![]() €œI never looked back,†Fred said. “Maria and I worked seven days a week to get this thing going. We built a trust with our policyholders. I them my full attention, all of my energy, all of the time. Price got them in the door. Service kept them here.†15, 1985, Fred left Farmers Insurance and started the Fred Loya Insurance Agency. He believed he was ready to branch out on his own as an independent selling agent. Trust, as it turns out, quickly became a foundational point. On Aug.  I wanted to give the client a reason to cross the street,†he said. “They were going to the Northeast all the way from all over the county, the lower valley, Fabens and Tornillo. I asked them ‘What are you doing out here? This is a long ways to come for car insurance.’ They replied, ‘We heard about you and we want you to take care of us.’ And I did.†€œHowever, I had a good rapport with the. €œRegardless of what price was quoted, I could sell it,†Fred said.įred firmly believes a dedicated agent can bring clients from anywhere. He draws on a story where a policyholder left an agent because the agent moved across the street to a new location. Once Fred arrived at the office, he found out there were policyholders whose files hadn’t been serviced in a while. He also found out he was very good at selling insurance. I got a map, found out how to get to the Northeast, and went up there to meet my office partners on Rushing and Dyer.†€œIt didn’t make any difference to me where I was going to live,†Fred said. “ I arrived in El Paso in 1974. 17, 1974, Fred received his license to sell insurance. A Farmers district agent mentioned in passing there was an abandoned agency in Northeast El Paso. He asked the district agent if he could take over the agency. ![]() €œI wanted to do my service to the country. I got out right before Vietnam,†Fred said. “After that, Id have done my duty and I could go live in Mexico with a clear conscience. I went to live in Mexico and planned to live there all my life cattle ranching.â€Īround 1972, the price of cattle collapsed. The collapse altered the course of Fred’s business venture forever.īill Burr, who also was in the cattle business with Fred, convinced him to go work for Farmers Insurance in El Paso. On Dec. Head to Eastwood and Parkland and the Loya family has donated there as well. Furthermore, one can drive around the Eastside and quickly notice the marquee at the local YMCA on Trawood with the Loya name on it.Įver go to Santa Ana, Calif.? Chances are one would see the Loya name on the gym floor at Mater Dei High School, Fred’s alma mater. Charitable contributions from the Loya family was always going to happen it was just a matter of when and to whom.Īfter returning from his three-year mandatory service commitment in the Army, Fred went to live in Mexico and became a cattle rancher and buyer. Fred Loya Net Worth Over $500 million (Last Updated 2021) Employees Over 5,200 Twitter Account Instagram Account Website fredloya.Fred and Maria Loya’s imprints on the Hanks campus are visually evident. Attend one of the football games and a black covering for the track where the football players stand has the company’s logo on it. At the baseball field, the company’s logo is visible on the scoreboard. ![]() This company falls under the category of insurance agencies & brokers. Over 5,200 employees work for Fred Loya Insurance Agency, which earns over $500 million in revenue each year. Loya merged three claims centers in San Antonio in 2008. The company is the 18th biggest Latino-owned enterprise in the country.įred Loya, a Latino, owns the company and is based in El Paso, Texas. ![]() In 2016, there were 5,200 employees and 700 branches of this company in Arizona, Alabama, California, Georgia, Colorado, Illinois, New Mexico, Indiana, Nevada, Ohio as well as in Texas. Fred Loya Insurance is an insurance company based in Texas that provides Hispanic 500 car insurance.
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