State Farm's $5 billion dividend payout is largest in company history: Who's eligible?

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State Farm Mutual Automobile Insurance Company is paying out the largest cash dividend in its more than 100-year history. The company says it will distribute the $5 billion in payments over the coming months to policyholders, covering more than 49 million vehicles.

The dividend is being paid to customers who held qualifying State Farm auto insurance policies in 2025 and whose calculated dividend amount is $10 or more.

You do not have to be currently insured by State Farm to receive the dividend payment.

Eligible customers may receive more than one check. State Farm says the dividend payments average $100 per vehicle but will vary by state and depend on the premium amounts a policyholder paid. Each dividend payment — for each vehicle — will be between 4% and 10% of the premium paid for each qualifying policy held in 2025.

Payments to policyholders vary by state because insurance rates also vary by location.

Qualifying customers who will receive the dividend payments are currently being notified. Customers with an email address on file with State Farm will be notified by email. Instructions will be included on how to log into an online payment portal to receive an electronic payment or to choose payment by check.

State Farm customers without a current email address on file will receive an automatic payment by mail.