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Fair Value of Financial Instruments and Real Estate (Tables)
 9 Months Ended
Sep. 30, 2024
Fair Value Disclosures [Abstract]  
Schedule of Fair Value of Financial Instruments
The estimated fair values of the Company’s financial instruments and real estate, including their fair value level as of September 30, 2024 and December 31, 2023 are as follows:
 September 30, 2024December 31, 2023
 Carrying ValueFair ValueCarrying ValueFair Value
    
Fixed-maturity securities held-to- maturity, Level 1$7,048,662 $6,278,968 $7,052,541 $6,106,148 
Fixed-maturity securities available-for-sale, Level 1$109,780,907 $109,780,907 $91,046,936 $91,046,936 
Fixed-maturity securities available-for-sale, Level 2$55,677,438 $55,677,438 $57,873,861 $57,873,861 
Cash and cash equivalents, Level 1$33,760,798 $33,760,798 $8,976,998 $8,976,998 
Premiums receivable, net, Level 1$17,601,417 $17,601,417 $13,604,808 $13,604,808 
Reinsurance receivables, net, Level 3$65,746,827 $65,746,827 $75,593,912 $75,593,912 
Real estate, net of accumulated depreciation, Level 3$1,941,671 $3,540,000 $1,992,529 $3,540,000 
Reinsurance balances payable, Level 3$9,866,555 $9,866,555 $12,837,140 $12,837,140