08/31/2026
State Farm is providing a $5 Billion cash return to customer’s this year!
The payout was driven by underwriting performance that exceeded expectations across the entire industry, State Farm noted in its announcement.
Beyond the dividend, the insurer lowered auto rates in 40 states (including Florida) by an average of 10%, saving customers an estimated $4.6 billion per year.
“As a mutual company, State Farm is able to provide value directly to our customers while maintaining financial strength to keep our promises in the future,” said Jon Farney, State Farm's president and chief executive, in the announcement.”