KANSAS CITY, Mo. (KCTV) – Have you checked your mailbox, or your inbox, lately? There may be a surprise waiting for you.
State Farm Mutual Automobile Insurance Company announced it started sending out a $5 billion cash-back dividend to millions of policyholders. State Farm said it is possible because is a “mutual” insurance company. That means it is owned by its policyholders, not stockholders.
Here’s everything you need to know about the payout, who qualifies and when you can expect to get paid…