Posted at 1:51 p.m., Thursday, March 1, 2007
Hawaii State Farm customers to share in $13M payout
Advertiser Staff
Hawai'i drivers who receive their automobile insurance through State Farm Mutual Automobile Insurance Co., can expect to receive a check from the company as it gives out $13 million to policy holders.The company, which is owned by its policyholders, said Hawai'i customers will receive 25 percent of their semi-annual premium. Amounts will vary, with the average dividend being about $100 per vehicle, State Farm said in a news release.
The checks totaling more than $15 will be sent out beginning in April. People receiving less than $15 will have the amount credited to their policy renewal.
The payout is part of a record $1.25 billion the Bloomington, Illinois-based company is giving out to its automotive customers.
