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4. Fair Value Measurements (Details) - USD ($) | Jun. 30, 2019 | Dec. 31, 2018
--- | --- | ---
U.S. Treasury securities and obligations of U.S. government corporations and agencies | $ 8,377,086 | $ 8,220,381
Political subdivisions of states, territories and possessions | 5,843,061 | 6,341,608
Corporate and other bonds industrial and miscellaneous | 130,103,544 | 115,750,293
Residential mortgage and other asset backed securities | 20,011,178 | 21,465,234
Total fixed maturities | 164,334,869 | 151,777,516
Equity securities | 22,738,950 | 16,572,616
Total investments | 187,073,819 | 168,350,132
Level 1 |  |
U.S. Treasury securities and obligations of U.S. government corporations and agencies | 8,377,086 | 8,220,381
Political subdivisions of states, territories and possessions | 0 | 0
Corporate and other bonds industrial and miscellaneous | 126,359,225 | 112,076,270
Residential mortgage and other asset backed securities | 0 | 0
Total fixed maturities | 134,736,311 | 120,296,651
Equity securities | 22,738,950 | 16,572,616
Total investments | 157,475,261 | 136,869,267
Level 2 |  |
U.S. Treasury securities and obligations of U.S. government corporations and agencies | 0 | 0
Political subdivisions of states, territories and possessions | 5,843,061 | 6,341,608
Corporate and other bonds industrial and miscellaneous | 3,744,319 | 3,674,023
Residential mortgage and other asset backed securities | 20,011,178 | 21,465,234
Total fixed maturities | 29,598,558 | 31,480,865
Equity securities | 0 | 0
Total investments | 29,598,558 | 31,480,865
Level 3 |  |
U.S. Treasury securities and obligations of U.S. government corporations and agencies | 0 | 0
Political subdivisions of states, territories and possessions | 0 | 0
Corporate and other bonds industrial and miscellaneous | 0 | 0
Residential mortgage and other asset backed securities | 0 | 0
Total fixed maturities | 0 | 0
Equity securities | 0 | 0
Total investments | $ 0 | $ 0

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