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State Farm to return $101M to Oklahoma auto policyholders

State Farm to return $101M to Oklahoma auto policyholders

Luke Reynolds by Luke Reynolds
March 2, 2026
in News
Reading Time: 1 min read
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OKLAHOMA CITY (OBV) — Insurance Commissioner Glen Mulready on Monday announced that State Farm will return more than $101 million to Oklahoma policyholders as part of a nationwide $5 billion dividend tied to stronger‑than‑expected auto insurance performance. The dividend applies to Private Passenger Auto Preferred policies in force as of Dec. 31, 2025, and reflects 10% of earned premium — an average of $112 per vehicle for nearly 1 million Oklahoma drivers.

“This is excellent news for Oklahoma policyholders,” Mulready said. “A dividend of this size demonstrates financial stability, responsible rate management, and a commitment to returning value to policyholders.”

The announcement follows two State Farm auto rate reductions last year. OID said customers with questions about eligibility should contact their agents or State Farm directly.

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