Insured with State Farm? They may owe you $100 or more

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Set us as preferred The insurance company State Farm has begun sending checks to millions of policyholders as part of the company’s largest-ever cash-back dividend.Eligible auto insurance customers will receive an average of $100 from the company.

Exact amounts depend on the state and the premium paid for each qualifying policy.More than 7 million checks have been mailed since the company began payments last month, with another 3.8 million scheduled to go out this week.

In total, the company will send checks to policyholders of 49 million vehicles.Business A proposed state law would allow insurers to track the habits of California drivers to get the cheapest insurance.The payments are not part of a class-action lawsuit or other wrongdoing by State Farm.

Instead, “this dividend is possible due to State Farm Mutual’s financial strength and a stronger than expected underwriting performance in 2025,” the company’s website said.Only auto policyholders will receive the cash as part of a $5-billion payout from the company.

“State Farm Mutual is able to provide value directly to our customers while maintaining financial strength to keep our promises in the future,” said State Farm President and Chief Executive Jon Farney in a statement.“That translated this year to lower auto rates and cash back in the form of a $5 billion policyholder dividend.” Business The California Department of Insurance is seeking to suspend State Farm’s license and fine it millions of dollars, alleging widespread mishandling of L.A.

wildfire claims.Customers with a private passenger auto policy in force at any point in 2025 are eligible.State Farm customers with an email registered with the company will receive email instructions on how to log into the dividend payment portal and select their method of payment.

Eligible customers with...