Roderick C. Lopez | February 22, 2025 | Personal Injury
Fred Loya Insurance is known for providing insurance for “high-risk” drivers. These drivers may have been involved in multiple accidents in the past or have other issues on their driving record. In fact, they are likely considered uninsurable by many other insurance companies.
If you need to file a claim with Fred Loya Insurance, or the Loya Insurance Group, you could be in for quite the headache. Due to the types of drivers they insure, getting them to process and pay your claim can often be extremely difficult.
What Types of Drivers Are Covered by Fred Loya Insurance?
Fred Loya Insurance covers many types of drivers in Laredo that are considered high risk. Some common reasons why these drivers may be classified this way include:
- Multiple accidents on their record
- Previous DUI charges or convictions
- Bad credit
- Multiple tickets or citations
- Previous lapses in insurance coverage
- Inexperienced or teen drivers
- Living in a high-risk area
Fred Loya Insurance boasts about the fact that they offer affordable coverage to these high-risk drivers. However, their tactics might not always be on the up and up. In fact, they have previously been fined by the Texas Department of Insurance for deceptive practices.
Whether you are covered by Fred Loya Insurance or have been in an accident with another driver who has this coverage, the claims process may not be easy. Keep reading to learn more about what you may have to deal with.
What Are Common Tactics Used by Fred Loya Insurance?
Fred Loya Insurance is known to use a variety of tactics to avoid paying your claim. Some of the most common tactics they use are:
- Downplaying Your Injuries: The adjuster will often try to minimize or downplay the extent of your injuries. This can lead to a settlement offer that is much lower than what your case is actually worth.
- Disputing Liability: A common method used to avoid paying claims altogether is disputing liability. They will often argue that their insured driver was not responsible for the accident. An experienced lawyer can help you gather the evidence needed to prove your claim in court.
- Delaying Your Compensation: In some cases, the insurance company may intentionally delay the processing and payment of your claim. They know that you have medical bills and other expenses waiting to be paid. By delaying your payment, they can often get you to accept a lower settlement because you need the money.
- Using Your Own Statements Against You: Remember that every time you talk to the insurance company, you are being recorded. Fred Loya Insurance may attempt to use any of your previous statements against you in an effort to avoid paying your claim. For this reason, never talk to the insurance company without your lawyer.
If you are going to get the compensation you truly deserve after your accident, you will likely need the help of an experienced lawyer. They can help you avoid these common tactics and hold Fred Loya Insurance responsible for the full value of your claim.
Reasons You May Need a Lawyer to Handle Fred Loya Insurance Claims
The time after a car accident is already difficult and stressful. You expect the insurance company to do the right thing and pay for your damages. Unfortunately, Fred Loya Insurance may not always watch out for your best interest.
Since this insurance company insures high-risk drivers, their coverage often has serious limitations. The coverage may not include uninsured motorist coverage, personal injury protection, or other important policy clauses. Because of this, you could find yourself in serious financial trouble after an accident.
An experienced personal injury lawyer can help you pursue your claim with Fred Loya Insurance. Some ways your lawyer can help you include:
- Assessing all your damages to put a proper valuation on your claim
- Handling all communications with Fred Loya Insurance adjusters
- Rejecting their lowball settlement offers
- Successfully negotiating a personal injury settlement that fairly compensates you for your injuries
- Filing a bad faith claim against the insurance company when they wrongfully delay your compensation
In some cases, you may be entitled to pursue legal action against Fred Loya Insurance when they improperly handle your claim. This could entitle you to all your original damages, attorney’s fees, and punitive damages. If you have been involved in an accident and Fred Loya Insurance is involved, go ahead and call a personal injury lawyer right away who can help you.
Contact the Laredo Personal Injury Attorneys at Roderick C. Lopez Personal Injury Lawyers. Call Us at (956) 529-7336
If you were injured in an accident in Laredo, TX, and need legal help, contact our Laredo personal injury lawyers at Roderick C. Lopez Personal Injury Lawyers to schedule a free case review today.
We are located in Laredo, TX, proudly serving Webb County and surrounding areas. We are located in Laredo, Texas.
Roderick C. Lopez Personal Injury Lawyers
6557 Metro Court, Suite 1 Laredo, TX 78041
(956) 529-7336
