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Fair Value of Financial Instruments | 3 Months Ended
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Mar. 31, 2026
Fair Value Disclosures [Abstract] |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The estimated fair values of the Company’s financial instruments, including their fair value level as of March 31, 2026 and December 31, 2025 are as follows:
| March 31, 2026 |  | December 31, 2025
| Carrying Value |  | Fair Value |  | Carrying Value |  | Fair Value
Fixed-maturity securities, held-to maturity, Level 1 | $ | 6,041,016 |  |  | $ | 5,053,137 |  |  | $ | 6,042,348 |  |  | $ | 5,137,267 |
Fixed-maturity securities, available-for-sale, Level 1 | $ | 136,443,666 |  |  | $ | 136,443,666 |  |  | $ | 130,873,872 |  |  | $ | 130,873,872 |
Fixed-maturity securities, available-for-sale, Level 2 | $ | 157,356,760 |  |  | $ | 157,356,760 |  |  | $ | 158,163,318 |  |  | $ | 158,163,318 |
Cash and cash equivalents, Level 1 | $ | 11,355,391 |  |  | $ | 11,355,391 |  |  | $ | 12,178,730 |  |  | $ | 12,178,730 |
Premiums receivable, net, Level 1 | $ | 19,027,968 |  |  | $ | 19,027,968 |  |  | $ | 21,012,408 |  |  | $ | 21,012,408 |
Reinsurance receivables, net, Level 3 | $ | 57,996,924 |  |  | $ | 57,996,924 |  |  | $ | 58,996,945 |  |  | $ | 58,996,945 |
Reinsurance balances payable, Level 3 | $ | 4,775,176 |  |  | $ | 4,775,176 |  |  | $ | 5,232,319 |  |  | $ | 5,232,319 |
Debt - Equipment financing, Level 2 | $ | 4,122,971 |  |  | $ | 4,081,330 |  |  | $ | 4,440,127 |  |  | $ | 4,380,922 |

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- Definition The entire disclosure for financial instruments. This disclosure includes, but is not limited to, fair value measurements of short and long term marketable securities, international currencies forward contracts, and auction rate securities. Financial instruments may include hedging and non-hedging currency exchange instruments, derivatives, securitizations and securities available for sale at fair value. Also included are investment results, realized and unrealized gains and losses as well as impairments and risk management disclosures. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 825 -Name Accounting Standards Codification -Publisher FASB -URI https://asc.fasb.org/825/tableOfContent + Details
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