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.
Car insurance prices are expected to go up by an average of less than 1% in 2026. That's the smallest year-over-year increase since 2022, before high inflation caused car insurance rates to skyrocket ...
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State Farm to give auto customers refund from $5 billion dividend
State Farm to Give Auto Customers Refund from $5 Billion Dividend ...
The average American pays $2,677 per year for full coverage car insurance, according to Bankrate. But your personal costs depend heavily on where you live. In some states, average premiums top $4,000 ...
Just weeks after Gov. JB Pritzker called for action following State Farm’s 27.2% rate hike for homeowners insurance, some state lawmakers and officials said they are renewing efforts to address the ...
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
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