Good news for drivers: State Farm will refund $5 billion to its car insurance customers, paying out an average of $100 per vehicle as part of the largest dividend in company history.
Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
State Farm Mutual said it is giving $5 billion back to auto customers after receiving the largest dividend in company history ...
Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid.
Policyholders for more than 49 million vehicles would receive the payment because of "stronger than expected underwriting performance." ...
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State Farm announced its largest dividend in company history on Thursday, with the insurer issuing $5 billion in cash back to ...
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
The Bloomington insurance giant said it will pay $5 billion back to automobile insurance customers starting this summer.
State Farm says it’s giving $5 billion in cash back to its car insurance customers, which amounts to a $100 average refund for more than 49 million policies. Here’s what to know: ...