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Deferred Policy Acquisition Costs
 9 Months Ended
Sep. 30, 2018
Deferred Policy Acquisition Costs Disclosures [Abstract]  
Deferred Policy Acquisition Costs
Deferred Policy Acquisition Costs
The Company defers costs incurred which are incremental and directly related to the successful acquisition of new or renewal insurance business, net of corresponding amounts of ceded reinsurance commissions. Net deferred policy acquisition costs are amortized and charged to expense in proportion to premium earned over the estimated policy term. The Company anticipates that its deferred policy acquisition costs will be fully recoverable and there were no premium deficiencies for the nine months ended September 30, 2018 and 2017. The activity in deferred policy acquisition costs, net of reinsurance transactions, is as follows (dollars in thousands):
 
Three Months Ended
September 30,
 
Nine Months Ended
September 30,
 
2018
 
2017
 
2018
 
2017
Balance at beginning of period
$
12,021

 
$
12,649

 
$
12,781

 
$
13,290

 
 
 
 
 
 
 
 
Deferred policy acquisition costs
6,274

 
6,759

 
18,499

 
19,018

Amortization of policy acquisition costs
(6,452
)
 
(6,655
)
 
(19,437
)
 
(19,555
)
Net change
(178
)
 
104

 
(938
)
 
(537
)
 
 
 
 
 
 
 
 
Balance at end of period
$
11,843

 
$
12,753

 
$
11,843

 
$
12,753