Deferred Policy Acquisition Costs (Tables)

12 Months Ended

Dec. 31, 2021

Insurance [Abstract]

Schedule of Major Categories of the Deferred Policy Acquisition Costs

Major categories of the Company’s deferred policy acquisition costs are summarized as follows:  

	December 31,
	2021		2020
	(in thousands)
Agents’ commissions	$	12,527	$	13,244
Premium taxes		2,696		2,806
Deferred underwriting expenses		1,836		1,760
Total deferred policy acquisition costs	$	17,059	$	17,810

Schedule of the Activity in the Deferred Policy Acquisition Costs

The following summarizes the activity in the deferred policy acquisition costs:

	Year Ended December 31,
	2021			2020			2019
	(in thousands)
Balance, beginning of year	$	17,810		$	19,048		$	19,734
Policy acquisition costs deferred		37,730			40,345			43,872
Amortization expense during the year		(38,481	)		(41,583	)		(44,558	)
Balance, end of year	$	17,059		$	17,810		$	19,048