State Farm auto refunds

1,355 Views | 5 Replies | Last: 3 days ago by TXTransplant
TXTransplant
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https://www.foxbusiness.com/lifestyle/state-farm-announces-refund-car-insurance-customers.amp

$5 billion in dividends back to "shareholders". Average of $100 per car. Will vary by state.

Anyone received a check or seen their rates drop significantly?

I keep getting notices that my account is changing and their billing practices are changing, but my next premium renewal isn't due until April, so I have seen an actual $ amount, yet. Part of the changes is they won't be sending out renewal notices/bills until 19 days before the renewal is due.
I Am A Critic
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What did your agent say when you asked them?
Username checks out.
coolerguy12
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AG
I got a check for $21 for 3 cars and my house.
Burnsey
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AG
Hey folks, I've been a State Farm policy holder for 30+ years. I've been through this many times over the years. The dividend announcement was made this week, so it will take several months before the checks are sent. Stay tuned.
atmtws
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AG
Still doesnt affect their sky rocketing rates in Texas. Switched to Ag Workers (Aggie Owned) last year and have never been happier.
TXTransplant
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Looks like my auto policy renewal is about $145 less than it was 6 months ago.

I had forgotten I also got a $76 refund check in December, too.

Good to finally get a little relief.
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