How are car insurance companies regulated?

"I recently acquired a motorcycle and i'm almost to purchase  insurance  but I'm abit puzzled"to pricey automobile  insurance  is method as being a small driver. Since I have generate a Mercedes many offer me at thousands of dollars per year. A lot more than what I can afford. I understand some states do not require car  insurance  if you're able to demonstrate you've the fiscal means to spend if you cause an accident