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4. Fair Value Measurements (Details) - USD ($)
Sep. 30, 2019
Dec. 31, 2018
U.S. Treasury securities and obligations of U.S. government corporations and agencies $ 8,399,552 $ 8,220,381
Political subdivisions of states, territories and possessions 5,850,005 6,341,608
Corporate and other bonds industrial and miscellaneous 130,268,794 115,750,293
Residential mortgage and other asset backed securities 21,702,361 21,465,234
Total fixed maturities 166,220,712 151,777,516
Equity securities 23,499,199 16,572,616
Total investments 189,719,911 168,350,132
Level 1    
U.S. Treasury securities and obligations of U.S. government corporations and agencies 8,399,552 8,220,381
Political subdivisions of states, territories and possessions 0 0
Corporate and other bonds industrial and miscellaneous 127,148,873 112,076,270
Residential mortgage and other asset backed securities 0 0
Total fixed maturities 135,548,425 120,296,651
Equity securities 23,499,199 16,572,616
Total investments 159,047,624 136,869,267
Level 2    
U.S. Treasury securities and obligations of U.S. government corporations and agencies 0 0
Political subdivisions of states, territories and possessions 5,850,005 6,341,608
Corporate and other bonds industrial and miscellaneous 3,119,921 3,674,023
Residential mortgage and other asset backed securities 21,702,361 21,465,234
Total fixed maturities 30,672,287 31,480,865
Equity securities 0 0
Total investments 30,672,287 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