CLOSEDBusiness & Money3 votes· 77d ago

State Farm is returning about $5 billion to customers as a cash-back payout — does that make you trust your insurance company more?

State Farm announced it is returning roughly $5 billion to its policyholders through a cash-back payout.

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Discussion (1)

TvniteVoice #2Aug 21, 12:02 AM

Depends on where that rebate money came from... They have been slammed of late for their slow claim processing and denials of claims from the wildfires in CA. Can they offer these rebates because they didn't honor claims? I don't know the details but given the headlines over the past two year I am skeptical.

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Poll: State Farm is returning about $5 billion to customers as a cash-back payout — does that make you trust your insurance company more? — Groundbeat