Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019
Cash flows from operating activities:
Net earnings	$ 3,531,364	$ 4,294,345
Adjustments to reconcile net earnings to net cash provided by operating activities
Net realized investment losses (gains)	245,323	(1,200,765)
Net unrealized gains on equity securities	(2,167,417)	(2,350,513)
Depreciation	684,744	794,506
Deferred income tax	509,915	218,322
Amortization of bond premium and discount	292,502	257,685
Stock-based compensation expense	454,977	432,156
Paycheck Protection Program loan forgiveness	(1,641,299)
Change in:
Accrued investment income	(14,289)	1,817
Premiums and reinsurance balances receivable	(1,137,645)	(964,182)
Ceded unearned premiums	(38,087)	(26,753)
Reinsurance balances payable	(3,803)	(618,006)
Reinsurance balances recoverable	(1,983,695)	(4,300,206)
Deferred policy acquisition costs	(160,364)	(22,068)
Unpaid losses and settlement expenses	4,737,359	5,390,867
Unearned premiums	(603,983)	420,194
Accrued expenses	(744,477)	(319,230)
Current federal income tax	(180,427)	654,712
Other	(167,351)	(131,331)
Net cash provided by operating activities	1,613,347	2,531,550
Purchases of:
Fixed maturity securities, available-for-sale	(27,284,955)	(26,101,621)
Other invested assets	(995,567)	(738,300)
Property held for investment	(1,276,802)	(876,833)
Property and equipment	(385,966)	(444,430)
Proceeds from sales, maturities and calls of:
Fixed maturity securities, available-for-sale	17,174,787	27,033,200
Other invested assets	100,000
Property held for investment	18,783	58,779
Net cash used in investing activities	(13,110,734)	(393,650)
Cash flows from financing activities:
Proceeds from loans	11,629,800
Repayments of borrowed funds	(9,514)	(9,518)
Purchase of treasury stock	(150,642)	(146,581)
Net cash provided by (used in) financing activities	11,469,644	(156,099)
Net (decrease) increase in cash and cash equivalents	(27,743)	1,981,801
Cash and cash equivalents at beginning of year	6,626,585	4,644,784
Cash and cash equivalents at end of period	6,598,842	6,626,585
Supplemental information:
Federal income tax paid (recovered)	718,000	(164,543)
Interest paid	200,500	128,800
Non-cash transaction: Paycheck Protection Program loan forgiveness	1,641,299
Common Stocks [Member]
Purchases of:
Equity securities	(4,300,890)	(7,563,198)
Proceeds from sales, maturities and calls of:
Equity securities	5,224,984	$ 8,238,753
Preferred Stock [Member]
Purchases of:
Equity securities	(1,768,862)
Proceeds from sales, maturities and calls of:
Equity securities	$ 297,609