Do you enjoy being ripped off and/or sued for thousands of dollars? If so sign right up, Fred Loya Insurance has a policy for you. I started and cancelled a policy in less than 24hrs when I realized they changed the proposed coverage we had discussed just a day prior to only $5000 worth of property damage at $205/month. Meaning if I total a car worth more than $5000 which is like 75% of cars in LA, I'm going to be getting sued for the remaining balance. $5000 isn't coverage it's a discount on a law suit. No biggie. I decided to cancel and go with State Farm instead. Instead of Fred Loya giving me a full refund for their less than 24 hours worth of coverage they decide to keep a $100 for their trouble. Really son? I could even wrap my head around a $50 cancellation fee, but what services did they provided to deserve to keep half of the money I paid for less than 24 hour worth of coverage. Do yourself a favor, pay the extra $20-30 bucks a month and get covered under a real insurance company. read more