employer cover photo
employer logo
employer logo

Loya Insuance Group

Is this your company?

Loya Insuance Group reviews

2.6

25% would recommend to a friend

(158 total reviews)

Fred Loya Jr

23% approve of CEO

23% positive business outlook

Reviews by job title

158 reviews

Reviews about "Compensation"

Return to all reviews
5.0
Oct 5, 2013
Recommend
CEO approval
Business Outlook

Pros

Bonus you make what you put your own potential to the company. Can grow with the company if you show the number. People can talk all they want but the numbers says everything. It is not hard to bonus at Fred Loya but the individual C.S.R does need to carry his or her own weight and for who ever said they need 10 to 12 apps with those number an office will never grow 14 is bare minimum and that is even low. 40 for the office divided by usually 3 people the manager, and the two other csr. I'ts a great company and management is realistic not compassionate its good to have this sort of management or else you get a bunch bratty kids not knowing where to start with the office and Fred Loya builds you as a manager so you can grow with the company. For my experience with FLI has been great and my office is ready to hit all our marks for the 4 dollar bonus.

Cons

>the claim department needs to get cleaned out and filtered out but one thing to remember people unfortunately there is a lot of fraud being committed everyday so this does not help<

3.0
Aug 9, 2013
Recommend
CEO approval
Business Outlook

Pros

-As a Csr you can make up to $16 an hr. -Base stays at $12 an hour. -You can bonus $2, $3, or $4 dollars, depending on office you are in. -Weekly pay every Friday. -Learn about how insurance works. -Direct Company. -You dress nice. -Paid training. -As a CSR you can earn as much as $600 a week (Gross) -Managers earn around $16 an hour (base) and up to $20, if bonus is $4 -Open inside Cardenas markets. -A lot of growth opportunity, specially if you have potential.

Cons

-Upset customers (very) -Monday thru Saturdays. -Rotating schedules. 9am to 4pm or 1pm to 7pm -No overtime. -You get surveyed. -You can easily loose your bonus $, if you make many errors. -3 write ups and you're out. -Endorsements suck, because at renewal they change premium. -Adjusters that suck (a lot) -Claims don't want to be paid out. -Have to make at least a sale a day. -$30 cancellation fee applies if you let policy cancel, and come back to open a new policy. -Monthly payments rarely decrease, usually stay the same. -Can't change due dates. -Highest limits are 25/50/25 (in CA). Which is pathetic. Medical is only $1k -To change an address you need a bill under your name. -To make changes you must step into office, can't do it over the phone. -Depending on office you are in you need to meet a monthly goal. 10 or 12 sales per CSR -Towing is only in case of an accident, not roadside assistance. -Push for so called 73's, which are people with Full Cover & have no tickets, which is dumb because out of 5 out of 10 people that walk into Fred Loya don't have licenses, the other 3 or 4 have 2 or more tickets and the remaining just have a liability car. .

Viewing 157 - 158 of 158 Reviews

Glassdoor has 471 Loya Insuance Group reviews submitted anonymously by Loya Insuance Group employees. Read employee reviews and ratings on Glassdoor to decide if Loya Insuance Group is right for you.