{"id":24225,"date":"2026-08-19T20:54:25","date_gmt":"2026-08-19T20:54:25","guid":{"rendered":"https:\/\/playball.com.ng\/?p=24225"},"modified":"2026-08-19T20:54:25","modified_gmt":"2026-08-19T20:54:25","slug":"who-is-eligible-for-state-farms-5b-auto-insurance-dividend","status":"publish","type":"post","link":"https:\/\/playball.com.ng\/?p=24225","title":{"rendered":"Who is eligible for State Farm\u2019s $5B auto insurance dividend?"},"content":{"rendered":"


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Check out what’s clicking on FoxBusiness.com.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

State Farm Mutual Automobile Insurance recently began distributing a record $5 billion dividend to qualifying auto insurance customers, marking the largest payout of its kind in the company’s more than 100-year history.<\/p>\n

Millions of customers have already received payments, with additional distributions on the way, State Farm said in a July 31 news release.\u00a0<\/p>\n

The dividend is being paid to eligible customers covering more than 49 million State Farm Mutual auto vehicles nationwide. \u00a0<\/p>\n

“Because the distribution covers more than 49 million auto vehicles, the payment process will take several months to be completed nationwide,” the company said.<\/p>\n

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Millions of customers have already received payments.<\/span> (Marcin Golba\/NurPhoto via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n

Each customer’s payment is calculated as a percentage of the premium paid for each qualifying policy in 2025.<\/p>\n

The percentage varies by state and ranges from 4% to 10%, according to State Farm.<\/p>\n

State Farm previously told USA Today that customers who had an active personal auto insurance policy in 2025 are eligible for the payment.<\/p>\n

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The dividend is being paid to eligible customers covering more than 49 million State Farm Mutual auto vehicles nationwide.<\/span> (Eric Thayer\/Bloomberg via Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n

The company said qualifying customers will be notified about a pending payment either by email or through a letter in the mail.<\/p>\n

Customers with an email address on file will get instructions to choose how they want to be paid.\u00a0<\/p>\n

Those without an email address on file will receive a check by mail.<\/p>\n

The insurer did not specify an exact date for when the payments would be completed.<\/p>\n

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The company said qualifying customers will be notified about a pending payment either by email or through a letter in the mail.<\/span> (Christoph Dernbach \/ Getty Images)<\/span><\/p>\n<\/div>\n<\/div>\n

State Farm initially unveiled plans for the $5 billion dividend in February.<\/p>\n

“This dividend is possible due to State Farm Mutual\u2019s financial strength and a stronger than expected underwriting performance, which has been reported industry wide,” State Farm said at the time.<\/p>\n

GET FOX BUSINESS ON THE GO BY CLICKING HERE<\/u><\/strong><\/p>\n

FOX Business reached out to State Farm for comment.<\/p>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"

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