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Consolidated Statements of Earnings and Comprehensive Earnings (Loss) - USD ($)
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Consolidated Statements of Earnings and Comprehensive Earnings (Loss) [Abstract]    
Net premiums earned $ 47,116,961 $ 44,213,271
Net investment income 2,890,266 2,632,498
Net realized investment gains 975,993 1,064,577
Other-than-temporary impairment losses (16,178) (57,316)
Other income 196,649 325,127
Consolidated revenues 51,163,691 48,178,157
Losses and settlement expenses 31,262,462 29,009,833
Policy acquisition costs and other operating expenses 18,214,983 17,307,700
Interest expense on debt 140,877 225,379
General corporate expenses 545,986 555,109
Total expenses 50,164,308 47,098,021
Earnings before income taxes 999,383 1,080,136
Income tax (benefit) expense:    
Current (234,037) 197,200
Deferred 340,124 175,085
Total income tax expense 106,087 372,285
Net earnings $ 893,296 $ 707,851
Basic:    
Basic net earnings per share $ 0.29 $ 0.22
Diluted:    
Diluted net earnings per share $ 0.29 $ 0.22
Weighted average number of common shares outstanding:    
Basic 3,119,968 3,158,163
Diluted 3,121,140 3,158,163
Unrealized gains and losses on investments:    
Unrealized holding (losses) gains arising during the period, net of income tax (benefit) of $(810,701) in 2018 and income tax expense of $706,378 in 2017 $ (3,049,791) $ 1,371,206
Reclassification adjustment for (gains) included in net income, net of income tax expense of $201,561 in 2018 and expense of $342,469 in 2017 (758,254) (664,792)
Total other comprehensive (loss) earnings (3,808,045) 706,414
Comprehensive (loss) earnings $ (2,914,749) $ 1,414,265