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Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Schedule of Deposits of Cash Equivalents
As of December 31, 2024 and 2023, the Company’s cash equivalents were as follows:
 December 31,
2024
December 31,
2023
   
Collateralized bank repurchase agreement (1)$788,833 $899,646 
Money market funds1,676,626 2,430,317 
Total$2,465,459 $3,329,963 
(1)The Company has a security interest in certain of the bank's holdings of direct obligations of the United States or one or more agencies thereof. The collateral is held in a hold-in-custody arrangement with a third party who maintains physical possession of the collateral on behalf of the bank.
Schedule of Concentration Risk
Direct premiums earned from lines of business in excess of 10% of the total subject the Company to concentration risk for the years ended December 31, 2024 and 2023 is as follows:
 Years ended December 31,
 20242023
Personal Lines93.1 %93.1 %
Premiums earned not subject to concentration6.9 %6.9 %
Total premiums earned100.0 %100.0 %
(1)For the years ended December 31, 2024 and 2023, premiums earned not subject to concentration are comprised primarily of one line of business.