The largest home and vehicle insurer in the United States, State Farm, has announced that it is expanding the insurance claim payouts options available through Digital Pay so that they can be instantly received in a policyholder’s PayPal account.
Digital Pay allows customers to have their claims reviewed, approved and paid online.
When filing through Digital Pay, policyholders have the opportunity to choose from among several payment methods for insurance claim payouts.
These transaction methods can include everything from a transfer to a bank account, to a debit card, or to any of several digital wallets including PayPal.
Customers who choose to be paid digitally will receive the funds they are owed nearly instantly.