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State Farm is sending $5 billion in dividend checks to customers. Here's who qualifies.
CBS News • • business
Key Points:
- State Farm is issuing its largest dividend ever, totaling $5 billion, to policyholders of 49 million vehicles, with over 7.2 million checks already mailed and 3.8 million more scheduled for distribution this week.
- Eligibility requires having an auto insurance policy with State Farm active between January 1 and December 31, 2025.
- Customers with an email on file will receive instructions via email to choose payment through digital methods like Zelle, Venmo, or PayPal, or by mail; those without an email will automatically receive a check.
- The average dividend refund is approximately $100 per vehicle, calculated as a percentage of the 2025 premium paid, varying by state from 4% to 10%.
- Payments are being sent in waves by state and will take several months to complete; customers can check details or ask questions at sfdividend.com or by calling 1-888-808-9532.
