Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.

State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower ...

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.

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.

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

The payments, to be made this summer, will average about $100 per vehicle for qualifying State Farm auto customers.

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 Bloomington insurance giant said it will pay $5 billion back to automobile insurance customers starting this summer.