State Farm Mutual announced it will distribute $5 billion dividend to customers across 49 million vehicles due to lower collision rates and reduced auto repair costs.

Back in February, State Farm announced it had set aside $5 billion to pay a dividend to its car insurance policyholders. A reader recently contacted ConsumerAffairs saying they had not received a ...

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State Farm Mutual will issue about $5 billion in dividends to its auto insurance customers, the largest payout in its history, the company said Thursday. The historic amount is a result of “State Farm ...

State Farm Mutual will return $5 billion in cash to auto policyholders through a one-time dividend this summer. The payout follows recent rate reductions in 40 states that are already saving customers ...

AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa+” (Superior) of State Farm Mutual Automobile Insurance Company ...

Insurance rates for homes and cars have been soaring since the pandemic, but one insurance company is refunding some customers for those high premiums. State Farm announced recently that it will be ...

Our team looked at over 100 of the top auto insurance providers in the U.S., from national providers like USAA, Travelers and State Farm to regional providers like Erie Insurance. 8,500 Data Points ...

State Farm is getting in on Florida’s auto insurance rate-cutting action. In a news release on Thursday, State Farm said its latest rate cut would bring down premiums for its customers by an average ...

AM Best has downgraded the Financial Strength Rating (FSR) to A+ (Superior) from A++ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) to “aa” (Superior) from “aa+” (Superior) of ...