State Farm Mutual Auto will soon begin issuing $136 million in dividends to Louisiana drivers. The carrier informed the Louisiana Department of Insurance that eligible customers will receive an email between early August and early September asking them to select …
State Farm Mutual Auto will soon begin issuing $136 million in dividends to Louisiana drivers.
The carrier informed the Louisiana Department of Insurance that eligible customers will receive an email between early August and early September asking them to select a payment method. Dividends apply to customers who had a State Farm private passenger auto voluntary preferred policy in force as of Dec. 31, 2025.
Customers who don’t have an email address on file will receive a check in the mail. Customers with more than one vehicle insured by State Farm may receive more than one dividend payment.
The payments to Louisiana drivers are part of State Farm’s $5 billion dividend to auto policyholders nationwide. State Farm said in February that the dividend was possible due to the carrier’s financial strength and a stronger than expected underwriting performance.
“Insurance companies base their rates on projections of how much they will collect in premiums and how much they will pay out in claims,” Louisiana Insurance Commissioner Tim Temple said. “When an insurance company takes in more money than anticipated and pays out less in claims, whether due to national trends, state-level reforms, or both, policyholders should benefit directly through lower premiums.”
Topics Louisiana Personal Auto
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