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Fair Value Measurements (Details) - USD ($)
Dec. 31, 2020
Dec. 31, 2019
Political subdivisions of states, territories and possessions $ 5,643,102 $ 9,321,812
U.S. Treasury securities and obligations of U.S. government corporations and agencies 3,049,900 7,061,100
Corporate and other bonds industrial and miscellaneous 120,194,329 125,622,039
Residential mortgage and other asset backed securities 28,661,941 26,231,230
Total fixed maturities 157,549,272 168,236,181
Equity securities 34,413,313 24,661,382
Total investments 191,962,585 192,897,563
Level 1 [Member]    
Political subdivisions of states, territories and possessions 0 0
U.S. Treasury securities and obligations of U.S. government corporations and agencies 3,049,900 7,061,100
Corporate and other bonds industrial and miscellaneous 118,123,890 123,010,772
Residential mortgage and other asset backed securities 0 0
Total fixed maturities 121,173,790 130,071,872
Equity securities 34,413,313 24,661,382
Total investments 155,587,103 154,733,254
Level 2 [Member]    
Political subdivisions of states, territories and possessions 5,643,102 9,321,812
U.S. Treasury securities and obligations of U.S. government corporations and agencies 0 0
Corporate and other bonds industrial and miscellaneous 2,070,439 2,611,267
Residential mortgage and other asset backed securities 28,661,941 26,231,230
Total fixed maturities 36,375,482 38,164,309
Equity securities 0 0
Total investments 36,375,482 38,164,309
Level 3 [Member]    
Political subdivisions of states, territories and possessions 0 0
U.S. Treasury securities and obligations of U.S. government corporations and agencies 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