Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
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State Farm announces $5 billion dividend; $100 average refund coming to car insurance customers
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.
State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower ...
State Farm Mutual announced its largest dividend in company history on Thursday.
State Farm Mutual will return $5 billion in cash to auto policyholders through a one-time dividend this summer. The payout follows recent rate redu ...
The payments, to be made this summer, will average about $100 per vehicle for qualifying State Farm auto customers.
Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
The insurance company said "positive performance" in the auto business led State Farm Mutual Automobile Insurance Company to issue out the dividends.
In October, Florida Gov. Ron DeSantis said state regulators secured nearly $1 billion in premium refunds for Progressive auto insurance policyholders in the state. The money came from savings gained ...
Auto insurance refunds are rolling out as insurers adjust rates after Florida reforms reduced lawsuit costs and lowered ...
Many Florida drivers with Progressive car insurance are starting to see surprise refunds or credits on their policies after the company made more profit than state rules allow. The average rebate is ...
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