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Deferred Policy Acquisition Costs, Net
12 Months Ended
Dec. 31, 2022
Insurance [Abstract]  
Deferred Policy Acquisition Costs, Net Deferred Policy Acquisition Costs, NetThe Company defers costs incurred which are incremental and directly related to the successful acquisition of new or renewal insurance business, net of corresponding amounts of ceded reinsurance commissions. Net deferred policy acquisition costs are amortized in proportion to premium earned over the estimated policy term. The Company anticipates that its deferred policy acquisition costs will be fully recoverable and there were no premium deficiencies for the years ended December 31, 2022, 2021 and 2020.
The table below depicts the activity with regard to deferred policy acquisition costs, net:

202220212020
Balance at beginning of period$13,344 $1,332 $2,115 
Policy acquisition costs deferred28,362 22,853 7,593 
Amortization charged to expense(22,848)(10,841)(8,376)
Balance at end of period$18,858 $13,344 $1,332