Home insurance rates may be going through the roof, but State Farm has some good news for its auto insurance customers.

Good news for drivers: State Farm will refund $5 billion to its car insurance customers, paying out an average of $100 per vehicle as part of the largest dividend in company history.

Customers can expect to receive $100 refund on average, though State Farm says it will vary by state and by the amount of premium paid.

Auto insurance rates have surged because of high inflation and soaring vehicle repair costs in the car capital of the country ...

Refund amounts for State Farm customers will vary based on their place of residence and insurance premiums.