Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
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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.
The payments, to be made this summer, will average about $100 per vehicle for qualifying State Farm auto customers.
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 ...
State Farm is announcing the largest dividend in company history, a $5 billion giveback to auto policyholders. CEO Jon Farney told reporters the dividend works out to an average of $100 per vehicle ...
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