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.
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 ...