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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