Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
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.
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 payout follows stronger-than-expected financial results in 2025, when the insurer collected more in premiums than it paid ...
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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.
After two years of increases to annual insurance premiums, rates have fallen for the first time in 2025. Based on analysis of more than 197 million rates from partner insurers, an Insurify report has ...
Gov. JB Pritzker is pushing for an insurance bill to reduce homeowners insurance costs in Illinois, while State Rep. Sharon ...
Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...
State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower ...
Several forces are driving the higher rates. They include sharply rising prices for new cars and auto parts, which is being driven by inflation and exacerbated by President Trump’s tariffs, as well as ...
USAA membership is limited to active-military, veterans and eligible family members. In Florida, it serves approximately ...
Atlanta News First on MSN
Georgia lawmakers seek to reduce insurance rates and increase accountability
With the current proposals, they hope to build on last year’s tort reform measures.
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