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.
Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...
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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 average American pays $2,671 per year for full coverage car insurance, according to Bankrate. But with insurance rates climbing 12% from a year ago and tariffs threatening to push them higher, ...
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 ...
After two years of increases to annual insurance premiums, rates have fallen for the first time in 2025. Based on analysis of more than 197 million rates from partner insurers, an Insurify report has ...
Fury as California car insurance rates skyrocket as millions get shock bills: ‘Its tough to stomach’
In a state already notorious for punishingly high housing, gas and grocery costs, residents are now being hit with rate hikes topping 30% in just a few years — even if they haven’t had a single ...
Car insurance rates continued to fall in September. The national average rate for full-coverage car insurance dipped from $184 per month to $182 per month, according to Insurify data. The national ...
Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
Kentucky, Rhode Island and Arkansas saw a decrease of more than 3 percentage points in the rate of uninsured drivers from ...
Several forces are driving the higher rates. They include sharply rising prices for new cars and auto parts, which is being driven by inflation and exacerbated by President Trump’s tariffs, as well as ...
State Farm scored 3.9 out of 5 stars in our analysis of car insurance companies. It offers lower-than-average rates and especially good deals for bundling and young drivers. The company has high ...
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