Debt	9 Months Ended
Sep. 30, 2019
Debt [Abstract]
Debt	4. DEBT As of September 30, 2019 and December 31, 2018, outstanding debt balances totaled $3,477,586 and $3,484,606, respectively. The average interest rate on remaining debt was 3.7% as of September 30, 2019 and as of December 31, 2018. Debt Obligation ICC Holdings, Inc. secured a loan with American Bank & Trust in March 2017 in the amount of $3,500,000 and used the proceeds to repay ICC for the money borrowed by the ESOP. The term of the loan is five years bearing interest at 3.65%. The Company pledged stock and $1.0 million of marketable assets as collateral for the loanThe total balance of the debt agreements at September 30, 2019 and December 31, 2018 was $3,477,586 and $3,484,606, respectively. Revolving Line of Credit We maintain a revolving line of credit with American Bank & Trust, which permits borrowing up to an aggregate principal amount of $1.75 million. This facility was initially entered into during 2013 and is renewed annually with a current expiration of August 5, 2020. The line of credit is priced at 30-day LIBOR plus 2% with a floor of 3.5%. In order to secure the lowest rate possible, the Company pledged marketable securities not to exceed $5.0 million in the event the Company draws down on the line of credit. There was no interest paid on the line of credit during the nine months ended September 30, 2019 and 2018. There are no financial covenants governing this agreement.

4. DEBT

As of September 30, 2019 and December 31, 2018, outstanding debt balances totaled $3,477,586 and $3,484,606, respectively. The average interest rate on remaining debt was 3.7% as of September 30, 2019 and as of December 31, 2018.

Debt Obligation

ICC Holdings, Inc. secured a loan with American Bank & Trust in March 2017 in the amount of $3,500,000 and used the proceeds to repay ICC for the money borrowed by the ESOP. The term of the loan is five years bearing interest at 3.65%. The Company pledged stock and $1.0 million of marketable assets as collateral for the loanThe total balance of the debt agreements at September 30, 2019 and December 31, 2018 was $3,477,586 and $3,484,606, respectively.

Revolving Line of Credit

We maintain a revolving line of credit with American Bank & Trust, which permits borrowing up to an aggregate principal amount of $1.75 million. This facility was initially entered into during 2013 and is renewed annually with a current expiration of August 5, 2020. The line of credit is priced at 30-day LIBOR plus 2% with a floor of 3.5%. In order to secure the lowest rate possible, the Company pledged marketable securities not to exceed $5.0 million in the event the Company draws down on the line of credit. There was no interest paid on the line of credit during the nine months ended September 30, 2019 and 2018. There are no financial covenants governing this agreement.