5 Best Motorcycle Insurance Companies Heading into 2024

3. State Farm Insurance

Annual Revenue (2022): $89.30 Billion

State Farm Insurance ranks as one of the best motorcycle insurance companies heading into 2024. Based in Illinois, the company provides coverage for motorcycle insurance, car insurance, health insurance, property insurance, and life insurance. The company’s motorcycle insurance policy provides coverage for bodily injury, property damage, theft, and emergency expenses. The company also compensates for trip interruption and emergency roadside expenses. State Farm Insurance reported annual revenue worth $89.3 billion in 2022.