When insurance policyholders, like those under Fred Loya Insurance, get into car accidents, they often feel confident that their insurance plan will provide coverage for the damages that they had endured. In most cases, they expect their insurance coverage plans to cover everything from property damage to their vehicles to personal injuries suffered by accident. However, many who file these claims often are left in the dark by how much their insurance company will offer them in their injury settlement claim. In some cases, the settlement they may offer could be higher or may even be lower than what you expected. For this reason, it is important to have a skilled attorney on your side to advise you on the settlement process and to help you fight for a more suitable offer if the first offer isn’t good enough. At Normandie Law Firm our experienced attorneys can guide you through the often arduous process of determining how much your settlement is worth, how long it will take to receive, the settlement, and negotiate with an insurance claims adjuster. If you have any questions after reading this article, please feel free to reach out to our law offices for a free consultation by one of our skilled legal associates.
Fred Loya Insurance Company
Based out of Texas, Fred Loya Insurance Company employs over 5,200 people and has offices scattered throughout Alabama, Arizona, California, Colorado, Georgia, Illinois, Indiana, Missouri, New Mexico, Nevada, and Ohio. Founded by a Hispanic cattle range in 1974, the company has gone on to be the 18th largest Latino-owned company in America, with over 361 agencies scattered across the country. Fred Loya Insurance Company locations are typically located in shopping centers, at grocery stores, on street corners, and in office buildings. Some of the more well-known locations include:
- Wal-Mart Super Stores
- Fiesta Marts
- Big 8 Food Source Stores
- Liborio Supermarkets
- Fiesta Whole Foods
- Superior
- Cardenas
The company also provides a wide variety of insurance coverage plans beyond the standard auto insurance, covering things like bicycle accidents, boating accidents, motorcycle accidents, pedestrian accidents, truck accidents, and wrongful death accidents. Unfortunately, though, Fred Loya Insurance company is still a business and will operate like one, as they will do their best to pay as little money as possible to cover your damages. If you do feel as though you have been mistreated, a skilled attorney can help negotiate your claim with the insurance claims adjuster and can advise you along the way on how best to get the most out of your Fred Loya insurance settlement claim.
Potential Settlement Offers from Fred Loya Auto Accident Insurance
When a car accident occurs the drivers and passengers can experience a wide range of injuries and damages. For this reason, it is important to have adequate auto accident insurance. Those who experience these accidents often ask our attorneys a variety of questions regarding how much money they can receive for their accident claim. Some of these frequently asked questions are listed as follows:
- What is the average Fred Loya settlement offer after an auto accident?
- How long does it take to receive the settlement amount offered by Fred Loya Insurance?
- Is there some form of Fred Loya settlement calculator that can help determine the amount I will receive?
For starters, the amount that you can receive for your Fred Loya accident injury settlement depends on some factors that tend to vary significantly between each case. For this reason determining an average Fred Loya, the settlement amount is somewhat challenging. While our attorneys can calculate an average based on the cases we’ve handled there is no guarantee that this average will apply to you and your case. The largest factor that influences the potential value of a Fred Loya insurance settlement are the damages that you received. For example, someone who experienced a severe auto collision that resulted in a herniated disc or bone fracture will receive a far higher offer than someone who experienced minor to no damage from a rear-end auto collision. That is not to say that calculating a potential value for your settlement is impossible, however. The best way to calculate your potential insurance settlement is with the help of an attorney experienced in dealing with Fred Loya insurance claims adjusters.
To answer the second frequently asked question, there are specific guidelines put in place by state law that dictate how long an injured party should have to wait for their settlement claim. California state law dictates that insurance companies must acknowledge all claims within 15 days of being filed. These companies are then expected to accept or deny the claim within 40 days after receiving proof of the claim. If the insurance company accepts the claim, that claim must be paid to the injured party within 30 days from the date the settlement was reached.
As previously stated, determining how much Fred Loya offers for auto accidents depends on the damages that you have received. One of the questions listed above, mentions a Fred Loya settlement calculator. While this would be a more efficient alternative, a calculator would be far from accurate as there isn’t a universal value for specific damages. Like previously mentioned, the best way to figure out how much Fred Loya will offer for a car accident is under the advisement of an attorney, and a meeting with a Fred Loya claims adjuster.
In most cases, Fred Loya auto insurance claim would cover damages caused to your vehicle. However, a more comprehensive plan could cover medical expenses as well as any further pain and suffering that you have had to endure as a result of your accident. Property damages, medical expenses, and a loss of wages all play into how much Fred Loya might offer, and as an insurance policyholder, you have every right to negotiate with your insurance claims adjuster to receive an offer more suitable for your damages.
To help you get an idea of what kind of settlement offer you can expect to receive from Fred Loya, we’ve compiled a list of some hypothetical sample settlements from other Fred Loya auto insurance companies. These sample settlements of what Fred Loya Insurance might pay are listed below for your reference:
- If you suffered minor injuries, such as sprains or soft tissue damage, and suffered minor damage to your vehicle, Fred Loya may pay between $10-20,000 for your damages.
- If your damages were more severe, such as whiplash or chronic back pain, and resulted in the need for physical therapy Fred Loya may pay significantly more, ranging from anywhere between $30,000-$50,000
- If your damages involved intensive surgery or permanent nerve damage the amount, Fred Loya might pay you can increase significantly. Depending on the type of damages suffered, your settlement could be anywhere from $75,000-$100,000
How Normandie Law Firm Can Help
Insurance companies like Fred Loya Insurance Company may appear to have your best interest in mind, however, are still businesses and will try and pay as little as possible in insurance settlements. For this reason, it is incredibly important to have a skilled attorney on your side to advise you during the process, and to offer representation if you need to dispute your first offer. At Normandie Law Firm our experienced attorneys can guide you through the process of earning the compensation you deserve for your damages. Those who file a claim through our law firm could find some, if not all of the following damages compensable to them:
- Past and Future Medical Bills
- Loss of Wages
- Loss of Potential Future Wages
- Pain and Suffering
- Emotional Distress (depression, anxiety, PTSD, etc…)
- Punitive Damages
Victims of auto accidents that are seeking proper compensation for their damages through their Infinity Insurance coverage plan can contact our law offices to receive further information. While our attorneys are based in Los Angeles, they also practice in San Diego, Orange County, Riverside, Bakersfield, San Francisco, Fresno, Sacramento and throughout the state of California.
Free Second Opinions
Other attorneys will sign you up to their firm but will disappear once your name is on the paper as they are busy signing up more cases. In these instances, their business is based more on volume and will attempt to sign up as many cases as possible. In turn, they will spend less time on cases resulting in severely reduced settlements. Our firm will not treat you like a number. We will be in communication with you throughout our lawsuit and will treat you like family. So if you already have an attorney don’t worry, we’ll give you a second review of your case 100% free of charge.
Zero Fee Guarantee-No Upfront Fees Ever
If you contact our law offices today, we can walk you through the complicated process of filing your claim completely free of charge. As a show this commitment to you and your case we offer our clients the benefits of a zero fee guarantee policy. Under our zero fee policy, all clients don’t pay for our services until their case is won. If you feel in need of a second opinion, second opinion case reviews are also free under this policy. Please, feel free to give us a call, and we can guide you down the path of receiving proper compensation for your damages.
