State Farm Mutual Automobile Insurance Co., the largest insurer of autos in the nation, recently announced its auto insurance policyholders in Kentucky will receive dividends totaling $19.6 million.
Kentucky policyholders will receive 10.4 percent of their semi-annual premium. Although the amounts will vary significantly, the average dividend per vehicle in Kentucky is $32. Dividend payments will begin in early April and will continue throughout the year. Policyholders can expect to receive their dividend near the time of their policy renewal. Most customers will receive their dividend by check.
Those policyholders receiving less than $15 will be credited the amount to their State Farm policy.