State Farm announces record $5 billion dividend; drivers to receive about $100 per vehicle

State Farm announced Thursday that it will issue a one‑time dividend this summer to qualifying policyholders across more than 49 million State Farm Mutual auto vehicles.

The company said the distribution is funded by “financial strength and stronger‑than‑expected underwriting performance reported across the industry.”

The dividend averages about $100 per vehicle. Payment amounts will vary by state and by premiums paid…

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