State Farm to Offer $100 Average Refund to Car Insurance Customers

State Farm To Cut $5 Billion In Dividend Checks: What This Means For IL Residents

It's part of the largest dividend in company history, State Farm said.

State Farm announces refund for car insurance customers

State Farm announced Thursday that it will pay the largest dividend in company history to auto loan customers, who are in line to receive $5 billion in cash back.State Farm Mutual Automobile Insurance Company, also known as State Farm Mutual, said it will make a one-time distribution this summer to customers across over 49 million vehicles covered by State Farm Mutual auto policies.The company's dividend payments are expected to average $100 by …

State Farm auto customers could receive up to $100 one-time payment per vehicle

State Farm will pay $5 billion back to auto insurance customers through a cash dividend, starting this summer. It will make one-time payments averaging $100 per vehicle to qualifying customers, the Bloomington-based insurance giant said on Thursday in a news release.The dividend is due to “stronger than expected underwriting performance, which has been reported industry wide,” it said in a news release.It’s the largest dividend in State Farm’s h…

State Farm announces record $5 billion dividend; drivers to receive about $100 per vehicle

State Farm announced Thursday that it will issue a one‑time dividend this summer to qualifying policyholders across more than 49 million State Farm Mutual auto vehicles. The company said the distribution is funded by “financial strength and stronger‑than‑expected underwriting performance reported across the industry.” The dividend averages about $100 per vehicle. Payment amounts will vary [...]

State Farm to offer $100 average refund to car insurance customers

Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.