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Shareholders' Equity (Details) - USD ($)
1 Months Ended 12 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Stock Repurchase Program [Abstract]          
Stock repurchase program, additional amount authorized     $ 2,000,000    
Stock repurchase program authorized amount $ 22,000,000     $ 22,000,000  
Stock repurchased during period (in shares)       30,646  
Amount paid to repurchase shares during the year       $ 881,966 $ 685,808
Amount of common stock repurchased $ 20,191,403     $ 20,191,403  
Number of common stock acquired (in shares) 1,356,859     1,356,859  
Earnings Per Share [Abstract]          
Basic weighted average shares outstanding (in shares)       3,176,757 3,167,719
Weighted average dilutive options outstanding (in shares)       0 0
Diluted weighted average shares outstanding (in shares)       3,176,757 3,167,719
Statutory Restrictions [Abstract]          
Minimum statutory surplus required to maintain $ 2,500,000     $ 2,500,000  
Period from declaration of ordinary dividend requires notification to insurance commissioner       5 days  
Minimum period prior to payment of dividend requires notification to insurance commissioner       10 days  
Percentage of statutory capital and surplus 10.00%     10.00%  
Ordinary dividends paid       $ 2,000,000 $ 3,000,000
Period for which no extraordinary dividends paid       2 years  
Outside Directors [Member]          
Share-based Compensation [Abstract]          
Annual retainer fee paid to director       $ 5,000  
Per meeting fee paid to director       $ 2,500  
Number of shares issued (in shares) 4,246 4,485      
Stock issued during period (in dollars per share) $ 30.01 $ 25.06   $ 30.01 $ 25.06
Cost of shares issued       $ 127,422 $ 112,394
Management and Employees [Member]          
Share-based Compensation [Abstract]          
Number of shares issued (in shares)       26,911 17,963
Cost of shares issued       $ 674,390 $ 486,798