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.
Axios

State Farm lowering auto rates and giving $100 per vehicle back to customers

State Farm, the nation's largest auto insurer, is lowering insurance rates and issuing an average dividend of $100 per ...

State Farm to issue $5 billion in auto insurance dividends — or about $100 per car

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

State Farm sending $5 billion back to car insurance policyholders

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 ...