Fair Value of Financial Instruments (Tables)

3 Months Ended

Mar. 31, 2026

Fair Value Disclosures [Abstract]

Schedule of Fair Value of Financial Instruments

The estimated fair values of the Company’s financial instruments, including their fair value level as of March 31, 2026 and December 31, 2025 are as follows:

	March 31, 2026				December 31, 2025
	Carrying Value		Fair Value		Carrying Value		Fair Value
Fixed-maturity securities, held-to maturity, Level 1	$	6,041,016	$	5,053,137	$	6,042,348	$	5,137,267
Fixed-maturity securities, available-for-sale, Level 1	$	136,443,666	$	136,443,666	$	130,873,872	$	130,873,872
Fixed-maturity securities, available-for-sale, Level 2	$	157,356,760	$	157,356,760	$	158,163,318	$	158,163,318
Cash and cash equivalents, Level 1	$	11,355,391	$	11,355,391	$	12,178,730	$	12,178,730
Premiums receivable, net, Level 1	$	19,027,968	$	19,027,968	$	21,012,408	$	21,012,408
Reinsurance receivables, net, Level 3	$	57,996,924	$	57,996,924	$	58,996,945	$	58,996,945
Reinsurance balances payable, Level 3	$	4,775,176	$	4,775,176	$	5,232,319	$	5,232,319
Debt - Equipment financing, Level 2	$	4,122,971	$	4,081,330	$	4,440,127	$	4,380,922