Commercial auto insurance protects vehicles used primarily for business activities by covering liability, vehicle damage, and related financial risks. While many assume that only registered businesses ...

Policyholders for more than 49 million vehicles would receive the payment because of "stronger than expected underwriting performance." ...

Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid.

The payments average $100 per vehicle, State Farm said in a statement. It’s the largest dividend in the company’s 103-year history.