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Fair Value Measurements (Details) - USD ($)
Jun. 30, 2020
Dec. 31, 2019
U.S. Treasury securities and obligations of U.S. government corporations and agencies $ 3,086,710 $ 7,061,100
Political subdivisions of states, territories and possessions 9,000,386 9,321,812
Corporate and other bonds industrial and miscellaneous 132,006,248 125,622,039
Residential mortgage and other asset backed securities 21,373,144 26,231,230
Total fixed maturities 165,466,488 168,236,181
Equity securities 22,705,709 24,661,382
Total investments 188,172,197 192,897,563
Level 1 [Member]    
U.S. Treasury securities and obligations of U.S. government corporations and agencies 3,086,710 7,061,100
Political subdivisions of states, territories and possessions 0 0
Corporate and other bonds industrial and miscellaneous 129,921,971 123,010,772
Residential mortgage and other asset backed securities 0 0
Total fixed maturities 133,008,681 130,071,872
Equity securities 22,705,709 24,661,382
Total investments 155,714,390 154,733,254
Level 2 [Member]    
U.S. Treasury securities and obligations of U.S. government corporations and agencies 0 0
Political subdivisions of states, territories and possessions 9,000,386 9,321,812
Corporate and other bonds industrial and miscellaneous 2,084,277 2,611,267
Residential mortgage and other asset backed securities 21,373,144 26,231,230
Total fixed maturities 32,457,807 38,164,309
Equity securities 0 0
Total investments 32,457,807 38,164,309
Level 3 [Member]    
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