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State Farm dividend checks are in the mail: See if you qualify for a payout

In this photo illustration, the State Farm Insurance logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) If you’re a State Farm Mutual Automobile Insurance Company auto insurance customer, you may have some money coming your way…

By Martin Johns1 min read

In this photo illustration, the State Farm Insurance logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images)

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If you’re a State Farm Mutual Automobile Insurance Company auto insurance customer, you may have some money coming your way as the company begins a one-time $5 billion cash-back dividend to qualifying customers.

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State Farm says the dividend is being distributed in waves to more than 49 million State Farm Mutual Automobile Insurance Company (State Farm Mutual) auto customers, and it's the largest dividend distribution in the company’s 100-plus-year history.

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The company says customer payments are based on a percentage of the premium paid for each qualifying policy in 2025, with percentages varying by state and ranging from 4% to 10%. State Farm will notify qualifying customers of their pending dividend payment by either email or letter with the process taking several months to be completed nationwide due to the millions of customers who qualify.

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"As a mutual company with a customer-first focus, State Farm Mutual is able to provide value directly to our customers while maintaining financial strength to keep our promises in the future. That translated this year to lower auto rates and…

Original source: https://www.livenowfox.com/money

Martin Johns

I am working as the content publisher and moderator for the website <a>Foxnews.com Breaking News</a>. You can read and provide your views about the news.

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