State Farm announced the largest dividend payout to policyholders in the company's history. Here's who is eligible for a ...
Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.
The payments, to be made this summer, will average about $100 per vehicle for qualifying State Farm auto customers.
The insurance company said "positive performance" in the auto business led State Farm Mutual Automobile Insurance Company to issue out the dividends.
In October, Florida Gov. Ron DeSantis said state regulators secured nearly $1 billion in premium refunds for Progressive auto insurance policyholders in the state. The money came from savings gained ...