XML 61 R45.htm IDEA: XBRL DOCUMENT v3.21.1
Policy Acquisition Costs (Details) - USD ($)
12 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Policy Acquisition Costs [Abstract]    
Deferred policy acquisition costs (DAC), beginning of year $ 5,269,256 $ 5,247,188
Deferred:    
Direct commission 8,804,039 9,172,742
Premium taxes 1,145,935 1,091,575
Ceding commissions (762,528) (738,756)
Underwriting 1,007,055 891,612
Net deferred 10,194,501 10,417,173
Amortized 10,034,137 10,395,105
DAC, end of year 5,429,620 5,269,256
Policy acquisition costs:    
Amortized to expense 10,034,137 10,395,105
Period costs:    
Contingent commission 746,518 1,365,254
Other underwriting expenses 7,748,791 8,259,646
Total policy acquisition costs $ 18,529,446 $ 20,020,005