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Consolidated Statements of Income - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues:    
Net premiums earned $ 187,252,778 $ 188,073,242
Investment income, net of investment expenses 7,376,284 7,048,503
Net investment (losses) gains (10,694,843) 18,097,113
Lease income 109,267 111,099
Installment payment fees 867,720 1,088,917
Equity in earnings of Donegal Financial Services Corporation 0 295,000
Total revenues 184,911,206 214,713,874
Expenses:    
Net losses and loss expenses 117,246,526 123,110,656
Amortization of deferred policy acquisition costs 29,937,000 30,592,000
Other underwriting expenses 32,597,629 30,684,883
Policyholder dividends 1,842,000 2,349,648
Interest 224,330 565,292
Other expenses, net 560,550 566,371
Total expenses 182,408,035 187,868,850
Income before income tax (benefit) expense 2,503,171 26,845,024
Income tax (benefit) expense (1,227,950) 3,821,860
Net income $ 3,731,121 $ 23,023,164
Class A Common Stock [Member]    
Earnings per common share:    
common stock - basic and diluted $ 0.13 $ 0.82
Class B Common Stock [Member]    
Earnings per common share:    
common stock - basic and diluted $ 0.12 $ 0.75