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  • Report:  #276530

Complaint Review: Fred Loya Insurance - Richardson Texas

Reported By:
- Garland, Texas,
Submitted:
Updated:

Fred Loya Insurance
FredLoyainsurance.com Richardson, Texas, U.S.A.
Web:
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Categories:
Tell us has your experience with this business or person been good? What's this?
Never Again! Fred Loya is a corrupt, crooked, lying, theiving company if there ever was one! I think Enron was more honest then these guys. We bought our insurance about a year ago and ever since then we have been told nothing but lies and empty promises.

I was 19 at the time that we got with Fred Loya. It was my father, my sister, and me. We walked in and where impressed with their "no down payment" and as "little as $49" a month. The lady was kind and took pictures of the cars. then came the paperwork.

We signed what seemed like a 20 pages. Then she said, "Ok, now I need the down payment." I ended up paying $500 to start (August 15) and then had to make the monthly payments of $371 (August 27). it all s****..


1 Updates & Rebuttals

Mother Angelica

San Antonio,
Texas,
U.S.A.
Exemployee

#2UPDATE EX-employee responds

Mon, October 01, 2007

Be thankful you don't have insurance with them anymore. I'm embarrassed to admit I worked there, where adjusters are forced to low ball claim payments so management can get their bonuses at the end of the year. That's unethical as well as illegal. Only a matter of time before the adjusters get busted; as well as the company. Am currently working with TX Dept of Ins for unfair claims practices. I have documentation, notes, as well as other exemployees willing to testify against them due to their unfair claims practices. Terrible, horrible company! I am so glad to be out of there; I love my job no. No stress & I can sleep at night.

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