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Condensed Consolidated Statements of Operations and Comprehensive Incomr (Loss) (Unaudited) - USD ($)
 3 Months Ended 6 Months Ended
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2021
Jun. 30, 2020
Revenues        
Net premiums earned $ 35,436,426 $ 26,636,856 $ 70,025,644 $ 53,578,306
Ceding commission revenue 45,741 3,480,214 44,676 7,311,313
Net investment income 1,678,075 1,612,006 3,461,271 3,277,850
Net gains (losses) on investments 2,315,261 2,697,868 5,275,668 (3,746,550)
Other income 124,946 262,388 296,392 522,018
Total revenues 39,600,449 34,689,332 79,103,651 60,942,937
Expenses        
Loss and loss adjustment expenses 20,759,210 12,813,631 43,319,882 29,199,452
Commission expense 8,285,341 7,760,540 16,509,180 15,616,467
Other underwriting expenses 6,692,920 6,325,472 13,159,962 13,087,264
Other operating expenses 933,272 1,089,135 2,285,578 2,326,030
Depreciation and amortization 837,654 673,160 1,659,994 1,360,254
Interest expense 456,545 456,545 913,090 913,090
Total expenses 37,964,942 29,118,483 77,847,686 62,502,557
Income (loss) before taxes 1,635,507 5,570,849 1,255,965 (1,559,620)
Income tax expense (benefit) 312,146 962,659 243,701 (723,607)
Net income (loss) 1,323,361 4,608,190 1,012,264 (836,013)
Other comprehensive income (loss), net of tax        
Gross change in unrealized gains (losses) on available-for-sale-securities 1,074,164 10,887,611 (2,749,115) 4,160,122
Reclassification adjustment for (gains) losses included in net income (loss) (341,474) 148,495 (735,771) 46,273
Net change in unrealized gains (losses) 732,690 11,036,106 (3,484,886) 4,206,395
Income tax benefit (expense) related to items of other comprehensive income (loss) (153,865) (2,317,582) 731,827 (883,342)
Other comprehensive income (loss), net of tax 578,825 8,718,524 (2,753,059) 3,323,053
Comprehensive income (loss) $ 1,902,186 $ 13,326,714 $ (1,740,795) $ 2,487,040
Earnings (loss) per common share:        
Basic $ 0.12 $ 0.43 $ 0.09 $ (0.08)
Diluted $ 0.12 $ 0.43 $ 0.09 $ (0.08)
Weighted average common shares outstanding        
Weighted average common shares outstanding Basic 10,670,831 10,733,354 10,673,550 10,770,598
Weighted average common shares outstanding Diluted 10,846,724 10,734,784 10,809,924 10,770,598
Dividends declared and paid per common share $ 0.0400 $ 0.0400 $ 0.0800 $ 0.1025