State Farm, insurance dividends
Digest more
State Farm, the nation's largest auto insurer, is lowering insurance rates and issuing an average dividend of $100 per vehicle to policyholders.
State Farm Mutual Automobile Insurance Company has announced a $5 billion policyholder dividend for its auto customers, marking the largest distribution in the company’s history. The move follows recent rate reductions that the carrier says are already delivering $4.6 billion in annual premium savings across multiple states.
State Farm’s $5 billion dividend payout will soon provide financial relief to millions of auto insurance policyholders, but receiving the funds depends on individual policy status and state-level regulatory approvals.