State Farm Mutual Automobile Insurance announced last month that it had begun issuing payments of a $5 billion dividend to qualifying customers – the largest in the company's 100-plus-year history.
State Farm announced the dividend payouts
in February. Policyholder dividends are returns of policyholder premiums, or payments, according to the International Risk Management Institute. These dividends result from income in excess of losses and expenses.State Farm did not clarify when payments would conclude. USA TODAY reached out to the company for more information on Aug. 18.
Here's what to know about the State Farm payouts.
How much money could State Farm auto customers get back?
The payments will average about $100 per vehicle, varying by state and premiums paid, State Farm said in a February news release.
Who is eligible for the $100 State Farm payment?
State Farm auto customers who had an active personal car insurance policy in 2025 will receive the payment, State Farm previously told USA TODAY. The insurance company said the dividend will be paid to owners of more than 49 million vehicles across its network.
Qualifying customers will be notified of their pending payout by email or letter, according to a July State Farm news release. Customers with questions may contact the Dividend Customer Contact Center at 1-888-808-9532 or visit sfdividend.com.
Greta Cross is a national trending reporter at USA TODAY. Story idea? Email her at gcross@usatoday.com.
This article originally appeared on USA TODAY: State Farm paying out $5 billion dividend. See who's eligible
