2. Accounting Policies and Basis of Presentation (Tables)

12 Months Ended

Dec. 31, 2013

Accounting Policies And Basis Of Presentation Tables

Summary of deposits of cash equivalents

As of December 31, 2013 and 2012, the Company had deposits of cash equivalents as follows:

	December 31,		December 31,
	2013		2012
Collateralized bank repurchase agreement (1)	$	17,280,027	$	-
Money market fund		953,504		1,184,109
Total	$	18,233,531	$	1,184,109

(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 that subject the Company to concentration risk for the years ended December 31, 2013 and 2012 are as follows:

	Years ended December 31,
	2013			2012
Personal Lines		70.0	%		68.4	%
Commercial Lines		16.0	%		16.2	%
Commercial Automobile		n/a			11.6	%
Total premiums earned subject to concentration		86.0	%		96.2	%
Premiums earned not subject to concentration		14.0	%		3.8	%
Total premiums earned		100.0	%		100.0	%