WSJ News Exclusive | Largest U.S. Car Insurer State Farm Rolls Out $2 Billion Consumer Financial Relief Program

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The nation’s biggest car insurer, State Farm Mutual Automobile Insurance Co., is slashing $2 billion of premiums owed on 40 million vehicles, making it the latest carrier to offer consumers a financial-relief program as auto claims have plunged under shelter-at-home restrictions.

State Farm’s total brings the amount pledged by the top 10 sellers of personal car insurance to more than $7 billion as U.S. carriers are beginning to see a financial windfall tied to Americans driving less to help fight Covid-19, the disease caused…