State Farm Policy Holders

[stevej37]

State Farm is distributing $5 billion to it's customers
Customers can expect to receive refunds of $100/car on average. Article doesn't state when....but I heard that it's supposed to be this summer.
Three cars here...will be enough to buy some gas after the price goes up.

https://finance.yahoo.com/news/state-farm-5-billion-payout-132837283.html

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[rwest]

Well good thing my home insurance keeps going up by hundreds each year so they can give me a small portion back!

[stevej37]

^^^
I'm a State Farm fan. When I had my bike/car accident, SF paid for everything...including a new bike of my choice. The hospital bill was large because they put a rod in from my hip to knee. (fractured femur)

I doubt they will pay me $100 for my Carrera....my monthly on that car is only $7 (just enough to plate it with historic plate and drive it)

[LEAKYSEALS951]

I've got 6 cars under SF.
And I'm holding you to it

[stevej37]

^^^ If it doesn't come through....Call Jake from State Farm.

[cabmandone]

Woo Hooo! Right now I have four. They coulda done this a few years ago when I had six!

[stevej37]

^^^ I think SF did something similar around 6? years back.
I remember when I received my check that it wasn't as much as I expected. I asked my agent and he said it was because I had the bare minimum of coverage on two of the four cars.

[monoflo]

Raising my home owners 700.00 in May.
I never made a claim and they are no longer insuring any of my property,

[stevej37]

^^^ Is that State Farm?
I have them for my homeowners insurance and it's stayed steady the last few years. Of course where a person lives makes a difference.

[red 928]

Be careful dealing with state farm,
Not long after Jake from state farm started working for them his appearance changed so much his own mother wouldn't recognize him!

[stevej37]

^^^ He's a bartender in Normal, IL now.

[red 928]

and wide awake.

[rwest]

Does anyone have a problem with me taking 4 billion and the rest of you splitting the last billion? I promise to spend it wisely.

[stevej37]

^^^ No problem....Dad.

[t6dpilot]

I just signed up with SF after being with Geico for many years. The carrier policy I had with Geico for homeowners raised my replacement cost almost double from its value the previous year. And that is what drives a major portion of the premiums. They would not lower it and competing quotes weren't much lower. Bye Bye Geico. SF was still higher than my previous policy's replacement cost, but much more reasonable. Insurance cost has gotten out of hand.