State Farm announced the largest dividend payout to policyholders in the company's history. Here's who is eligible for a ...

Good news for drivers: State Farm will refund $5 billion to its car insurance customers, paying out an average of $100 per vehicle as part of the largest dividend in company history.

Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.

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.

Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.

The payments, to be made this summer, will average about $100 per vehicle for qualifying State Farm auto customers.

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

State Farm is paying back $5 billion to its auto insurance customers thanks to financial successes in a year that also had its share of controversy ...