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v3.20.1

4. Fair Value Measurements (Details) - USD ($) | Dec. 31, 2019 | Dec. 31, 2018
--- | --- | ---
U.S. Treasury securities and obligations of U.S. government corporations and agencies | $ 7,061,100 | $ 8,220,381
Political subdivisions of States, Territories and Possessions | 9,321,812 | 6,341,608
Corporate and other bonds industrial and miscellaneous | 125,622,039 | 115,750,293
Residential mortgage backed securities | 26,231,230 | 21,465,234
Total fixed maturities | 168,236,181 | 151,777,516
Equity investments | 24,661,382 | 16,572,616
Total investments | 192,897,563 | 168,350,132
Level 1 |  |
U.S. Treasury securities and obligations of U.S. government corporations and agencies | 7,061,100 | 8,220,381
Political subdivisions of States, Territories and Possessions | 0 | 0
Corporate and other bonds industrial and miscellaneous | 123,010,772 | 112,076,270
Residential mortgage backed securities | 0 | 0
Total fixed maturities | 130,071,872 | 120,296,651
Equity investments | 24,661,382 | 16,572,616
Total investments | 154,733,254 | 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 | 9,321,812 | 6,341,608
Corporate and other bonds industrial and miscellaneous | 2,611,267 | 3,674,023
Residential mortgage backed securities | 26,231,230 | 21,465,234
Total fixed maturities | 38,164,309 | 31,480,865
Equity investments | 0 | 0
Total investments | 38,164,309 | 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 backed securities | 0 | 0
Total fixed maturities | 0 | 0
Equity investments | 0 | 0
Total investments | $ 0 | $ 0

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