Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...

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.

Because each state sets its own regulations, the average cost of car insurance varies quite a bit. Floridians and Nevadans pay some of the highest rates, while Vermonters and Mainers enjoy some of the ...

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.

State Farm Mutual will return $5 billion in cash to auto policyholders through a one-time dividend this summer. The payout follows recent rate redu ...