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 ...
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 ...
Car insurance rates fell slightly in November. The national average rate for full-coverage car insurance dipped from $180 per month to $179, according to Insurify data. The national average liability ...
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 ...
The payout follows stronger-than-expected financial results in 2025, when the insurer collected more in premiums than it paid ...
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.
State Farm Mutual will return $5 billion in cash to auto policyholders through a one-time dividend this summer. The payout follows recent rate redu ...
Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.
Homeownership has long been a key tenet of the American dream. But for many Americans, it’s a milestone that’s increasingly difficult to achieve. Over the past decade, home prices have nearly doubled, ...
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 ...