsurable by other companies. Fred Loya Insurance claims are much harder to pursue due to these types of drivers they insure.
A driver might be labeled high-risk due to:
While offering competitive rates to high-risk drivers might sound like a generous effort, Fred Loya Insurance was fined by the state of Texas for “false advertising,” which calls some of their tactics and methods into question.
If you were in an auto accident and Fred Loya Insurance is involved, read on for important information about your claim. As it turns out, there are many reasons to be wary when dealing with Fred Loya.
After an auto accident, it’s natural to be overwhelmed. You might be hoping the insurance companies will work everything out without much effort on your part. But you cannot trust companies like Loya Insurance Group to act in your best interest.
Because Fred Loya Insurance caters to high-risk drivers, their insurance plans aren’t as protective as you might expect. Often, a policy through the Loya Insurance Group won’t include personal injury protection, uninsured motorist protection, or underinsured motorist protection. This can put you in a tough spot after an accident when making Fred Loya insurance claims.
With a Dallas personal injury lawyer on your side, you have a chance to collect compensation for the damages and injuries sustained as a result of your crash. Your lawyer will ensure you get the settlement you deserve, not the one Fred Loya wants you to accept. It does not matter if you were in a car wreck in Austin or a truck accident in Fort Worth – Thompson Law can help.
Fred Loya Insurance has garnered a variety of opinions from consumers, ranging from some satisfied policyholders to those who have faced many challenges with claims and customer service. Below is a summary of reviews from various reputable sites:
Fred Loya has a very bad reputation among injury attorneys in dealing with personal injury claims. Injury victims that try to handle their claims without an attorney often find themselves encountering common Fred Loya insurance adjuster tricks and tactics, such as those below.
When dealing with Fred Loya insurance claims, it is crucial to be aware of common tricks and tactics used by their insurance adjusters to minimize or deny your claim:
Insurance adjusters often present a quick settlement offer soon after an accident. These offers might seem tempting, especially when you’re dealing with immediate expenses. However, they often fall short of covering the full extent of your damages, including ongoing medical treatments and long-term effects.
Adjusters might argue that your injuries are not as severe as claimed, or that they were pre-existing before the crash. They could use medical records or seek opinions from their preferred doctors to contest the severity of your injuries, aiming to reduce the compensation amount.
Prolonged delays in processing claims are a common strategy used to frustrate claimants into accepting lower settlements. Adjusters may repeatedly request additional documentation or take a long time to respond to inquiries.
Adjusters often ask for recorded statements. While this might seem like a routine procedure, they can use your words against you to devalue your claim. It’s best to consult with an attorney before providing any recorded statements.
Insurance companies frequently deny liability, dispute liability, or claim that you were partly at fault for the accident. By doing so, they aim to reduce the amount they need to pay or even dismiss your claim entirely.
Sometimes, adjusters may misrepresent or downplay the terms of your policy. They might assert that certain damages or losses aren’t covered, even when they are. Thoroughly reviewing your policy or getting an expert opinion can help counteract this tactic.
Adjusters might pressure you to settle your claim quickly, especially if they suspect that the full extent of your damages hasn’t yet emerged. Accepting a quick settlement foregoes your right to seek further compensation later on.
A common tactic involves offering settlements that are significantly lower than what you are entitled to. The adjuster might claim that the offer is fair based on their “evaluation” of the damages, aiming to make you question the true value of your claim.
Being aware of these tricks and tactics is the first step in protecting your rights. Having an experienced attorney on your side can help you navigate the complexities and avoid falling prey to these strategies, ensuring you receive the compensation you deserve.
In your injury claim against Fred Loya Insurance, their representatives will do everything they can to reduce your offer. After all, an insurance company that covers high-risk drivers at a low rate doesn’t profit by paying out generous claims.
With Fred Loya Insurance, the coverage is often minimal, and the drivers aren’t always cooperative, even with their own adjusters. As you might expect, high-risk drivers can exhibit irresponsible behavior after an accident, fearing the consequences and avoiding accountability.
At Thompson Law, we understand how frustrating these issues can be. We have years of experience dealing with Fred Loya insurance claims, and we know their tactics backward and forward. We can help you navigate the challenges ahead so you and your family can recover compensation for medical bills, damaged property, and more.
We offer the following services:
Call us today for a free consultation so we can discuss your legal rights and options. A personal injury lawyer can help you deal with Fred Loya insurance claims adjusters, negotiate a fair settlement, and understand your legal rights. Remember, we do not collect compensation unless you do, and your consultation is FREE.
You can file a claim with Fred Loya Insurance by contacting them through the following methods:
Phone:
Online:
Mail:
Fred Loya Insurance
P.O. Box 70000
El Paso, TX 79980-0001
If you are not getting the service you require when dealing with Fred Loya Insurance after a car wreck, you may need a lawyer for Fred Loya claims that has extensive experience dealing with Fred Loya Insurance.
Processing personal injury claims with Fred Loya Insurance can be particularly challenging and time-consuming. Due to their focus on minimizing payouts, Fred Loya Insurance often takes longer to settle these claims. It is not uncommon for personal injury claims to take several months to over a year to be resolved, depending on the complexity of the case and the extent of the injuries involved. The personal injury claims process can include multiple stages such as medical evaluations, negotiations, and possibly even litigation if a fair settlement cannot be reached through negotiation alone.
When it comes to property damage claims, the timeline is generally shorter but still not fast. Typically, these claims can take anywhere from a few weeks to several months, depending on factors such as the extent of the damage, the cooperation of the involved parties, and the accuracy of the submitted documentation. While Fred Loya Insurance provides digital and mobile app options for filing claims, which can expedite the initial reporting process, the subsequent steps involving estimates, repairs, and settlements can still drag on.
In both types of claims, having a personal injury lawyer can significantly impact the speed and outcome of the settlement process, ensuring that your case is given the attention and thoroughness it deserves.
When dealing with Fred Loya Insurance, you usually have the option to choose your own repair shop. However, it’s essential to be aware of the potential implications. Fred Loya Insurance has a network of preferred repair shops, such as Caliber Collision or Crash Champions (formerly Service King), that they recommend to policyholders. Choosing one of these shops might streamline the claims process since these facilities likely have established relationships and agreements with the insurer. They are also familiar with Fred Loya’s specific requirements and processes, which can expedite repairs and claim settlements.
On the other hand, opting for a repair shop outside of Fred Loya’s network is your right, but it could come with additional scrutiny and possibly longer processing times. Non-network shops might not be as well-versed in Fred Loya’s claims handling procedures, potentially leading to delays. Additionally, Fred Loya may require an independent inspection of the repairs, which could further extend the timeline.
Ultimately, the choice is yours. We recommend consulting with your personal injury lawyer to ensure the decision aligns with your best interests and does not hinder the settlement process. A lawyer can provide valuable advice on the implications of using either a preferred or independent repair shop, helping you navigate the repair and claims process more smoothly.
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Thompson Law charges NO FEES unless we obtain a settlement for your case. We have put over $1.9 billion in cash settlements into our clients’ pockets.
Contact us today for a free, no obligation consultation to discuss your accident, get answers to your questions, and understand your legal options. State law limits the time you have to file a claim after an injury accident, so call today.
