NI (NODK) 10-K 10 Mar 21 2020 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Feb. 28, 2021	Jun. 30, 2020
Document and Entity Information [Abstract]
Document Type	10-K
Entity Central Index Key	0001681206
Document Period End Date	Dec. 31, 2020
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2020
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Entity File Number	001-37973
Entity Registrant Name	NI HOLDINGS, INC.
Entity Incorporation, State or Country Code	ND
Entity Tax Identification Number	81-2683619
Entity Address, Address Line One	1101 First Avenue North
Entity Address, City or Town	Fargo
Entity Address, State or Province	ND
Entity Address, Postal Zip Code	58102
City Area Code	701
Local Phone Number	298-4200
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	NODK
Name of Exchange on which Security is Registered	NASDAQ
Current Fiscal Year End Date	--12-31
Entity Well-Known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	true
Entity Ex Transition Period	false
Auditor Attestation Flag	false
Entity Shell Company	false
Entity Public Float			$ 131
Entity Common Stock, Shares Outstanding		21,318,960

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Assets:
Cash and cash equivalents	$ 101,077	$ 62,132
Fixed income securities, at fair value	320,410	295,945
Equity securities, at fair value	69,952	59,932
Other investments	2,924	1,914
Total cash and investments	494,363	419,923
Premiums and agents' balances receivable	48,523	36,691
Deferred policy acquisition costs	23,968	15,399
Reinsurance premiums receivable	93
Reinsurance recoverables on losses	8,710	4,045
Accrued investment income	2,141	2,089
Property and equipment, net	9,899	7,694
Receivable from Federal Crop Insurance Corporation	6,646	14,230
Goodwill and other intangibles	18,194	2,912
Other assets	5,066	5,176
Total assets	617,603	508,159
Liabilities:
Unpaid losses and loss adjustment expenses	105,750	93,250
Unearned premiums	119,363	89,276
Reinsurance premiums payable		170
Income tax payable	754	1,645
Deferred income taxes, net	8,757	4,590
Westminster consideration payable	19,287
Accrued expenses and other liabilities	14,820	9,425
Total liabilities	268,731	198,356
Commitments and contingencies
Shareholders' equity:
Common stock, $0.01 par value, authorized 25,000,000 shares, issued: 23,000,000 shares; and outstanding: 2020 - 21,318,638 shares, 2019 - 22,119,380 shares	230	230
Preferred stock, without par value, authorized 5,000,000 shares, no shares issued or outstanding
Additional paid-in capital	97,911	95,961
Unearned employee stock ownership plan shares	(1,427)	(1,671)
Retained earnings	258,741	218,480
Accumulated other comprehensive income, net of income taxes	12,840	5,612
Treasury stock, at cost, 2020 - 1,538,622 shares, 2019 - 713,565 shares	(23,968)	(12,308)
Non-controlling interest	4,545	3,499
Total shareholders' equity	348,872	309,803
Total liabilities and shareholders' equity	$ 617,603	$ 508,159

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Dec. 31, 2020	Dec. 31, 2019
Statement of Financial Position [Abstract]
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	23,000,000	23,000,000
Common stock, shares outstanding	21,318,638	22,119,380
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Treasury stock, shares	1,538,622	713,565

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Revenues:
Net premiums earned	$ 69,541	$ 73,342	$ 82,006	$ 58,772	$ 63,702	$ 67,116	$ 65,114	$ 50,506	$ 283,661	$ 246,438	$ 195,720
Fee and other income									1,801	2,125	6,496
Net investment income	1,396	1,886	2,018	1,971	1,929	1,983	1,778	1,743	7,271	7,433	6,180
Net capital gain on investments									13,624	14,783	3,974
Total revenues	83,650	80,854	95,667	46,186	71,311	70,248	68,648	60,572	306,357	270,779	212,370
Expenses:
Losses and loss adjustment expenses									168,473	169,710	119,088
Amortization of deferred policy acquisition costs									51,472	46,188	31,856
Other underwriting and general expenses									33,596	21,070	22,261
Total expenses	54,991	75,980	71,989	50,581	50,058	78,849	65,133	42,928	253,541	236,968	173,205
Income before income taxes									52,816	33,811	39,165
Income taxes									11,472	7,311	7,921
Net income	22,446	3,686	18,767	(3,555)	17,148	(6,959)	2,515	13,796	41,344	26,500	31,244
Net income attributable to non-controlling interest									955	99	163
Net income attributable to NI Holdings, Inc.	$ 21,579	$ 3,664	$ 18,733	$ (3,587)	$ 17,129	$ (6,979)	$ 2,478	$ 13,773	$ 40,389	$ 26,401	$ 31,081
Earnings per common share:
Basic									$ 1.86	$ 1.19	$ 1.39
Diluted	$ 1.01	$ 0.17	$ 0.86	$ (0.16)	$ 0.77	$ (0.32)	$ 0.11	$ 0.62	$ 1.84	$ 1.19	$ 1.39
Share data:
Weighted average common shares outstanding used in basic per common share calculations									21,772,475	22,179,747	22,358,858
Plus: Dilutive securities									169,995	85,601	26,896
Weighted average common shares used in diluted per common share calculations									21,942,470	22,265,348	22,385,754

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Net income	$ 41,344	$ 26,500	$ 31,244
Other comprehensive income (loss), before income taxes:
Holding gains (losses) on investments	10,167	9,760	(8,305)
Reclassification adjustment for net realized capital gain included in net income	(903)	(194)	(3,974)
Other comprehensive income (loss), before income taxes	9,264	9,566	(12,279)
Income tax expense related to items of other comprehensive income	(1,945)	(2,009)	2,579
Other comprehensive income (loss), net of income taxes	7,319	7,557	(9,700)
Comprehensive income	48,663	34,057	21,544
Attributable to Nodak Mutual Insurance Company [Member]
Net income	40,389	26,401	31,081
Other comprehensive income (loss), before income taxes:
Holding gains (losses) on investments	10,051	9,583	(8,206)
Reclassification adjustment for net realized capital gain included in net income	(902)	(191)	(3,974)
Other comprehensive income (loss), before income taxes	9,149	9,392	(12,180)
Income tax expense related to items of other comprehensive income	(1,921)	(1,972)	2,558
Other comprehensive income (loss), net of income taxes	7,228	7,420	(9,622)
Comprehensive income	47,617	33,821	21,459
Attributable to Non-Controlling Interest [Member]
Net income	955	99	163
Other comprehensive income (loss), before income taxes:
Holding gains (losses) on investments	116	177	(99)
Reclassification adjustment for net realized capital gain included in net income	(1)	(3)
Other comprehensive income (loss), before income taxes	115	174	(99)
Income tax expense related to items of other comprehensive income	(24)	(37)	21
Other comprehensive income (loss), net of income taxes	91	137	(78)
Comprehensive income	$ 1,046	$ 236	$ 85

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Unearned Employee Stock Ownership Plan Shares [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income [Member]	Treasury Stock	Non-Controlling Interest [Member]	Total
Balance at Dec. 31, 2017	$ 230	$ 93,496	$ (2,517)	$ 152,865	$ 15,998	$ (8,037)	$ 3,178	$ 255,573
Net income				31,081			163	31,244
Other comprehensive income (loss), net of income taxes					(9,622)		(78)	(9,700)
Share-based compensation		$ 1,232						1,232
Purchase of treasury stock						$ (2,996)		$ (2,996)
Issuance of vested award shares		(399)				399
Distribution of employee stock ownership plan shares at Dec. 31, 2018		157	243					400
Balance at Dec. 31, 2018	230	$ 94,486	$ (1,914)	183,946	6,376	$ (10,634)	3,263	$ 275,753
Cumulative effect of change in accounting for equity securities				8,184	(8,184)
Net income				$ 26,401			99	26,500
Other comprehensive income (loss), net of income taxes					7,420		137	7,557
Share-based compensation		$ 1,613						1,613
Purchase of treasury stock						$ (2,006)		$ (2,006)
Issuance of vested award shares		(300)		(51)		332		(19)
Distribution of employee stock ownership plan shares at Dec. 31, 2019		162	243					405
Balance at Dec. 31, 2019	230	$ 95,961	$ (1,671)	$ 218,480	5,612	$ (12,308)	3,499	$ 309,803
Net income				$ 40,389			955	41,344
Other comprehensive income (loss), net of income taxes					7,228		91	7,319
Share-based compensation		$ 2,297						2,297
Purchase of treasury stock						$ (12,234)		$ (12,234)
Issuance of vested award shares		(477)		(128)		574		(31)
Distribution of employee stock ownership plan shares at Dec. 31, 2020		130	244					374
Balance at Dec. 31, 2020	$ 230	$ 97,911	$ (1,427)	$ 258,741	$ 12,840	$ (23,968)	$ 4,545	$ 348,872

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cash Flows from Operating Activities:
Net income	$ 41,344	$ 26,500	$ 31,244
Adjustments to reconcile net income to net cash flows from operating activities:
Gain on acquisition of Direct Auto Insurance Company			(4,578)
Net capital gain on investments	(13,624)	(14,783)	(3,974)
Deferred income tax expense (benefit)	638	1,871	(692)
Depreciation of property and equipment	709	538	492
Amortization of intangibles	5,224	1,711	3,507
Distribution of employee stock ownership plan shares	373	405	400
Share-based incentive compensation	2,297	1,613	1,232
Amortization of deferred policy acquisition costs	51,472	46,188	31,856
Deferral of policy acquisition costs	(60,041)	(48,721)	(35,863)
Net amortization of premiums and discounts on investments	1,460	1,146	1,149
Loss (gain) on sale of property and equipment	6	37	(11)
Changes in operating assets and liabilities:
Premiums and agents' balances receivable	(3,325)	(2,404)	(2,806)
Reinsurance premiums payable	(828)	170	(428)
Reinsurance recoverables on losses	(3,902)	(1,813)	1,896
Accrued investment income	17	(191)	161
Receivable from Federal Crop Insurance Corporation	7,584	1,939	(5,668)
Income tax recoverable / payable	(753)	889	(1,721)
Other assets	186	(109)	(1,477)
Unpaid losses and loss adjustment expenses	3,932	6,129	264
Unearned premiums	13,476	4,509	5,550
Accrued expenses and other liabilities	4,765	41	422
Net cash flows from operating activities	51,010	25,665	20,955
Cash flows from investing activities:
Proceeds from maturities and sales of fixed income securities	87,874	59,649	61,465
Proceeds from sales of equity securities	27,718	20,174	23,409
Purchases of fixed income securities	(91,559)	(92,012)	(73,871)
Purchases of equity securities	(22,312)	(17,042)	(13,557)
Purchases of property and equipment	(543)	(1,290)	(1,552)
Acquisition of Direct Auto Insurance Company (cash consideration paid net of cash and cash equivalents acquired)			27,485
Acquisition of Westminster American Insurance Company (cash consideration paid net of cash and cash equivalents acquired)	(703)
Other	(275)	63	18
Net cash flows from investing activities	200	(30,458)	23,397
Cash flows from financing activities:
Purchases of treasury stock	(12,234)	(2,006)	(2,996)
Issuance of restricted stock awards	(31)	(19)
Net cash flows from financing activities	(12,265)	(2,025)	(2,996)
Net (decrease) increase in cash and cash equivalents	38,945	(6,818)	41,356
Cash and cash equivalents at beginning of period	62,132	68,950	27,594
Cash and cash equivalents at end of period	101,077	62,132	68,950
Non-cash item: Present value of installment payable issued in connection with acquisition of Westminster American Insurance Company	18,787
Income taxes paid	$ 11,586	$ 4,000	$ 10,300

Organization

Organization	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization	1. Organization NI Holdings, Inc. (“NI Holdings”) is a North Dakota business corporation that is the stock holding company of Nodak Insurance Company and became such in connection with the conversion of Nodak Mutual Insurance Company from a mutual to stock form of organization and the creation of a mutual holding company. The conversion was consummated on March 13, 2017. Immediately following the conversion, all of the outstanding shares of common stock of Nodak Insurance Company (the successor to Nodak Mutual Insurance Company) were issued to Nodak Mutual Group, Inc., which then contributed the shares to NI Holdings in exchange for 55% of the outstanding shares of common stock of NI Holdings. Nodak Insurance Company then became a wholly-owned stock subsidiary of NI Holdings. Prior to completion of the conversion, NI Holdings conducted no business and had no assets or liabilities. As a result of the conversion, NI Holdings became the holding company for Nodak Insurance Company and its existing subsidiaries. The newly issued shares of NI Holdings were available for public trading on March 16, 2017. These Consolidated Financial Statements of NI Holdings include the financial position and results of operations of NI Holdings and seven other entities: • Nodak Insurance Company (“Nodak Insurance”, formerly Nodak Mutual Insurance Company prior to the conversion);   • Nodak Agency, Inc. (“Nodak Agency”);   • American West Insurance Company (“American West”);   • Primero Insurance Company (“Primero”);   • Battle Creek Mutual Insurance Company (“Battle Creek”, an affiliated company with Nodak Insurance); and   • Direct Auto Insurance Company (“Direct Auto”); and   • Westminster American Insurance Company (Westminster).   Nodak Insurance is the largest domestic property and casualty insurance company in North Dakota. Nodak Insurance was incorporated on April 15, 1946 under the laws of North Dakota, and benefits from a strong marketing affiliation with the North Dakota Farm Bureau (“NDFB”). Nodak Insurance specializes in providing private passenger auto, homeowners, farmowners, commercial, crop hail, and Federal multi-peril crop insurance coverages. Nodak Agency, a wholly-owned subsidiary of Nodak Insurance, is an inactive shell corporation. American West, a wholly-owned subsidiary of Nodak Insurance, is a property and casualty insurance company licensed in eight states in the Midwest and Western regions of the United States. American West began writing policies in 2002, and primarily writes personal auto, homeowners, and farm coverages in South Dakota. American West also writes personal auto coverage in North Dakota, as well as crop hail and Federal multi-peril crop insurance coverages in Minnesota and South Dakota. Primero is a wholly-owned subsidiary of Tri-State, Ltd. Tri-State, Ltd. is an inactive shell corporation 100% owned by Nodak Insurance. Primero is a property and casualty insurance company writing non-standard automobile coverage in the states of Nevada, Arizona, North Dakota and South Dakota. Battle Creek became affiliated with Nodak Insurance in 2011, and Nodak Insurance provides underwriting, claims management, policy administration, and other administrative services to Battle Creek. Battle Creek is controlled by Nodak Insurance via a surplus note. The terms of the surplus note allow Nodak Insurance to appoint two-thirds of the Battle Creek Board of Directors. Battle Creek is a property and casualty insurance company writing personal auto, homeowners, and farm coverages solely in the state of Nebraska. Direct Auto, a wholly-owned subsidiary of NI Holdings, is a property and casualty company licensed in Illinois. Direct Auto began writing non-standard automobile coverage in 2007, and was acquired by NI Holdings on August 31, 2018 via a stock purchase agreement. The financial results of Direct Auto have been included in the Consolidated Financial Statements herein since August 31, 2018. See Note 4. Westminster, a wholly-owned subsidiary of NI Holdings, is a property and casualty insurance company licensed in seventeen states and the District of Columbia. Westminster is headquartered in Owings Mills, Maryland and underwrites multi-peril commercial insurance in the states of Delaware, Georgia, Maryland, New Jersey, North Carolina, Pennsylvania, South Carolina, Virginia, West Virginia, and the District of Columbia. Westminster was acquired by NI Holdings on January 1, 2020 via a stock purchase agreement. The financial results of Westminster have been included in the Consolidated Financial Statements herein since January 1, 2020. See Note 4. The same executive management team provides oversight and strategic direction for the entire organization. Nodak Insurance provides common product oversight, pricing practices, and underwriting standards, as well as underwriting and claims administration, to itself, American West, and Battle Creek. Primero, Direct Auto, and Westminster personnel manage the day-to-day operations of their respective companies. The insurance companies share a combined business plan to achieve market penetration and underwriting profitability objectives. Distinctions within the products of the insurance companies generally relate to the states in which the risk is located and specific risk profiles targeted within similar classes of business.

Basis of Consolidation

Basis of Consolidation	12 Months Ended
	Dec. 31, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Consolidation	2. Basis of Consolidation Our Consolidated Financial Statements, which we have prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”), include our accounts and those of our wholly-owned subsidiaries, as well as Battle Creek, an entity we control via contract. We have eliminated all significant inter-company accounts and transactions in consolidation. The terms “we”, “us”, “our”, or “the Company” as used herein refer to the consolidated entity.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	3. Summary of Significant Accounting Policies Use of Estimates In preparing our Consolidated Financial Statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet, and revenues and expenses for the periods then ended. Actual results could differ significantly from those estimates. We make estimates and assumptions that can have a significant effect on amounts and disclosures we report in our Consolidated Financial Statements. The most significant estimates relate to our reserves for unpaid losses and loss adjustment expenses, earned premiums for crop insurance, valuation of investments, determination of other-than-temporary impairments, valuation allowances for deferred income tax assets, deferred policy acquisition costs, and the valuations used to establish intangible assets acquired related to business combinations. While we believe our estimates are appropriate, the ultimate amounts may differ from the estimates provided. We regularly review our methods for making these estimates as well as the continuing appropriateness of the estimated amounts, and we reflect any adjustment we consider necessary in our current results of operations. Variable-Interest Entities Any company deemed to be a variable interest entity (“VIE”) is required to be consolidated by the primary beneficiary of the VIE. We assess our investments in other entities at inception to determine if any meet the qualifications of a VIE. We consider an investment in another company to be a VIE if: (a) the total equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support, (b) the characteristics of a controlling financial interest are missing (either the ability to make decisions through voting or other rights, the obligation to absorb expected losses of the entity or the right to receive the expected residual returns of the entity), or (c) the voting rights of the equity holders are not proportional to their obligations to absorb the expected losses of the entity and/or the rights to receive the expected residual returns of the entity, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. Upon the occurrence of certain events, we would reassess our initial determination of whether the investment is a VIE. We evaluate whether we are the primary beneficiary of each VIE and we consolidate the VIE if we have both (1) the power to direct the economically significant activities of the entity and (2) the obligation to absorb losses of, or the right to receive benefits from, the entity. We consider the contractual agreements that define the ownership structure, distribution of profits and losses, risks, responsibilities, indebtedness, voting rights, and board representation of the respective parties in determining whether we qualify as the primary beneficiary. Our assessment of whether we are the primary beneficiary of a VIE is performed at least annually. We control Battle Creek via a surplus note which provides us with ability to appoint two-thirds of the Board of Directors of Battle Creek. Under the quota share reinsurance agreement that existed through December 31, 2019, Battle Creek’s operating results included only net investment income, bad debt expense, and income taxes. Effective January 1, 2020, the Company implemented an intercompany pooling reinsurance agreement, and Battle Creek’s operating results now include their participation in the underwriting results of the pool (2% during 2020). See Note 13. Because we have concluded that we control Battle Creek, we consolidate the financial statements of Battle Creek, and Battle Creek’s policyholders’ interest in Battle Creek is reflected as a non-controlling interest in shareholders’ equity in our Consolidated Balance Sheet. Cash and Cash Equivalents Cash and cash equivalents include certain investments in highly liquid debt instruments with original maturities of three months or less. Cost approximates fair value for these short-term investments. Investments We have categorized our investment portfolio as “available-for-sale” and have reported the portfolio at fair value. Unrealized gains and losses on fixed income securities, and on equity securities prior to January 1, 2019, net of income taxes, are reported in accumulated other comprehensive income. Effective January 1, 2019, in accordance with a change in accounting principle, changes in unrealized gains and losses on equity securities began to be reported as a component of net capital gain on investments in our operating results. 80 Table of Contents Fair values are based on quoted market prices or dealer quotes, if available. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. Amortization of premium and accretion of discount are computed using an effective interest method. Net investment income includes interest and dividend income together with amortization of purchase premiums and discounts, and is net of investment management and custody fees. Realized gains and losses on investments are determined using the specific identification method and are included in net capital gain on investments, along with the change in unrealized gains and losses on equity securities after January 1, 2019. We review our investments each quarter to determine whether a decline in fair value below the amortized cost basis is other than temporary. Accordingly, we assess whether we intend to sell or it is more likely than not that we will be required to sell a security before recovery of its amortized cost basis. For fixed income securities that are considered other-than-temporarily impaired and that we do not intend to sell and will not be required to sell prior to recovery of the amortized cost basis, we separate the amount of the impairment into the amount that is credit related (credit loss component) and the amount due to all other factors. The credit loss component is recognized in earnings and is the difference between the security’s amortized cost basis and the present value of its expected future cash flows discounted at the security’s effective yield. The remaining difference between the security’s fair value and the present value of future expected cash flows is due to factors that are not credit related and, therefore, is not required to be recognized as losses in the Consolidated Statement of Operations, but is recognized in other comprehensive income. We classify each fair value measurement at the appropriate level in the fair value hierarchy. The hierarchy gives the highest priority to unadjusted quoted market price in active markets for identical assets or liabilities (Level I measurements) and the lowest priority to unobservable inputs (Level III measurements). An asset’s or liability’s classification within the fair value hierarchy is based on the lowest level of significant input to its valuation. Level I – Quoted price in active markets for identical assets and liabilities. Level II – Quoted prices in markets that are not active or inputs that are observable either directly or indirectly. Level II inputs include quoted prices for similar assets or liabilities other than quoted in prices in Level I, quoted prices in markets that are not active, or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level III – Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect the reporting entity’s own assumptions that market participants would use in pricing the asset or liability. Level III assets and liabilities include financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation. Fair Value of Other Financial Instruments Our other financial instruments, aside from investments, are cash and cash equivalents, premiums and agents’ balances receivable, and accrued expenses and accounts payable. The carrying amounts for cash and cash equivalents, premiums and agents’ balances receivable, and accrued expenses and accounts payable approximate their fair value based on their short-term nature. Other invested assets that do not have observable inputs and little or no market activity are carried on a cost basis, which approximates fair value. All other invested assets have been assessed for impairment. The carrying value of these other invested assets was $2,924 at December 31, 2020 and $1,914 at December 31, 2019. Reclassifications of Segment Information: Effective in the first quarter of 2020, the Company’s results began to be reported in our Consolidated Financial Statements in the following five primary operating segments – private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, and commercial insurance. A sixth “all other” segment captures all other insurance business, including our assumed reinsurance lines of business. Commercial insurance was previously reported within the all other segment. All prior periods presented have been reclassified to conform to this presentation. Revenue Recognition : We record premiums written at policy inception and recognize them as revenue on a pro rata basis over the policy term or, in the case of crop insurance, over the period of risk. The portion of premiums that could be earned in the future is deferred and reported as unearned premiums. When policies lapse, the Company reverses the unearned portion of the written premium and removes the applicable unearned premium. Policy-related fee income is recognized when collected. The period of risk for our crop insurance program, which comprise primarily spring-planted crops, typically runs from April 1 (the approximate time when farmers can begin to work their fields) through December 15 (last date claims can be made for the most recent planting season). The crop insurance program provides indemnification for acreage that cannot be planted because of flood, drought, or other natural disaster (known as “prevented planting”). In cases where a valid prevented planting claim is made by an insured, the Company assumes that the risk period has ended as there will be no additional coverage under the policy, and the Company will immediately recognize the remaining unearned premium. The Company uses the direct write-off method for recognizing bad debts. Accounts billed directly to the policyholder are provided grace payment and cancellation notice periods per state insurance regulations. Any earned but uncollected premiums are written off within 90 days after the effective date of policy cancellation. 81 Table of Contents Direct Auto also provides for agency billing for a portion of their agents. Accounts billed to agents are due within 60 days of the statement date. The balances are carried as agents’ balances receivable until it is determined the amount is not collectible from the agent. At that time, the balance is written off as uncollectible. The agent is responsible for all past due balances. As part of its agent appointment, Direct Auto requires a personal guarantee for all balances due to Direct Auto from the principal of the contracted agency. Policy Acquisition Costs We defer our policy acquisition costs, consisting primarily of commissions, premium taxes, and certain other underwriting costs, reduced by ceding commissions, which vary with and relate directly to the production of business. We amortize these deferred policy acquisition costs over the period in which we earn the premiums. The method we follow in computing deferred policy acquisition costs limits the amount of such deferred costs to their estimated realizable value, which gives effect to the premium to be earned, related investment income, losses and loss adjustment expenses, and certain other costs we expect to incur as we earn the premium. Property and Equipment We report property and equipment at cost less accumulated depreciation. Depreciation is computed using the straight-line method based upon estimated useful lives of the assets. Losses and Loss Adjustment Expenses Liabilities for unpaid losses and loss adjustment expenses are estimates at a given point in time of the amounts we expect to pay with respect to policyholder claims based on facts and circumstances then known. At the time of establishing our estimates, we recognize that our ultimate liability for losses and loss adjustment expenses will exceed or be less than such estimates. We base our estimates of liabilities for unpaid losses and loss adjustment expenses on assumptions as to future loss trends, expected claims severity, judicial theories of liability, and other factors. During the loss adjustment period, we may learn additional facts regarding certain claims, and, consequently, it often becomes necessary for us to refine and adjust our estimates of the liability. We reflect any adjustments to our liabilities for unpaid losses and loss adjustment expenses in our operating results in the period in which we determine the need for a change in the estimates. We maintain liabilities for unpaid losses and loss adjustment expenses with respect to both reported and unreported claims. We establish these liabilities for the purpose of covering the ultimate costs of settling all losses, including investigation and litigation costs. We base the amount of our liability for reported losses primarily upon a case-by-case evaluation of the type of risk involved, knowledge of the circumstances surrounding each claim, and the insurance policy provisions relating to the type of loss our policyholder incurred. We determine the amount of our liability for unreported losses and loss adjustment expenses on the basis of historical information by line of insurance. Inflation is not explicitly selected in the loss reserve analysis. However, historical inflation is embedded in the estimated loss development factors. We closely monitor our liabilities and update them periodically using new information on reported claims and a variety of statistical techniques. We do not discount our liabilities for unpaid losses and loss adjustment expenses. Reserve estimates can change over time because of unexpected changes in assumptions related to our external environment and, to a lesser extent, assumptions as to our internal operations. Assumptions related to our external environment include the absence of significant changes in tort law and the legal environment which may impact liability exposure, the trends in judicial interpretations of insurance coverage and policy provisions, and the rate of loss cost inflation. Internal assumptions include consistency in the recording of premium and loss statistics, consistency in the recording of claims, payment and case reserving methodologies, accurate measurement of the impact of rate changes and changes in policy provisions, consistency in the quality and characteristics of business written within a given line of business, and consistency in reinsurance coverage and collectability of reinsured losses, among other items. To the extent we determine that underlying factors impacting our assumptions have changed, we attempt to make appropriate adjustments for such changes in our reserves. Accordingly, our ultimate liability for unpaid losses and loss adjustment expenses will likely differ from the amount recorded. Income Taxes With the exception of Battle Creek, which files a stand-alone federal income tax return, we currently file a consolidated federal income tax return which includes NI Holdings and its wholly-owned subsidiaries. Direct Auto and Westminster became part of the consolidated federal income tax return as of their acquisition dates. Insurance companies typically pay state premium taxes rather than state income taxes. However, Direct Auto is subject to state income taxes in the state of Illinois, in addition to state premium taxes. Additionally, NI Holdings, on a stand-alone basis, pays state income taxes to the state of North Dakota for income or losses generated as a separate financial entity. While state premium taxes are included as a part of amortization of deferred policy acquisition costs, state income taxes are combined with federal income taxes within the financial reporting category labeled income taxes. 82 Table of Contents The Company did not have any material uncertain tax positions. The Company’s policy is to recognize tax-related interest and penalties accrued related to unrecognized benefits as a component of income tax expense (benefit). The Company did not recognize any tax-related interest and penalties, nor did it have any tax-related interest or penalties accrued as of December 31, 2020 and 2019. We account for deferred income taxes using the asset and liability method. The objective of the asset and liability method is to establish deferred income tax assets and liabilities for the temporary differences between the financial reporting basis and the income tax basis of our assets and liabilities at enacted tax rates expected to be in effect when we realize or settle such amounts. We re-measure existing deferred income tax assets (including loss carryforwards) and liabilities when a change in tax rate occurs, and record an offset for the net amount of the change as a component of income tax expense from continuing operations in the period of enactment. We also record any change to a previously recorded valuation allowance as a result of re-measuring existing temporary differences and loss carryforwards as a component of income tax expense from continuing operations. The Company has elected to reclassify any tax effects stranded in accumulated other comprehensive income as a result of a change in income tax rates to retained earnings. Credit Risk Our primary investment objective is to earn competitive returns by investing in a diversified portfolio of securities. Our portfolio of fixed income securities and, to a lesser extent, short-term investments, is subject to credit risk. We define this risk as the potential loss in fair value resulting from adverse changes in the borrower’s ability to repay the debt. We manage this risk by performing an analysis of prospective investments and through regular reviews of our portfolio by our management team and investment advisors. We also limit the amount of our total investment portfolio that we invest in any one security. Property and liability insurance coverages are marketed through captive agents in North Dakota and through independent insurance agencies located throughout all other operating areas. All business, except for the majority of Direct Auto’s business, is billed directly to the policyholders. We maintain cash balances primarily at one bank, which are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250. During the normal course of business, balances are maintained above the FDIC insurance limit. The Company maintains short-term investment balances in investment grade money market accounts that are insured by the Securities Investor Protection Corporation (“SIPC”) up to $500. On occasion, balances for these accounts are maintained in excess of the SIPC insurance limit. Reinsurance The Company limits the maximum net loss that can arise from large risks or risks in concentrated areas of exposure by reinsuring (ceding) certain levels of risks to other insurers or reinsurers, either on an automatic basis under general reinsurance contracts known as “treaties” or by negotiation on substantial individual risks. Ceded reinsurance is treated as the risk and liability of the assuming companies. Reinsurance contracts do not relieve the Company from its obligations to policyholders. In the event that all or any of the reinsuring companies might be unable to meet their obligations under existing reinsurance agreements, the Company would be liable for such defaulted amounts. Goodwill and Other Intangibles Goodwill represents the excess of the purchase price over the underlying fair value of acquired entities. When completing acquisitions, we seek also to identify separately identifiable intangible assets that we have acquired. We assess goodwill and other intangibles with an indefinite useful life for impairment annually. We also assess goodwill and other intangibles for impairment upon the occurrence of certain events. In making our assessment, we consider a number of factors including operating results, business plans, economic projections, anticipated future cash flows, and current market data. Inherent uncertainties exist with respect to these factors and to our judgment in applying them when we make our assessment. Impairment of goodwill and other intangibles could result from changes in economic and operating conditions in future periods. We did not record any impairments of goodwill or other intangibles during the years ended December 31, 2020, 2019, or 2018. Goodwill arising from the acquisition of Primero in 2014 represents the excess of the purchase price over the fair value of the net assets acquired. The purchase price in excess of the fair value of net assets acquired was negotiated at arms-length with an unrelated party and was based upon the strategic decision by Company management to expand both the geographic footprint and product lines of the Company. The nature of the business acquired was such that there were limited intangibles not reflected in the net assets acquired. The purchase price was paid with a combination of cash and cancellation of obligations owed to the acquired company by the sellers. The goodwill that arose from this transaction is included in the basis of the net assets acquired and is not deductible for income tax purposes. 83 Table of Contents Intangible assets arising from the acquisition of Direct Auto in 2018 represent the estimated fair values of certain intangible assets, including a favorable lease contract, a state insurance license, the value of the Direct Auto trade name, and the value of business acquired (“VOBA”). The state insurance license asset has an indefinite life, while the favorable lease contract, Direct Auto trade name, and VOBA assets will be amortized over eighteen months, five years, and twelve months, respectively, from the August 31, 2018 acquisition/valuation date. Goodwill arising from the acquisition of Westminster in January 2020 represents the excess of the purchase price over the fair value of the net assets acquired. The purchase price in excess of the fair value of net assets acquired was negotiated at arms-length with an unrelated party and was based upon the strategic decision by Company management to expand both the geographic footprint and commercial business product line of the Company. Other intangible assets arising from the acquisition of Westminster represent the estimated fair values of certain intangible assets, including state insurance licenses, the value of Westminster’s distribution network, the value of the Westminster trade name, and the VOBA. The state insurance license asset has an indefinite life, while the distribution networks asset, Westminster trade name, and VOBA assets will be amortized over twenty years, ten years, and twelve months, respectively, from the January 1, 2020 acquisition/valuation date.

Acquisitions

Acquisitions	12 Months Ended
	Dec. 31, 2020
Business Combinations [Abstract]
Acquisitions	4. Acquisitions Direct Auto Insurance Company: On August 31, 2018, the Company completed the acquisition of 100% of the common stock of Direct Auto from the private shareholders of Direct Auto, and Direct Auto became a consolidated subsidiary of the Company. Direct Auto is a property and casualty insurance company specializing in non-standard automobile insurance in the state of Illinois. The Company realized a $4,578 gain on the purchase of Direct Auto due to the use of applicable purchase accounting guidance (known as a “bargain purchase”). Direct Auto remains headquartered in Chicago, Illinois and continues to be led by its president (who was also one of the principal shareholders) and other key management in place at the time of the acquisition. The results of Direct Auto are included as part of the Company’s non-standard auto business segment following the closing date. We account for business acquisitions in accordance with the acquisition method of accounting, which requires, among other things, that most assets acquired, liabilities assumed, and contingent consideration be recognized at their fair values as of the acquisition date, which is the closing date for the Direct Auto transaction. During the measurement period, adjustments to provisional purchase price allocations are recognized if new information is obtained about the facts and circumstances that existed as of the acquisition date that, if known, would have resulted in the recognition of those assets and liabilities as of that date. The measurement period ends as soon as it is determined that no more information is obtainable, but in no case shall the measurement period exceed one year from the acquisition date. The Company did not make any adjustments during this period. We assigned fair values to the acquired intangibles consisting of favorable lease contract, state insurance license, Direct Auto trade name, and VOBA of $20, $100, $248, and $5,134, respectively. The state insurance license has an indefinite life, while the other intangibles will be amortized over useful lives of up to five years. During the year ended December 31, 2018, the acquired Direct Auto business contributed revenues of $14,178, and net income of $2,979, to the Company. The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2018: Pro Forma Year Ended December 31, 2018 Revenues $ 237,346 Net income attributable to NI Holdings, Inc. 27,166 Basic earnings per common share attributable to NI Holdings, Inc. 1.21 The Company did not reflect any material, nonrecurring pro forma adjustments directly attributable to the business combination to the above pro forma revenue and earnings. These pro forma amounts have been calculated after applying the Company’s accounting policies and adjusting the results of Direct Auto’s operations to reflect the deferral and amortization of policy acquisition costs and the additional amortization that would have been charged assuming the fair value adjustments to intangibles had been applied from January 1, 2018, with the related income tax effects. In 2018, the Company incurred $118 of acquisition-related costs. These expenses did not impact the pro forma amounts presented above. 84 Table of Contents The Company paid $17,000 in cash consideration to the private shareholders of Direct Auto. The acquisition of Direct Auto did not include any contingent consideration. The following table summarizes the consideration transferred to acquire Direct Auto and the amounts of identified assets acquired and liabilities assumed at the acquisition date: Fair Value of Consideration: Total cash consideration transferred $ 17,000 Fair Value of Identifiable Assets Acquired and Liabilities Assumed: Identifiable net assets: Cash and cash equivalents $ 44,485 Fixed income securities 11,414 Equity securities 14,634 Premiums and agents' balances receivable 5,849 Accrued investment income 63 Property and equipment 31 Favorable lease contract (included in goodwill and other intangibles) 20 License (included in goodwill and other intangibles) 100 Trade name (included in goodwill and other intangibles) 248 Value of business acquired (included in goodwill and other intangibles) 5,134 Other assets 107 Unpaid losses and loss adjustment expenses (40,967 ) Unearned premiums (15,955 ) Federal income tax payable (1,486 ) Deferred income taxes, net (1,442 ) Accrued expenses and other liabilities (657 ) Total identifiable net assets $ 21,578 Gain on bargain purchase $ 4,578 The fair value of the assets acquired includes premiums and agents’ balances receivable of $5,849. This is the gross amount due from policyholders and agents, none of which is anticipated to be uncollectible. The Company did not acquire any other material class of receivable as a result of the acquisition of Direct Auto. The gain realized on bargain purchase of $4,578 from the Direct Auto acquisition is included in fee and other income in the Company’s Consolidated Statements of Operations for the year ended December 31, 2018. Westminster American Insurance Company: On January 1, 2020, the Company completed the acquisition of 100% of the common stock of Westminster from the private shareholder of Westminster, and Westminster became a consolidated subsidiary of the Company. Westminster is a property and casualty insurance company specializing in multi-peril commercial insurance in nine states and the District of Columbia. Westminster remains headquartered in Owings Mills, Maryland, and continues to be led by its president and other key management in place at the time of the acquisition. The results of Westminster are included as part of the Company’s commercial business segment following the closing date. We account for business acquisitions in accordance with the acquisition method of accounting, which requires, among other things, that most assets acquired, liabilities assumed, and contingent consideration be recognized at their fair values as of the acquisition date, which is the closing date for the Westminster transaction. During the measurement period, adjustments to provisional purchase price allocations are recognized if new information is obtained about the facts and circumstances that existed as of the acquisition date that, if known, would have resulted in the recognition of those assets and liabilities as of that date. The measurement period ends as soon as it is determined that no more information is obtainable, but in no case shall the measurement period exceed one year from the acquisition date. The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2019: Pro Forma Year Ended December 31, 2019 Revenues $ 292,858 Net income attributable to NI Holdings, Inc. 24,394 Basic earnings per common share attributable to NI Holdings, Inc. 1.10 The Company did not reflect any material, nonrecurring pro forma adjustments directly attributable to the business combination in the above pro forma revenue and earnings. These pro forma amounts have been calculated after applying the Company’s accounting policies and adjusting the results of Westminster to reflect the deferral and amortization of policy acquisition costs and the additional amortization that would have been charged assuming the fair value adjustments to intangible assets had been applied from January 1, 2019, with the related income tax effects. The Company incurred acquisition-related costs of $828 during the year ended December 31, 2020, and $83 during the year ended December 31, 2019. These expenses were reclassified to occur in first quarter 2019 in the pro forma amounts presented above. The Company paid $20,000 in cash consideration to the private shareholder of Westminster as of the closing date, and will pay 85 Table of Contents an additional $20,000 in three equal annual installments. The acquisition of Westminster did not include any contingent consideration other than a provision regarding future changes to federal income tax rates. The following table summarizes the consideration transferred to acquire Westminster and the amounts of identified assets acquired and liabilities assumed at the acquisition date: Fair Value of Consideration: Cash consideration transferred $ 20,000 Present value of future cash consideration 18,787 Total cash consideration $ 38,787 Fair Value of Identifiable Assets Acquired and Liabilities Assumed: Identifiable net assets: Cash and cash equivalents $ 19,297 Fixed income securities 12,073 Equity securities 2,705 Other investments 735 Premiums and agents' balances receivable 8,507 Reinsurance recoverables on losses 763 Accrued investment income 70 Property and equipment 2,376 Federal income tax recoverable 138 State insurance licenses (included in goodwill and other intangibles) 1,800 Distribution network (included in goodwill and other intangibles) 6,700 Trade name (included in goodwill and other intangibles) 500 Value of business acquired (included in goodwill and other intangibles) 4,750 Other assets 76 Unpaid losses and loss adjustment expenses (8,568 ) Unearned premiums (16,611 ) Deferred income taxes, net (1,583 ) Reinsurance premiums payable (565 ) Accrued expenses and other liabilities (1,132 ) Total identifiable net assets $ 32,031 Goodwill $ 6,756 The fair value of the assets acquired includes premiums and agents’ balances receivable of $8,507 and reinsurance recoverables on losses of $763. These are the gross amounts due from policyholders and reinsurers, respectively, none of which are anticipated to be uncollectible. The Company did not acquire any other material class of receivable as a result of the acquisition of Westminster. We have completed our final analysis of the assets and liabilities acquired and assigned fair values to the acquired distribution network, state insurance licenses, Westminster trade name, and VOBA intangible assets of $6,700, $1,800, $500, and $4,750, respectively. The state insurance license intangible has an indefinite life, while the other intangible assets will be amortized over useful lives of up to twenty years. The goodwill is not deductible for income tax purposes.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Summary of Recent Accounting Pronouncements	5. Recent Accounting Pronouncements As an emerging growth company, we have elected to use the extended transition period for complying with any new or revised financial accounting standards pursuant to Section 13(a) of the Exchange Act. The following discussion includes effective dates for both public business entities and emerging growth companies, as well as whether specific guidance may be adopted early. Adopted In January 2019, the Company adopted amended guidance from the Financial Accounting Standards Board (“FASB”) that generally requires entities to measure equity securities at fair value and recognize changes in fair value in their results of operations. The FASB issued other impairment, disclosure, and presentation improvements related to financial instruments within the guidance. Effective January 1, 2019, we applied this guidance, which resulted in a cumulative-effect reclassification of after-tax unrealized net capital gains aggregating $8,184, from accumulated other comprehensive income to retained earnings. This reclassification had no impact to the Company’s results of operations at the date of adoption. The after-tax change in accounting for equity securities did not affect the Company’s total shareholders’ equity; however, the unrealized net capital gains reclassified at the transition date to retained earnings will never be recognized in net income. Prior year financial statements were not restated. Going forward, the accounting used for equity securities will record the market fluctuations attributed to equity securities through our results of operations rather than as a component of other comprehensive income, which will add a level of volatility to our net income. In December 2019, the Company adopted guidance from the FASB that establishes the manner in which an entity recognizes the amount of revenue to which it expects to be entitled for the transfer of promised goods or services to customers. While the guidance replaces most existing GAAP revenue recognition guidance, the scope of the guidance excludes insurance contracts. The Company has reviewed its sources of revenues, and has determined that no material revenues are derived from non-insurance contracts and thus subject to the new revenue recognition guidance. As a result, there was no impact to the Company’s financial position, results of operations, or cash flows. 86 Table of Contents In December 2019, the Company adopted amended guidance from the FASB that addressed diversity in how certain cash receipts and cash payments are presented and classified in the Consolidated Statement of Cash Flows, and the presentation of restricted cash in the Consolidated Statement of Cash Flows. The amendments provided clarity on the treatment of eight specifically defined types of cash inflows and outflows, and requires entities to explain the changes during a reporting period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. There was no impact to the Company’s financial position, results of operations, or cash flows. In January 2020, the Company adopted amended guidance from the FASB that shortened the amortization period of premiums on certain fixed income securities held at a premium to the earliest call date rather than through the maturity date of the callable security. The adoption of this guidance did not materially impact the Company’s financial position, results of operations, or cash flows. In March 2020, the Company adopted modified disclosure requirements from the FASB relating to the fair value of assets and liabilities. The modifications primarily related to Level 3 fair value measurements. The Company does not currently carry any Level 3 assets or liabilities. As a result, there was no impact to the Company’s financial statement disclosures. Not Yet Adopted In February 2016, the FASB issued new guidance that requires lessees to recognize leases, including operating leases, on the lessee’s Consolidated Balance Sheet, unless a lease is considered a short-term lease. The new guidance also requires entities to make new judgments to identify leases. In July 2018, the FASB issued additional guidance to allow an optional transition method. An entity may apply the new leases guidance at the beginning of the earliest period presented in the financial statements, or at the adoption date and recognize a cumulative-effect adjustment to the opening balance of retained earnings in the period of adoption. The new guidance, which replaces the current lease guidance, is effective for annual and interim reporting periods beginning after December 15, 2018 for public business entities. For private companies and emerging growth companies, this guidance is effective for annual reporting periods beginning after December 15, 2021 and interim periods within fiscal years beginning after December 15, 2022. Early adoption is permitted for all entities. We do not expect the adoption of this new guidance to have a significant impact on our financial position, results of operations, or cash flows. Upon adoption, the Company will recognize a right of use asset and operating lease liabilities on its consolidated balance sheet. The cumulative adjustment to retained earnings is not expected to be significant. In June 2016, the FASB issued a new standard that will require timelier recording of credit losses on loans and other financial instruments held by financial institutions and other organizations. The guidance will require the measurement of all expected credit losses for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better form their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the full amount of expected credit losses. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. Additionally, the guidance requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. Finally, the guidance amends the accounting for credit losses on available-for-sale fixed income securities and purchased financial assets with credit deterioration. The guidance is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019 for filers with the Securities and Exchange Commission (“SEC”) excluding smaller reporting companies, and emerging growth companies that did not relinquish private company relief. For all other entities, this guidance is effective for annual reporting periods beginning after December 15, 2022 and interim periods within those fiscal years. Early adoption is permitted for all entities. Based on our evaluation, adoption of this new standard will not have a significant impact on our financial position, results of operations, and cash flows. 87 Table of Contents In December 2019, the FASB issued amended guidance to simplify the accounting for income taxes. The amended guidance is effective for fiscal years beginning after December 15, 2020, including interim periods within those fiscal years, for public business entities. For private companies and emerging growth companies, this amended guidance is effective for fiscal years beginning after December 15, 2021, and interim periods within fiscal years beginning after December 15, 2022. Early adoption is permitted, including adoption in an interim period. We are evaluating the impact this new guidance will have on our financial position, results of operations, and cash flows.

Investments

Investments	12 Months Ended
	Dec. 31, 2020
Marketable Securities [Abstract]
Investments	6. Investments The amortized cost and estimated fair value of fixed income securities as of December 31, 2020 and 2019 were as follows: December 31, 2020 Cost or Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed income securities: U.S. Government and agencies $ 13,334 $ 1,055 $ (6 ) $ 14,383 Obligations of states and political subdivisions 61,001 3,278 (35 ) 64,244 Corporate securities 119,826 8,755 (147 ) 128,434 Residential mortgage-backed securities 35,017 1,478 (1 ) 36,494 Commercial mortgage-backed securities 23,976 1,700 (21 ) 25,655 Asset-backed securities 50,751 535 (86 ) 51,200 Total fixed income securities $ 303,905 $ 16,801 $ (296 ) $ 320,410 December 31, 2019 Cost or Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed income securities: U.S. Government and agencies $ 17,078 $ 472 $ (4 ) $ 17,546 Obligations of states and political subdivisions 55,232 1,511 (91 ) 56,652 Corporate securities 109,457 3,772 (16 ) 113,213 Residential mortgage-backed securities 50,458 1,050 (22 ) 51,486 Commercial mortgage-backed securities 26,450 658 (51 ) 27,057 Asset-backed securities 30,029 132 (170 ) 29,991 Total fixed income securities $ 288,704 $ 7,595 $ (354 ) $ 295,945 89 Table of Contents The amortized cost and estimated fair value of fixed income securities by contractual maturity are shown below. Actual maturities could differ from contractual maturities because issuers of the securities may have the right to call or prepay certain obligations, which may or may not include call or prepayment penalties. December 31, 2020 Amortized Cost Fair Value Due to mature: One year or less $ 17,722 $ 17,933 After one year through five years 86,709 91,457 After five years through ten years 59,408 64,987 After ten years 30,322 32,684 Mortgage / asset-backed securities 109,744 113,349 Total fixed income securities $ 303,905 $ 320,410 December 31, 2019 Amortized Cost Fair Value Due to mature: One year or less $ 19,567 $ 19,663 After one year through five years 84,937 87,134 After five years through ten years 55,927 58,466 After ten years 21,336 22,148 Mortgage / asset-backed securities 106,937 108,534 Total fixed income securities $ 288,704 $ 295,945 Fixed income securities with a fair value of $6,093 at December 31, 2020 and $5,585 at December 31, 2019 were deposited with various state regulatory agencies as required by law. The Company has not pledged any assets to secure any obligations. 90 Table of Contents The investment category and duration of the Company’s gross unrealized losses on fixed income securities and equity securities were as follows: December 31, 2020 Less than 12 Months Greater than 12 months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed income securities: U.S. Government and agencies $ 931 $ (6 ) $ — $ — $ 931 $ (6 ) Obligations of states and political subdivisions 1,806 (35 ) — — 1,806 (35 ) Corporate securities 3,215 (97 ) 734 (50 ) 3,949 (147 ) Residential mortgage-backed securities 68 (1 ) — — 68 (1 ) Commercial mortgage-backed securities 1,103 (21 ) — — 1,103 (21 ) Asset-backed securities 5,785 (31 ) 4,188 (55 ) 9,973 (86 ) Total fixed income securities $ 12,908 $ (191 ) $ 4,922 $ (105 ) $ 17,830 $ (296 ) December 31, 2019 Less than 12 Months Greater than 12 months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed income securities: U.S. Government and agencies $ 494 $ (4 ) $ — $ — $ 494 $ (4 ) Obligations of states and political subdivisions 8,018 (91 ) — — 8,018 (91 ) Corporate securities 2,066 (15 ) 650 (1 ) 2,716 (16 ) Residential mortgage-backed securities 2,911 (9 ) 2,583 (13 ) 5,494 (22 ) Commercial mortgage-backed securities 4,841 (35 ) 653 (16 ) 5,494 (51 ) Asset-backed securities 8,511 (96 ) 7,686 (74 ) 16,197 (170 ) Total fixed income securities $ 26,841 $ (250 ) $ 11,572 $ (104 ) $ 38,413 $ (354 ) 91 Table of Contents Investments with unrealized losses are categorized with a duration of greater than 12 months when all positions of a security have continually been in a loss position for at least 12 months. We frequently review our investment portfolio for declines in fair value. Our process for identifying declines in the fair value of investments that are other than temporary involves consideration of several factors. These factors include (i) the time period in which there has been a significant decline in value, (ii) an analysis of the liquidity, business prospects, and overall financial condition of the issuer, (iii) the significance of the decline, and (iv) our intent and ability to hold the investment for a sufficient period of time for the value to recover. When our analysis of the above factors results in the conclusion that declines in fair values are other than temporary, the cost of the securities is written down to fair value and the previously unrealized loss is therefore reflected as a realized capital loss on investment. The Company did not record any OTTI in 2020 or 2019. The Company recorded OTTI of $382 in the year ended December 31, 2018. As of December 31, 2020, we held 67 fixed income securities with unrealized losses. As of December 31, 2019, we held 88 fixed income securities with unrealized losses. In conjunction with our outside investment advisors, we analyzed the credit ratings of the securities as well as the historical monthly amortized cost to fair value ratio of securities in an unrealized loss position. This analysis yielded no fixed income securities that had fair values less than 80% of amortized cost for the preceding 12-month period. Net investment income consisted of the following: Year Ended December 31, 2020 2019 2018 Fixed income securities $ 8,682 $ 8,394 $ 6,975 Equity securities 1,220 996 934 Real estate 587 365 364 Cash and cash equivalents 30 71 111 Total gross investment income 10,519 9,826 8,384 Investment expenses 3,248 2,393 2,204 Net investment income $ 7,271 $ 7,433 $ 6,180 Net realized capital gain on investments consisted of the following: Year Ended December 31, 2020 2019 2018 Gross realized gains: Fixed income securities $ 1,035 $ 341 $ 72 Equity securities 8,705 4,311 5,890 Total gross realized gains 9,740 4,652 5,962 Gross realized losses, excluding other-than-temporary impairment losses: Fixed income securities (132 ) (147 ) (426 ) Equity securities (1,837 ) (1,259 ) (1,180 ) Total gross realized losses, excluding other-than-temporary impairment losses​​ (1,969 ) (1,406 ) (1,606 ) Other-than-temporary impairment losses — — (382 ) Net realized gain on investments 7,771 3,246 3,974 Change in net unrealized gain on equity securities 5,853 11,537 — Net capital gain on investments $ 13,624 $ 14,783 $ 3,974

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2020
Investments, All Other Investments [Abstract]
Fair Value Measurements	7. Fair Value Measurements We maximize the use of observable inputs in our valuation techniques and apply unobservable inputs only to the extent that observable inputs are unavailable. The largest class of assets and liabilities carried at fair value by the Company at December 31, 2020 and 2019 were fixed income securities. Prices provided by independent pricing services and independent broker quotes can vary widely, even for the same security. Our available-for-sale investments are comprised of a variety of different securities, which are classified into levels based on the valuation technique and inputs used in their valuation. The valuation of cash equivalents and equity securities are generally based on Level I inputs, which use the market-approach valuation technique. The valuation of our fixed income securities generally incorporates significant Level II inputs using the market and income approach techniques. We may assign a lower level to inputs typically considered to be Level II based on our assessment of liquidity and relative level of uncertainty surrounding inputs. There were no assets or liabilities classified at Level III at December 31, 2020 or 2019. The following tables set forth our assets which are measured on a recurring basis by the level within the fair value hierarchy in which fair value measurements fall: December 31, 2020 Total Level I Level II Level III Fixed income securities: U.S. Government and agencies $ 14,383 $ — $ 14,383 $ — Obligations of states and political subdivisions 64,244 — 64,244 — Corporate securities 128,434 — 128,434 — Residential mortgage-backed securities 36,494 — 36,494 — Commercial mortgage-backed securities 25,655 — 25,655 — Asset-backed securities 51,200 — 51,200 — Total fixed income securities 320,410 — 320,410 — Equity securities: Basic materials 1,285 1,285 — — Communications 7,455 7,455 — — Consumer, cyclical 9,929 9,929 — — Consumer, non-cyclical 14,633 14,633 — — Energy 1,499 1,499 — — Financial 6,235 6,235 — — Industrial 12,733 12,733 — — Technology 16,145 16,145 — — Utility 38 38 — — Total equity securities 69,952 69,952 — — Cash and cash equivalents 101,077 65,354 35,723 — Total assets at fair value $ 491,439 $ 135,306 $ 356,133 $ — 93 Table of Contents December 31, 2019 Total Level I Level II Level III Fixed income securities: U.S. Government and agencies $ 17,546 $ — $ 17,546 $ — Obligations of states and political subdivisions 56,652 — 56,652 — Corporate securities 113,213 — 113,213 — Residential mortgage-backed securities 51,486 — 51,486 — Commercial mortgage-backed securities 27,057 — 27,057 — Asset-backed securities 29,991 — 29,991 — Total fixed income securities 295,945 — 295,945 — Equity securities: Basic materials 1,210 1,210 — — Communications 6,996 6,996 — — Consumer, cyclical 9,612 9,612 — — Consumer, non-cyclical 12,567 12,567 — — Energy 2,456 2,456 — — Financial 5,929 5,929 — — Industrial 9,299 9,299 — — Technology 11,863 11,863 — — Total equity securities 59,932 59,932 — — Cash and cash equivalents 62,132 43,707 18,425 — Total assets at fair value $ 418,009 $ 103,639 $ 314,370 $ — There were no liabilities measured at fair value on a recurring basis at December 31, 2020 or 2019.

Reinsurance

Reinsurance	12 Months Ended
	Dec. 31, 2020
Reinsurance Disclosures [Abstract]
Reinsurance	8. Reinsurance The Company will assume and cede certain premiums and losses to and from various companies and associations under various reinsurance agreements. The Company seeks to limit the maximum net loss that can arise from large risks or risks in concentrated areas of exposure through use of these agreements, either on an automatic basis under general reinsurance contracts known as treaties or by negotiation on substantial individual risks. Reinsurance contracts do not relieve the Company from its obligation to policyholders. Additionally, failure of reinsurers to honor their obligations could result in significant losses to us. There can be no assurance that reinsurance will continue to be available to us at the same extent, and at the same cost, as it has in the past. The Company may choose in the future to reevaluate the use of reinsurance to increase or decrease the amounts of risk ceded to reinsurers. As a group, during the year ended December 31, 2020, the Company retained the first $10,000 of weather-related losses from catastrophic events and had reinsurance under various reinsurance agreements up to $97,000 in excess of its $10,000 retained risk. As a group, during the year ended December 31, 2019, the Company retained the first $10,000 of weather-related losses from catastrophic events and had reinsurance under various reinsurance agreements up to $78,600 in excess of its $10,000 retained risk. During the year ended December 31, 2018, the Company retained the first $10,000 of weather-related losses from catastrophic events and had reinsurance under various reinsurance agreements up to $74,600 in excess of its $10,000 retained risk. For 2021, the catastrophe retention amount remains at $10,000 while the overall catastrophic reinsurance program limit increased to $117,000 in excess of the $10,000 retention. The Company actively monitors and evaluates the financial condition of the reinsurers and develops estimates of the uncollectible amounts due from reinsurers. Such estimates are made based on periodic evaluation of balances due from reinsurers, judgments regarding reinsurers’ solvency, known disputes, reporting characteristics of the underlying reinsured business, historical experience, current economic conditions, and the state of reinsurer relations in general. Collection risk is mitigated from reinsurers by entering into reinsurance arrangements only with reinsurers that have strong credit ratings and statutory surplus above certain levels. The Company’s reinsurance recoverables on paid and unpaid losses were due from reinsurance companies with A.M. Best ratings of “A” or higher. A reconciliation of direct to net premiums on both a written and an earned basis is as follows: 2020 2019 2018 Premiums Written Premiums Earned Premiums Written Premiums Earned Premiums Written Premiums Earned Direct premium $ 314,187 $ 301,061 $ 262,145 $ 257,661 $ 225,223 $ 219,600 Assumed premium 6,590 6,459 5,921 5,897 6,441 6,514 Ceded premium (23,633 ) (23,859 ) (17,120 ) (17,120 ) (30,394 ) (30,394 ) Net premiums $ 297,144 $ 283,661 $ 250,946 $ 246,438 $ 201,270 $ 195,720 Percentage of assumed premium earned to direct premium earned 2.1% 2.3% 3.0% A reconciliation of direct to net losses and loss adjustment expenses is as follows: 2020 2019 2018 Direct losses and loss adjustment expenses $ 185,370 $ 173,943 $ 119,894 Assumed losses and loss adjustment expenses 3,308 4,032 3,399 Ceded losses and loss adjustment expenses (20,205 ) (8,265 ) (4,205 ) Net losses and loss adjustment expenses $ 168,473 $ 169,710 $ 119,088 If 100% of our ceded reinsurance was cancelled as of December 31, 2020, no ceded commissions would need to be returned to the reinsurers. Reinsurance contracts are typically effective from January 1 through December 31 each year.

Deferred Policy Acquisition Cos

Deferred Policy Acquisition Costs	12 Months Ended
	Dec. 31, 2020
Deferred Policy Acquisition Costs Disclosures [Abstract]
Deferred Policy Acquisition Costs	9. Deferred Policy Acquisition Costs Activity with regards to our deferred policy acquisition costs was as follows: Year Ended December 31, 2020 2019 2018 Balance, beginning of year $ 15,399 $ 12,866 $ 8,859 Deferral of policy acquisition costs 60,041 48,721 35,863 Amortization of deferred policy acquisition costs (51,472 ) (46,188 ) (31,856 ) Balance, end of year $ 23,968 $ 15,399 $ 12,866

Unpaid Losses and Loss Adjustme

Unpaid Losses and Loss Adjustment Expenses	12 Months Ended
	Dec. 31, 2020
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]
Unpaid Losses and Loss Adjustment Expenses	10. Unpaid Losses and Loss Adjustment Expenses Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Year Ended December 31, 2020 2019 2018 Balance at beginning of year: Liability for unpaid losses and loss adjustment expenses $ 93,250 $ 87,121 $ 45,890 Reinsurance recoverables on losses 4,045 2,232 4,128 Net balance at beginning of year 89,205 84,889 41,762 Acquired unpaid losses and loss adjustment expenses related to: Current year — — 17,795 Prior years 8,568 — 23,172 Total acquired 8,568 — 40,967 Incurred related to: Current year 165,181 176,219 119,677 Prior years 3,292 (6,509 ) (589 ) Total incurred 168,473 169,710 119,088 Paid related to: Current year 116,755 125,940 92,175 Prior years 52,451 39,454 24,753 Total paid 169,206 165,394 116,928 Balance at end of year: Liability for unpaid losses and loss adjustment expenses 105,750 93,250 87,121 Reinsurance recoverables on losses 8,710 4,045 2,232 Net balance at end of year $ 97,040 $ 89,205 $ 84,889 During the year ended December 31, 2020, the Company’s reported losses and LAE included $3,292 of net unfavorable development on prior accident years, compared to $6,509 of net favorable development on prior accident years during the year ended December 31, 2019. Increases and decreases are generally the result of ongoing analysis of recent loss development trends. As additional information becomes known regarding individual claims, original estimates are increased or decreased accordingly. The net unfavorable development reported for the year ended December 31, 2020 was primarily attributable to our 2019 multi-peril crop business. 96 Table of Contents The following tables present information, organized by our primary operating segments, about incurred and paid claims development as of December 31, 2020, net of reinsurance, as well as cumulative claim frequency and the total of IBNR reserves plus expected development on reported claims. The cumulative number of reported claims represents open claims, claims closed with payment, and claims closed without payment. It does not include an estimated amount for unreported claims. The number of claims is measured by claim event (such as a car accident or storm damage) and an individual claim event may result in more than one reported claim (such as a car accident with both property and liability damages). The Company considers a claim that does not result in a liability as a claim closed without payment. The segment information presented in the tables is prior to the effects of the intercompany reinsurance pooling agreement. The tables include unaudited information about incurred and paid claims development (a) for the years ended December 31, 2011 through 2015 for the Private Passenger Auto, Primero Non-Standard Auto, Home and Farm, and Crop segments, (b) through 2017 for the Direct Auto Non-Standard Auto information, and (c) through 2019 for the Westminster Commercial information, which we present as supplementary information. Private Passenger Auto Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 25,552 $ 24,126 $ 25,220 $ 24,409 $ 24,209 $ 23,967 $ 23,814 $ 23,826 $ 23,852 $ 23,785 — 11,485 2012 — 26,962 24,787 24,323 24,098 24,133 23,298 23,621 23,651 22,523 3 9,726 2013 — — 29,079 27,840 27,363 27,334 26,014 26,138 26,105 26,077 36 10,825 2014 — — — 32,548 31,349 30,427 29,099 29,144 29,298 29,479 115 11,744 2015 — — — — 32,438 31,532 30,461 30,503 30,679 30,455 230 11,687 2016 — — — — — 40,227 39,260 39,057 39,314 38,535 298 14,317 2017 — — — — — — 40,779 40,199 40,120 40,427 287 13,740 2018 — — — — — — — 44,925 43,428 43,641 591 14,651 2019 — — — — — — — — 53,769 53,328 1,279 16,451 2020 — — — — — — — — — 46,247 2,477 12,624 Total $ 354,497 (1) Private Passenger Auto Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 19,116 $ 22,161 $ 22,325 $ 23,024 $ 23,339 $ 23,583 $ 23,732 $ 23,747 $ 23,852 $ 23,785 2012 — 18,681 21,434 21,888 22,640 22,726 23,073 23,271 23,324 22,490 2013 — — 20,077 23,576 24,765 24,918 25,718 25,843 26,035 26,019 2014 — — — 22,744 25,727 27,076 27,443 28,281 28,765 29,239 2015 — — — — 23,401 27,171 28,933 29,598 29,795 30,120 2016 — — — — — 29,009 35,845 37,307 38,108 37,833 2017 — — — — — — 31,033 37,050 38,331 39,738 2018 — — — — — — — 34,358 40,213 41,479 2019 — — — — — — — — 42,414 48,414 2020 — — — — — — — — — 35,495 Total $ 334,612 All outstanding liabilities prior to 2011, net of reinsurance 14 Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 19,899 (1) 97 Table of Contents Non-Standard Auto (Primero) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 8,129 $ 8,173 $ 8,178 $ 8,191 $ 8,168 $ 8,168 $ 8,168 $ 8,178 $ 8,178 $ 8,178 — 1,939 2012 — 8,749 8,491 8,369 8,361 8,302 8,312 8,324 8,324 8,323 — 2,048 2013 — — 11,063 10,823 10,800 10,804 10,843 10,833 10,828 10,844 — 2,617 2014 — — — 7,297 7,619 7,591 7,577 7,612 7,625 7,606 — 1,838 2015 — — — — 9,727 9,806 9,655 9,691 9,641 9,622 — 1,793 2016 — — — — — 9,967 10,048 10,054 10,033 10,008 9 1,740 2017 — — — — — — 8,722 8,654 8,556 8,541 18 1,460 2018 — — — — — — — 10,445 11,804 11,763 40 1,791 2019 — — — — — — — — 12,264 11,391 163 1,490 2020 — — — — — — — — — 9,018 992 899 Total $ 95,294 (1) Non-Standard Auto (Primero) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 4,457 $ 7,445 $ 7,984 $ 8,146 $ 8,168 $ 8,168 $ 8,168 $ 8,178 $ 8,178 8,178 2012 — 4,377 7,522 7,983 8,276 8,302 8,312 8,324 8,324 8,323 2013 — — 6,320 9,675 10,508 10,717 10,805 10,815 10,818 10,844 2014 — — — 3,733 6,707 7,423 7,521 7,579 7,605 7,606 2015 — — — — 5,335 8,685 9,479 9,557 9,620 9,622 2016 — — — — — 5,409 8,882 9,790 9,912 9,974 2017 — — — — — — 4,348 7,660 8,204 8,460 2018 — — — — — — — 5,492 10,536 11,616 2019 — — — — — — — — 6,309 10,007 2020 — — — — — — — — — 4,111 Total $ 88,741 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 6,553 (1) 98 Table of Contents Non-Standard Auto (Direct Auto) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 5,296 $ 3,313 $ 3,134 $ 2,937 $ 2,902 $ 2,854 $ 2,874 $ 3,003 $ 2,983 $ 2,984 13 2,910 2012 — 7,164 4,159 3,927 3,916 4,215 4,643 4,909 4,930 5,009 27 3,357 2013 — — 10,596 6,020 5,869 5,261 5,278 5,160 5,049 5,131 18 3,372 2014 — — — 14,010 9,068 6,224 8,381 6,745 6,476 6,672 54 4,788 2015 — — — — 17,917 14,498 13,043 10,538 10,704 10,945 (219 ) 9,083 2016 — — — — — 20,547 14,660 13,552 13,956 12,876 (282 ) 11,159 2017 — — — — — — 23,376 18,621 15,858 14,648 (2,938 ) 11,671 2018 — — — — — — — 25,791 22,662 21,980 (501 ) 15,523 2019 — — — — — — — — 24,932 25,473 (1,678 ) 10,610 2020 — — — — — — — — — 24,036 (3,092 ) 12,902 Total $ 129,754 (1) Non-Standard Auto (Direct Auto) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 2019 2020 2011 $ 1,290 $ 1,890 $ 2,342 $ 2,590 $ 2,761 $ 2,830 $ 2,851 $ 2,925 $ 2,937 $ 2,939 2012 — 1,696 2,421 3,041 3,587 4,081 4,503 4,671 4,730 4,915 2013 — — 1,944 3,123 3,796 4,291 4,602 4,808 4,890 4,960 2014 — — — 2,201 3,573 4,452 5,369 5,781 6,151 6,327 2015 — — — — 2,967 5,202 7,057 8,327 9,560 10,057 2016 — — — — — 3,526 6,272 8,559 10,603 11,058 2017 — — — — — — 4,385 6,981 10,034 11,366 2018 — — — — — — — 6,034 12,285 15,204 2019 — — — — — — — — 10,203 16,214 2020 — — — — — — — — — 9,964 Total $ 93,004 All outstanding liabilities prior to 2011, net of reinsurance 33 Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 36,783 (1) 99 Table of Contents Home and Farm Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 31,948 $ 32,104 $ 32,113 $ 31,771 $ 31,684 $ 31,388 $ 31,306 $ 31,313 $ 31,312 $ 31,325 — 5,946 2012 — 25,179 24,439 24,320 24,091 24,081 24,079 24,088 24,086 24,324 — 3,631 2013 — — 29,976 29,217 28,531 28,315 28,286 28,315 27,593 27,588 — 4,189 2014 — — — 36,663 36,001 35,770 35,589 35,684 35,534 35,497 12 5,241 2015 — — — — 32,789 31,818 31,297 31,577 31,446 31,612 15 3,923 2016 — — — — — 45,825 44,510 44,945 44,602 44,728 91 6,346 2017 — — — — — — 42,110 41,593 41,886 41,779 204 4,932 2018 — — — — — — — 42,515 43,846 43,747 323 4,561 2019 — — — — — — — — 45,438 45,828 911 5,426 2020 — — — — — — — — — 36,264 2,416 3,721 Total $ 362,692 (1) Home and Farm Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 29,399 $ 33,019 $ 31,126 $ 31,460 $ 31,702 $ 31,277 $ 31,304 $ 31,313 $ 31,312 $ 31,325 2012 — 21,761 23,863 24,029 24,168 24,075 24,076 24,087 24,086 24,324 2013 — — 23,354 26,934 27,183 27,221 27,456 27,495 27,560 27,583 2014 — — — 32,207 35,199 35,219 35,371 35,481 35,482 35,485 2015 — — — — 27,204 30,164 30,350 30,573 31,383 31,597 2016 — — — — — 37,656 44,942 44,270 44,530 44,583 2017 — — — — — — 34,657 38,928 40,442 40,941 2018 — — — — — — — 37,881 42,814 43,178 2019 — — — — — — — — 38,709 43,253 2020 — — — — — — — — — 29,274 Total $ 351,543 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 11,149 (1) 100 Table of Contents Crop Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 55,094 $ 54,953 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ — 3,211 2012 — 13,546 13,676 13,673 13,673 13,673 13,673 13,673 13,673 13,673 — 2,137 2013 — — 40,976 39,665 39,665 39,665 39,665 39,665 39,665 39,665 — 2,097 2014 — — — 22,686 20,333 20,333 20,333 20,333 20,333 20,333 — 2,268 2015 — — — — 13,813 13,849 13,849 13,849 13,849 13,849 — 2,427 2016 — — — — — 20,209 19,582 19,487 19,487 19,487 — 2,806 2017 — — — — — — 33,733 34,181 34,181 34,181 — 2,968 2018 — — — — — — — 12,506 11,730 11,730 — 2,147 2019 — — — — — — — — 33,913 37,629 — 3,101 2020 — — — — — — — — — 28,688 22 2,339 Total $ 278,886 (1) Crop Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 57,741 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 2012 — 13,078 13,673 13,673 13,673 13,673 13,673 13,673 13,673 13,673 2013 — — 35,511 39,665 39,665 39,665 39,665 39,665 39,665 39,665 2014 — — — 17,788 20,333 20,333 20,333 20,333 20,333 20,333 2015 — — — — 12,866 13,849 13,849 13,849 13,849 13,849 2016 — — — — — 16,444 19,487 19,487 19,487 19,487 2017 — — — — — — 32,767 34,181 34,181 34,181 2018 — — — — — — — 10,764 11,730 11,730 2019 — — — — — — — — 26,332 37,629 2020 — — — — — — — — — 28,038 Total $ 278,236 All outstanding liabilities prior to 2010, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 650 (1) 101 Table of Contents Commercial (Westminster) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 (1) 2019 (1) 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 1,911 $ 1,740 $ 1,758 $ 1,828 $ 1,827 $ 1,821 $ 1,821 $ 1,821 $ 1,821 $ 1,848 — 137 2012 — 2,795 2,492 2,539 2,583 2,666 2,680 2,680 2,680 2,680 — 133 2013 — — 2,214 1,982 2,000 1,935 2,058 2,053 2,037 2,036 — 138 2014 — — — 4,385 4,274 4,286 4,428 4,450 4,443 4,445 10 272 2015 — — — — 3,082 3,258 4,019 4,218 4,293 4,238 2 278 2016 — — — — — 4,661 5,719 6,200 6,091 6,248 36 264 2017 — — — — — — 5,552 6,249 6,838 7,347 251 320 2018 — — — — — — — 10,358 11,177 12,414 628 476 2019 — — — — — — — — 11,658 13,051 1,269 399 2020 — — — — — — — — — 14,774 3,043 390 Total $ 69,081 (1) Commercial (Westminster) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 (1) 2019 (1) 2020 2011 $ 1,496 $ 1,718 $ 1,745 $ 1,758 $ 1,781 $ 1,821 $ 1,821 $ 1,821 $ 1,821 $ 1,848 2012 — 1,634 2,364 2,442 2,537 2,591 2,680 2,680 2,680 2,680 2013 — — 1,494 1,727 1,829 1,889 1,949 2,035 2,036 2,036 2014 — — — 3,330 3,921 4,151 4,269 4,395 4,403 4,410 2015 — — — — 2,126 2,794 3,332 3,950 4,206 4,231 2016 — — — — — 3,172 5,289 5,630 5,693 6,112 2017 — — — — — — 3,573 4,927 5,865 6,576 2018 — — — — — — — 6,494 9,472 10,591 2019 — — — — — — — — 6,294 9,925 2020 — — — — — — — — — 8,146 Total $ 56,555 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 12,526 (1) 102 Table of Contents Commercial (non-Westminster) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 1,937 $ 1,444 $ 1,414 $ 1,407 $ 1,429 $ 1,450 $ 1,433 $ 1,433 $ 1,433 $ 1,433 $ — 220 2012 — 1,600 1,125 1,001 988 985 970 969 969 970 — 142 2013 — — 2,690 2,637 2,566 2,548 2,508 2,511 2,511 2,511 — 227 2014 — — — 2,180 1,732 1,694 1,675 1,650 1,650 1,650 — 163 2015 — — — — 1,695 1,643 1,637 1,582 1,580 1,580 — 135 2016 — — — — — 2,683 2,526 2,515 2,516 2,512 — 288 2017 — — — — — — 2,530 2,513 2,510 2,497 — 167 2018 — — — — — — — 1,652 1,576 1,609 109 147 2019 — — — — — — — — 2,607 2,782 15 187 2020 — — — — — — — — — 2,293 250 116 Total $ 19,837 (1) Commercial (non-Westminster) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 1,054 $ 1,357 $ 1,322 $ 1,374 $ 1,393 $ 1,428 $ 1,433 $ 1,433 $ 1,433 $ 1,433 2012 — 776 932 985 969 969 970 969 969 970 2013 — — 2,520 2,751 2,530 2,504 2,508 2,511 2,511 2,511 2014 — — — 1,782 1,925 1,563 1,640 1,650 1,650 1,650 2015 — — — — 1,274 1,796 1,818 1,580 1,580 1,580 2016 — — — — — 1,822 2,806 2,498 2,512 2,512 2017 — — — — — — 1,530 2,465 2,497 2,497 2018 — — — — — — — 1,049 1,213 1,240 2019 — — — — — — — — 1,917 2,712 2020 — — — — — — — — — 1,543 Total $ 18,648 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 1,189 (1) 103 Table of Contents The following table presents a reconciliation of the net incurred and paid claims development tables to the liability for unpaid losses and loss adjustment expenses in our Consolidated Balance Sheet: December 31, 2020 Liabilities for unpaid losses and loss adjustment expenses: Private passenger auto $ 20,311 Non-standard auto (Primero) 6,553 Non-standard auto (Direct Auto) 36,783 Home and farm 11,737 Crop 771 Commercial (Westminster) 17,900 Commercial (non-Westminster) 1,189 All other 10,506 Total liabilities for unpaid losses and loss adjustment expenses 105,750 Reinsurance recoverables on losses: Private passenger auto 412 Non-standard auto (Primero) — Non-standard auto (Direct Auto) — Home and farm 588 Crop 121 Commercial (Westminster) 5,374 Commercial (non-Westminster) — All other 2,215 Total reinsurance recoverables on losses 8,710 Net liability for unpaid losses and loss adjustment expenses $ 97,040 The following table presents required supplementary information about average historical claims duration as of December 31, 2020: Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance Years 1 2 3 4 5 6 7 8 9 10 Private Passenger Auto 50.0% 19.2% 12.3% 6.7% 4.9% 3.3% 1.7% 1.4% 0.5% — Non-Standard Auto (Primero) 78.4% 16.3% 3.9% 1.0% 0.2% 0.1% 0.1% — — — Non-Standard Auto (Direct Auto) 34.5% 23.6% 16.2% 10.2% 6.4% 3.6% 2.4% 1.5% 0.8% 0.8% Home and Farm 52.6% 8.2% 9.5% 5.1% 1.7% 1.9% 7.2% 5.8% 8.0% — Crop 100.0% — — — — — — — — — Commercial (Westminster) 57.5% 23.1% 6.5% 9.4% 3.5% — — — — — Commercial (non-Westminster) 68.2% 13.2% 6.6% 4.0% 1.2% 1.5% 1.4% 0.9% 0.9% 2.2%

Property and Equipment

Property and Equipment	12 Months Ended
	Dec. 31, 2020
Property, Plant and Equipment [Abstract]
Property and Equipment	11. Property and Equipment Property and equipment consisted of the following: December 31, 2020 2019 Estimated Useful Life Cost: Real estate $ 15,313 $ 12,733 10 - 31 years Electronic data processing equipment 1,271 1,271 5-7 years Furniture and fixtures 2,867 2,796 5-7 years Automobiles 1,275 1,130 2-3 years Gross cost 20,726 17,930 Accumulated depreciation (10,827 ) (10,236 ) Total property and equipment, net $ 9,899 $ 7,694 Depreciation expense was $709, $538, and $492 during the years ended December 31, 2020, 2019 and 2018, respectively.

Goodwill and Other Intangibles

Goodwill and Other Intangibles	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangibles	12. Goodwill and Other Intangibles Goodwill The following table presents the carrying amount of the Company’s goodwill by segment: December 31, 2020 2019 Non-standard auto from acquisition of Primero $ 2,628 $ 2,628 Commercial from acquisition of Westminster 6,756 — Total $ 9,384 $ 2,628 Other Intangible Assets The following table presents the carrying amount of the Company’s other intangible assets: December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Subject to amortization: Trade names $ 748 $ 166 $ 582 Distribution network 6,700 372 6,328 Total subject to amortization 7,448 538 6,910 Not subject to amortization – state insurance licenses 1,900 - 1,900 Total $ 9,348 $ 538 $ 8,810 December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Subject to amortization: Trade names $ 248 $ 66 $ 182 Other 20 18 2 Total subject to amortization 268 84 184 Not subject to amortization – state insurance license 100 - 100 Total $ 368 $ 84 $ 284 Amortization expense was $5,224, $1,711, and $3,507 during the years ended December 31, 2020, 2019 and 2018, respectively. The VOBA intangible asset of $4,750 acquired in the Westminster transaction was fully amortized during 2020. Other intangible assets that have finite lives, including trade names and distribution networks, are amortized over their useful lives. The estimated amortization of other intangible assets with finite lives for the next five years and thereafter is as follows: Year ending December 31, Amount 2021 $ 472 2022 472 2023 455 2024 422 2025 422 Thereafter 4,667 Total other intangible assets with finite lives $ 6,910

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Related Party Transactions	13. Related Party Transactions Intercompany Reinsurance Pooling Arrangement Effective January 1, 2020, all of our insurance subsidiary and affiliate companies entered into an intercompany reinsurance pooling agreement. This agreement was finalized, approved, and implemented during the fourth quarter of 2020, retroactive to the January 1 effective date. Nodak Insurance is the lead company of the pool, and assumes the net premiums, net losses, and underwriting expenses from each of the other five companies. Nodak Insurance then retrocedes balances back to each company, while retaining its 105 Table of Contents own share of the pool’s net underwriting results, based on individual pool percentages established in the respective pooling agreement. This arrangement allows each insurance company to rely upon the capacity of the pool’s total statutory capital and surplus. As a result, they are evaluated by A.M. Best on a group basis and hold a single combined financial strength rating, long-term issuer credit rating, and financial size category. In connection with the pooling agreement, the quota share agreement between Battle Creek and Nodak Insurance was cancelled. As a result, the Company’s consolidated financial position and results of operations are impacted by the portion of Battle Creek’s underwriting results that are allocated to the policyholders of Battle Creek rather than the shareholders of NI Holdings. For the year ended December 31, 2020, the pooling share percentages by insurance company subsidiary were: Pool Percentage Nodak Insurance Company 66.0 % American West Insurance Company 7.0 % Primero Insurance Company 3.0 % Battle Creek Mutual Insurance Company 2.0 % Direct Auto Insurance Company 13.0 % Westminster American Insurance Company 9.0 % Total 100.0 % North Dakota Farm Bureau We were organized by the NDFB to provide insurance protection for its members. We have a royalty agreement with the NDFB that recognizes the use of their trademark and provides royalties to the NDFB based on the premiums written on Nodak Insurance’s insurance policies. Royalties paid to the NDFB were $1,370, $1,352, and $1,315 during the years ended December 31, 2020, 2019, and 2018 respectively. Royalty amounts payable of $113 and $115 were accrued as a liability to the NDFB at December 31, 2020 and 2019, respectively. During 2020, Nodak Insurance paid $1,129 of membership dues on behalf of its NDFB members in North Dakota in response to the COVID-19 pandemic. 106 Table of Contents Dividends State insurance laws require our insurance subsidiaries to maintain certain minimum capital and surplus amounts on a statutory basis. Our insurance subsidiaries are subject to regulations that restrict the payment of dividends from statutory surplus and may require prior approval from their domiciliary insurance regulatory authorities. Our insurance subsidiaries are also subject to risk-based capital (“RBC”) requirements that may further affect their ability to pay dividends. Our insurance subsidiaries statutory capital and surplus at December 31, 2020 exceeded the amount of statutory capital and surplus necessary to satisfy regulatory requirements, including the RBC requirements, by a significant margin. The amount available for payment of dividends from Nodak Insurance to NI Holdings during 2021 without the prior approval of the North Dakota Insurance Department is $21,628 based upon the policyholders’ surplus of Nodak Insurance at December 31, 2020. Prior to its payment of any extraordinary dividend, Nodak Insurance will be required to provide notice of the dividend to the North Dakota Insurance Department. This notice must be provided to the North Dakota Insurance Department 30 days prior to the payment of an extraordinary dividend and 10 days prior to the payment of an ordinary dividend. The North Dakota Insurance Department has the power to limit or prohibit dividend payments if Nodak Insurance is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. The Board of Directors of Nodak Insurance declared and paid a $6,000 dividend to NI Holdings during the year ended December 31, 2020. No dividends were declared or paid by Nodak Insurance during the years ended December 31, 2019 or 2018. The amount available for payment of dividends from Direct Auto to NI Holdings during 2021 without the prior approval of the Illinois Department of Insurance is $3,582 based upon the policyholders’ surplus of Direct Auto at December 31, 2020. Prior to its payment of any dividend, Direct Auto will be required to provide notice of the dividend to the Illinois Department of Insurance. This notice must be provided to the Illinois Department of Insurance within five business days following declaration of any dividend and no less than 30 days prior to the payment of an extraordinary dividend or 10 days prior to the payment of an ordinary dividend. The Illinois Department of Insurance has the power to limit or prohibit dividend payments if Direct Auto is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. No dividends were declared or paid by Direct Auto during the years ended December 31, 2020, 2019 or 2018. The amount available for payment of dividends from Westminster to NI Holdings during 2021 without the prior approval of the Maryland Insurance Administration is $505 based upon the statutory net investment income of Westminster for the year ended December 31, 2020 and the three preceding years. Prior to its payment of any dividend, Westminster will be required to provide notice of the dividend to the Maryland Insurance Administration. This notice must be provided to the Maryland Insurance Administration within five business days following declaration of any dividend and no less than 30 days prior to the payment of an extraordinary dividend or 10 days prior to the payment of an ordinary dividend. The Maryland Insurance Administration has the power to limit or prohibit dividend payments if Westminster is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. No dividends were declared or paid by Westminster during the year ended December 31, 2020. 107 Table of Contents Battle Creek Mutual Insurance Company The following tables illustrate the impact of including Battle Creek in our Consolidated Balance Sheets and Statements of Operations prior to intercompany eliminations: December 31, 2020 2019 Assets: Cash and cash equivalents $ 6,055 $ — Investments 5,543 4,661 Premiums and agents’ balances receivable 4,738 4,801 Deferred policy acquisition costs 479 — Pooling receivable (1) 920 — Reinsurance recoverables on losses (2) 5,646 26,330 Accrued investment income 27 33 Deferred income tax asset, net 101 343 Property and equipment 337 348 Other assets 49 45 Total assets $ 23,895 $ 36,561 Liabilities: Unpaid losses and loss adjustment expenses $ 2,445 $ 10,622 Unearned premiums 2,381 15,708 Notes payable (1) 3,000 3,000 Reinsurance losses payable (2) 11,221 1,706 Accrued expenses and other liabilities 303 2,026 Total liabilities 19,350 33,026 Equity: Non-controlling interest 4,545 3,499 Total equity 4,545 3,499 Total liabilities and equity $ 23,895 $ 36,561 (1) Amount fully eliminated in consolidation. (2) Amount partly eliminated in consolidation. Year Ended December 31, 2020 2019 2018 Revenues: Net premiums earned $ 5,673 $ — $ — Fee and other income (23 ) (9 ) 12 Net investment income (3 ) 139 147 Net capital gain on investments 1 3 - Total revenues 5,648 133 159 Expenses: Losses and loss adjustment expenses 3,369 — — Amortization of deferred policy acquisition costs 1,029 — — Other underwriting and general expenses 77 — — Total expenses 4,475 — — Income before income taxes 1,173 133 159 Income taxes 218 34 (4 ) Net income $ 955 $ 99 $ 163

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2020
Compensation Related Costs [Abstract]
Benefit Plans	14. Benefit Plans The Company sponsors a money purchase plan that covers all eligible employees. Plan costs are funded annually as they are earned. The Company reported expenses related to the money purchase plan totaling $900, $618, and $598 during the years ended December 31, 2020, 2019, and 2018, respectively. The Company also sponsors a 401(k) plan with an automatic contribution to all eligible employees and a matching contribution for eligible employees of 50% up to 3% of eligible compensation. Primero, Direct Auto, and Westminster also sponsor 401(k) plans. The Company reported expenses related to the 401(k) plans totaling $651, $516, and $475 during the years ended December 31, 2020, 2019, and 2018, respectively. All fees associated with both plans are deducted from the eligible employee accounts. Deferred Compensation Plan The Board of Directors has authorized a non-qualified deferred compensation plan covering key executives of the Company (as designated by the Board of Directors). The Company’s policy is to fund the plan by amounts that represent the excess of the maximum contribution allowed by the Employee Retirement Income Security Act (“ERISA”) over the key executives’ allowable 401(k) contribution. The plan also allows employee-directed deferral of key executive’s compensation or incentive payments. The Company reported expenses relating to this plan totaling $308, $458, and $451 for the years ended December 31, 2020, 2019, and 2018, respectively. 108 Table of Contents Employee Stock Ownership Plan The Company has established an Employee Stock Ownership Plan (the “ESOP”). The ESOP is intended to be an employee stock ownership plan within the meaning of Internal Revenue Code Section 4975(e)(7) and will invest solely in common stock of the Company. In connection with our initial public offering in March 2017, Nodak Insurance loaned $2,400 to the ESOP’s related trust (the “ESOP Trust”). The ESOP loan will be for a period of ten years and bears interest at the long-term Applicable Federal Rate effective on the closing date of the offering (2.79% annually). The ESOP Trust used the proceeds of the loan to purchase shares in our initial public offering, which results in the ESOP Trust owning approximately 1.0% of the Company’s authorized shares. The ESOP has purchased the shares for investment and not for resale. The shares purchased by the ESOP Trust in the offering are held in a suspense account as collateral for the ESOP loan. The shares held in the ESOP’s suspense account are not considered outstanding for earnings per share purposes. Nodak Insurance will make semi-annual cash contributions to the ESOP in amounts no smaller than the amounts required for the ESOP Trust to make its loan payments to Nodak Insurance. While the ESOP makes two loan payments per year, a pre-determined portion of the shares will be released from the suspense account and allocated to participant accounts at the end of the calendar year. This release and allocation will occur on an annual basis over the ten-year term of the ESOP loan. Nodak Insurance will have a lien on the shares of common stock of the Company held by the ESOP to secure repayment of the loan from the ESOP to Nodak Insurance. If the ESOP is terminated as a result of a change in control of the Company, the ESOP may be required to pay the costs of terminating the plan. It is anticipated that the only assets held by the ESOP will be shares of the Company’s common stock. Participants in the ESOP cannot direct the investment of any assets allocated to their accounts. The initial ESOP participants are employees of Nodak Insurance. The employees of Primero, Direct Auto, and Westminster do not participate in the ESOP. American West and Battle Creek have no employees. Each employee of Nodak Insurance will automatically become a participant in the ESOP if such employee is at least 21 years old, has completed a minimum of one thousand hours of service with Nodak Insurance, and has completed an Eligibility Computation Period. Employees are not permitted to make any contributions to the ESOP. Participants in the ESOP will receive annual reports from the Company showing the number of shares of common stock of the Company allocated to the participant’s account and the market value of those shares. The shares are allocated to participants based on compensation as provided for in the ESOP. In connection with the initial public offering, the Company created a contra-equity account on the Company’s Consolidated Balance Sheet equal to the ESOP’s basis in the shares. The basis of those shares was set at $10.00 per share as part of the initial public offering. As shares are released from the ESOP suspense account, the contra-equity account will be credited, which shall reduce the impact of the contra-equity account on the Company’s Consolidated Balance Sheet. The Company shall record a compensation expense related to the shares released, which compensation expense is equal to the number of shares released from the suspense account multiplied by the average market value of the Company’s stock during the period. The Company recognized compensation expense of $374, $405, and $400 during the years ended December 31, 2020, 2019, and 2018, respectively, related to the ESOP. Through December 31, 2020, 97,260 ESOP shares had been released and allocated to participants, with the remainder of 142,740 ESOP shares held in suspense at December 31, 2020. Using the Company’s year-end market price of $16.42, the fair value of the unearned ESOP shares was $2,344 at December 31, 2020.

Line of Credit

Line of Credit	12 Months Ended
	Dec. 31, 2020
Debt Disclosure [Abstract]
Line of Credit	15. Line of Credit Nodak Insurance has a $5,000 line of credit with Wells Fargo Bank, N.A. The terms of the line of credit include a floating interest rate with a floor rate of 3.25%. There were no outstanding amounts during the years ended December 31, 2020, 2019, or 2018. This line of credit is scheduled to expire on January 30, 2022.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income Taxes	16. Income Taxes On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted, implementing numerous changes to tax law including temporary changes regarding the prior and future utilization of net operating losses, temporary changes to the prior and future limitations on interest deductions, and the creation of certain refundable employee retention credits. There has been no impact to the Company’s income taxes due to this legislation. The components of our provision for income tax expense were as follows: Year Ended December 31, 2020 2019 2018 Federal Current $ 10,109 $ 5,116 $ 8,020 Deferred 638 1,871 (692 ) Total federal 10,747 6,987 7,328 State 725 324 593 Total provision for income taxes $ 11,472 $ 7,311 $ 7,921 The provision for income taxes differs from the amount that would be computed by applying the statutory federal rate to income before provision for income taxes as a result of the following: Year Ended December 31, 2020 2019 2018 Income before income taxes $ 52,816 $ 33,811 $ 39,165 Expected provision for federal income taxes at 21% $ 11,091 $ 7,100 $ 8,100 Tax-exempt interest (209 ) (235 ) (232 ) Dividends received deduction (104 ) (89 ) (87 ) Executive compensation 130 151 159 Change in valuation allowance (17 ) 7 (41 ) State income taxes, net of federal impact 570 224 476 Other 11 153 (454 ) Total provision for income taxes $ 11,472 $ 7,311 $ 7,921 We re-measure existing deferred income tax assets (including loss carryforwards) and liabilities when a change in tax rate occurs and record an offset for the net amount of the change as a component of income tax expense from continuing operations in the period of enactment. We record any change to a previously recorded valuation allowance as a result of re-measuring existing temporary differences and loss carryforwards as a component of income tax expense from continuing operations. The valuation allowance against certain deferred income tax assets was $931, $594, and $587 at December 31, 2020, 2019, and 2018, respectively. 110 Table of Contents The income tax effects of temporary differences that give rise to significant portions of our deferred income tax assets and deferred income tax liabilities at December 31, 2020 and 2019 are as follows: December 31, 2020 2019 Deferred income tax assets: Unearned premium $ 5,013 $ 3,750 Unpaid losses and loss adjustment expenses 792 615 Net operating loss carryovers 1,260 977 Other 1,538 952 Total deferred income tax assets 8,603 6,294 Deferred income tax liabilities: Deferred policy acquisition costs 5,033 3,234 Net unrealized gains on investments 9,897 6,927 Intangibles 1,451 39 Other 48 90 Total deferred income tax liabilities 16,429 10,290 Net deferred income tax liability (7,826 ) (3,996 ) Valuation allowance (931 ) (594 ) Deferred income tax liability, net $ (8,757 ) $ (4,590 ) At December 31, 2020 and 2019, we had no unrecognized tax benefits, no accrued interest and penalties, and no significant uncertain tax positions. No interest and penalties were recognized during the years ended December 31, 2020, 2019, or 2018. At December 31, 2020 and 2019, the Company, other than Battle Creek and Westminster, had no income tax related carryovers for net operating losses, alternative minimum tax credits, or capital losses. Battle Creek, which files its federal income tax returns on a stand-alone basis, had net operating loss carryovers of $3,390 and $4,652 at December 31, 2020 and 2019, respectively. The net operating loss carryforward expires beginning in 2021 through 2030, due to limitations on the use of this net operating loss carryforward. Westminster, which became part of the Company’s consolidated federal income tax return beginning in 2020, had $2,559 of net operating loss carryover at December 31, 2020. This net operating loss carryforward expires beginning in 2021 through 2023

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2020
Leases, Operating [Abstract]
Operating Leases	17. Operating Leases Our Primero subsidiary leases a facility in Spearfish, South Dakota under a non-cancellable operating lease expiring in 2023. Our Direct Auto subsidiary leases a facility in Chicago, Illinois under a non-cancellable operating lease expiring in 2029. Our Nodak Insurance subsidiary leases a facility in Fargo, North Dakota under a non-cancellable operating lease expiring in 2024. There were expenses of $370, $316, and $140 related to these leases during the years ended December 31, 2020, 2019, and 2018, respectively. As of December 31, 2020, we have minimum future commitments under non-cancellable leases as follows: Year ending December 31, Estimated Future Minimum Commitments 2021 $ 249 2022 319 2023 358 2024 320 2025 286 Thereafter 1,066

Contingencies

Contingencies	12 Months Ended
	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Contingencies	18. Contingencies We have been named as a defendant in various lawsuits relating to our insurance operations. Contingent liabilities arising from litigation, income taxes, and other matters are not considered to be material to our financial position. 111 Table of Contents 19. Common Stock Changes in the number of common stock shares outstanding are as follows: Year Ended December 31, 2020 2019 2018 Shares outstanding, beginning 22,119,380 22,192,894 22,337,644 Treasury shares repurchased through stock repurchase authorization (856,499 ) (116,034 ) (191,265 ) Issuance of treasury shares for vesting of stock awards 31,442 18,205 22,200 Issuance of shares related to employee stock ownership plan 24,315 24,315 24,315 Shares outstanding, ending 21,318,638 22,119,380 22,192,894 On February 28, 2018, our Board of Directors approved an authorization for the repurchase of up to approximately $10,000 of the Company’s outstanding common stock. We completed the repurchase of 191,265 shares of our common stock for $2,966 during 2018, and an additional 116,034 shares for $2,006 during 2019. During the six months ended June 30, 2020, we completed the repurchase of 402,056 shares of our common stock for $4,996 to close out this authorization. On May 4, 2020, our Board of Directors approved an additional authorization for the repurchase of up to approximately $10,000 of the Company’s outstanding common stock. During the year ended December 31, 2020, we completed the repurchase of 454,443 shares of our common stock for $7,238 under this new authorization. The cost of this treasury stock is a reduction of shareholders’ equity within our Consolidated Balance Sheet.

Common Stock

Common Stock	12 Months Ended
	Dec. 31, 2020
Equity [Abstract]
Common Stock	19. Common Stock

Stock Based Compensation

Stock Based Compensation	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Stock Based Compensation	20. Stock Based Compensation At its 2020 Annual Shareholders’ Meeting, the NI Holdings, Inc. 2020 Stock and Incentive Plan (the “Plan”) was approved by shareholders. The purpose of the Plan is to promote the interests of the Company and its shareholders by aiding the Company in attracting and retaining employees, officers, consultants, independent contractors, advisors, and non-employee directors capable of assuring the future success of the Company, to offer such persons incentives to put forth maximum efforts for the success of the Company’s business and to afford such persons an opportunity to acquire an ownership interest in the Company, thereby aligning the interests of such persons with the Company’s shareholders. The Plan provides for the grant of nonqualified stock options, incentive stock options, restricted stock units (“RSUs”), stock appreciation rights, dividend equivalents, and performance share units (“PSUs”) to employees, officers, consultants, advisors, non-employee directors, and independent contractors designated by the Compensation Committee of the Board of Directors (the “Compensation Committee”). Awards made under the Plan are based upon, among other things, a participant’s level of responsibility and performance within the Company. The total aggregate number of shares of common stock that awards may be issued under all awards made under the Plan shall not exceed 1,000,000 shares of common stock, subject to adjustments as provided in the Plan. No eligible participant may be granted any awards for more than 100,000 shares in the aggregate in any calendar year, subject to adjustment in accordance with the Plan. The aggregate amount payable pursuant to all performance awards denominated in cash to any eligible person in any calendar year is limited to $1,000 in value. Directors who are not also employees of the Company may not be granted awards denominated in shares that exceed $150 in any calendar year. Restricted Stock Units The Compensation Committee has awarded RSUs to non-employee directors and select executives. RSUs are promises to issue actual shares of common stock at the end of a vesting period. The RSUs granted to executives under the Plan were based on salary and vest 20% per year over a five-year period, while RSUs granted to non-employee directors vest 100% on the date of the next annual meeting of shareholders following the grant date. Dividend equivalents on RSUs are accrued during the vesting period and paid in cash at the end of the vesting period, but are subject to forfeiture until the underlying shares become vested. Participants do not have voting rights with respect to RSUs. 112 Table of Contents The Company recognizes stock-based compensation costs based on the grant date fair value. The compensation costs are normally expensed over the vesting periods to each vesting date; however, the cost of RSUs granted to executives are expensed immediately if the executive has met certain retirement criteria and the RSUs become non-forfeitable. Estimated forfeitures are included in the determination of compensation costs. No forfeitures are currently estimated. A summary of the Company’s outstanding restricted stock units is presented below: Shares Weighted-Average Grant-Date Fair Value Per Share Units outstanding and unearned at January 1, 2018 65,500 $ 17.31 RSUs granted during 2018 40,000 16.25 RSUs earned during 2018 (31,620 ) 16.99 Units outstanding and unearned at December 31, 2018 73,880 $ 16.87 RSUs granted during 2019 57,100 15.81 RSUs earned during 2019 (34,440 ) 16.24 Units outstanding and unearned at December 31, 2019 96,540 $ 16.47 RSUs granted during 2020 66,000 14.27 RSUs earned during 2020 (46,760 ) 16.33 Units outstanding and unearned at December 31, 2020 115,780 $ 15.27 The following table shows the impact of RSU activity to the Company’s financial results: Year Ended December 31, 2020 2019 2018 RSU compensation expense $ 1,035 $ 792 $ 999 Income tax benefit (217 ) (166 ) (210 ) RSU compensation expense, net of income taxes $ 818 $ 626 $ 789 Total grant-date fair value of vested RSUs at end of period $ 764 $ 568 $ 537 At December 31, 2020, there was $681 of unrecognized compensation cost related to outstanding RSUs. That cost is expected to be recognized over a weighted-average period of 1.89 years. Performance Stock Units The Compensation Committee has awarded PSUs to select executives. PSUs are promises to issue actual shares of common stock at the end of a vesting period, if certain performance conditions are met. The PSUs granted to employees under the Plan were based on salary and include a three-year book value cumulative growth target with threshold and stretch goals. They will vest on the third anniversary of the grant date, subject to the participant’s continuous employment through the vesting date and the level of performance achieved. Dividend equivalents on PSUs are accrued and paid in cash at the end of the performance period in accordance with the level of performance achieved, but are subject to forfeiture until the underlying shares become vested. Participants do not have voting rights with respect to PSUs. The Company recognizes stock-based compensation costs based on the grant date fair value over the performance period of the awards. Estimated forfeitures are included in the determination of compensation costs. No forfeitures are currently estimated. The current cost estimate assumes that the cumulative growth target will be achieved. 113 Table of Contents A summary of the Company’s outstanding PSUs is presented below: Performance Share Units Weighted-Average Grant-Date Fair Value Per Share Units outstanding and unearned at January 1, 2018 — $ — PSUs granted during 2018 (at target) 48,600 16.25 Units outstanding and unearned at December 31, 2018 48,600 $ 16.25 PSUs granted during 2019 (at target) 62,400 15.21 Units outstanding and unearned at December 31, 2019 111,000 $ 15.27 PSUs granted during 2020 (at target) 63,600 14.26 Units outstanding and unearned at December 31, 2020 174,600 $ 15.15 The following table shows the impact of PSU activity to the Company’s financial results: Year Ended December 31, 2020 2019 2018 PSU compensation expense $ 1,262 $ 822 $ 233 Income tax benefit (265 ) (173 ) (49 ) PSU compensation expense, net of income taxes $ 997 $ 649 $ 184 Total grant-date fair value of vested PSUs at end of period $ — $ — $ — The PSU grants above represent initial target awards and do not reflect potential increases or decreases resulting from financial performance objectives to be determined at the end of the performance period. The actual number of shares to be issued at the end of the performance period will range from 0% to 150% of the initial target awards. At December 31, 2020, there was $1,090 of unrecognized compensation cost related to outstanding PSUs. That cost is expected to be recognized over a weighted-average period of 1.59 years.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2020
Earnings per common share:
Earnings Per Share	21. Earnings Per Share Earnings per share is computed by dividing net income available to common shareholders for the period by the weighted average number of common shares outstanding for the same period. The weighted average number of common shares outstanding was 21,772,475, 22,179,747, and 22,358,858 for the years ended December 31, 2020, 2019, and 2018, respectively. Unearned ESOP shares are not considered outstanding until they are released and allocated to plan participants. Unearned RSU and PSU shares are not considered outstanding until they are earned by award participants. 114 Table of Contents The following table presents a reconciliation of the numerators and denominators we used in the basic and diluted per share computations for our common stock: Year Ended December 31, 2020 2019 2018 Basic earnings per common share: Numerator: Net income attributable to NI Holdings $ 40,389 $ 26,401 $ 31,081 Denominator: Weighted average shares outstanding 21,772,475 22,179,747 22,358,858 Basic earnings per common share $ 1.86 $ 1.19 $ 1.39 Diluted earnings per common share: Numerator: Net income attributable to NI Holdings $ 40,389 $ 26,401 $ 31,081 Denominator: Number of shares used in basic computation 21,772,475 22,179,747 22,358,858 Weighted average effect of dilutive securities Add: RSUs and PSUs 169,995 85,601 26,896 Number of shares used in diluted computation 21,942,470 22,265,348 22,385,754 Diluted earnings per common share $ 1.84 $ 1.19 $ 1.39

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2020
Segment Reporting [Abstract]
Segment Information	22. Segment Information We have five primary reportable operating segments, which consist of private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, and commercial insurance. A sixth segment captures all other insurance coverages we sell, including our assumed reinsurance lines of business. We operate only in the United States, and no single customer or agent provides 10 percent or more of our revenues. The following tables provide available information of these segments for the years ended December 31, 2020, 2019, and 2018. For presentation in these tables, “LAE” refers to loss adjustment expenses. The ratios presented in these tables are non-GAAP financial measures under Securities and Exchange Commission rules and regulations. The non-GAAP ratios may not be comparable to similarly-named measures reported by other companies. These ratios are used widely in the property and casualty insurance industry. The loss and LAE ratio equals losses and loss adjustment expenses divided by net premiums earned. The expense ratio equals amortization of deferred policy acquisition costs and other underwriting and general expenses, divided by net premiums earned. The combined ratio equals losses and loss adjustment expenses, amortization of deferred policy acquisition costs, and other underwriting and general expenses, divided by net premiums earned. 116 Table of Contents Year Ended December 31, 2020 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 74,998 $ 53,909 $ 82,036 $ 39,893 $ 45,557 $ 4,668 $ 301,061 Assumed premiums earned — — — 1,896 — 4,563 6,459 Ceded premiums earned (2,989 ) (172 ) (7,157 ) (6,071 ) (7,269 ) (201 ) (23,859 ) Net premiums earned 72,009 53,737 74,879 35,718 38,288 9,030 283,661 Direct losses and LAE 45,423 30,347 38,700 36,022 32,620 2,258 185,370 Assumed losses and LAE — — (116 ) 1,070 — 2,354 3,308 Ceded losses and LAE 88 — (1,839 ) (5,713 ) (12,190 ) (551 ) (20,205 ) Net losses and LAE 45,511 30,347 36,745 31,379 20,430 4,061 168,473 Gross margin 26,498 23,390 38,134 4,339 17,858 4,969 115,188 Underwriting and general expenses 19,986 20,739 20,874 4,807 16,358 2,304 85,068 Underwriting gain (loss) 6,512 2,651 17,260 (468 ) 1,500 2,665 30,120 Fee and other income 1,337 1,801 3,988 Net investment income 7,271 Net capital gain on investments 13,624 Income before income taxes 52,816 Income taxes 11,472 Net income 41,344 Net income attributable to non-controlling interest 955 Net income attributable to NI Holdings, Inc. $ 40,389 Non-GAAP Ratios: Loss and LAE ratio 63.2 % 56.5 % 49.1 % 87.9 % 53.4 % 45.0 % 59.4 % Expense ratio 27.8 % 38.6 % 27.9 % 13.5 % 42.7 % 25.5 % 30.0 % Combined ratio 91.0 % 95.1 % 76.9 % 101.3 % 96.1 % 70.5 % 89.4 % Balances at December 31, 2020: Premiums and agents’ balances receivable $ 18,540 $ 6,543 $ 9,072 $ — $ 13,732 $ 636 $ 48,523 Deferred policy acquisition costs 5,461 4,649 7,828 — 5,588 442 23,968 Reinsurance recoverables 412 — 588 121 5,374 2,215 8,710 Receivable from Federal Crop Insurance Corporation — — — 6,646 — — 6,646 Goodwill and other intangibles — 2,860 — — 15,334 — 18,194 Unpaid losses and LAE 20,311 43,336 11,737 771 19,089 10,506 105,750 Unearned premiums 28,293 16,147 41,301 — 30,705 2,917 119,363 117 Table of Contents Year Ended December 31, 2019 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 71,297 $ 57,278 $ 77,832 $ 42,277 $ 4,546 $ 4,431 $ 257,661 Assumed premiums earned — — — 2,072 1 3,824 5,897 Ceded premiums earned (3,314 ) (164 ) (6,661 ) (6,330 ) (450 ) (201 ) (17,120 ) Net premiums earned 67,983 57,114 71,171 38,019 4,097 8,054 246,438 Direct losses and LAE 53,022 32,654 47,282 35,148 2,541 3,296 173,943 Assumed losses and LAE 63 — — 1,582 — 2,387 4,032 Ceded losses and LAE (389 ) — (1,681 ) (4,639 ) (52 ) (1,504 ) (8,265 ) Net losses and LAE 52,696 32,654 45,601 32,091 2,489 4,179 169,710 Gross margin 15,287 24,460 25,570 5,928 1,608 3,875 76,728 Underwriting and general expenses 18,886 21,077 20,106 4,396 863 1,930 67,258 Underwriting gain (loss) (3,599 ) 3,383 5,464 1,532 745 1,945 9,470 Fee and other income 1,638 2,125 5,021 Net investment income 7,433 Net capital gain on investments 14,783 Income before income taxes 33,811 Income taxes 7,311 Net income 26,500 Net income attributable to non-controlling interest 99 Net income attributable to NI Holdings, Inc. $ 26,401 Non-GAAP Ratios: Loss and LAE ratio 77.5 % 57.2 % 64.1 % 84.4 % 60.8 % 51.9 % 68.9 % Expense ratio 27.8 % 36.9 % 28.3 % 11.6 % 21.1 % 24.0 % 27.3 % Combined ratio 105.3 % 94.1 % 92.3 % 96.0 % 81.8 % 75.9 % 96.2 % Balances at December 31, 2019: Premiums and agents’ balances receivable $ 18,194 $ 7,876 $ 9,088 $ — $ 940 $ 593 $ 36,691 Deferred policy acquisition costs 4,108 4,711 5,945 — 315 320 15,399 Reinsurance recoverables 500 — 1,068 998 6 1,473 4,045 Receivable from Federal Crop Insurance Corporation — — — 14,230 — — 14,230 Goodwill and other intangibles — 2,912 — — — — 2,912 Unpaid losses and LAE 19,892 43,978 10,503 8,579 1,076 9,222 93,250 Unearned premiums 27,949 16,364 39,945 — 2,334 2,684 89,276 118 Table of Contents Year Ended December 31, 2018 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 65,457 $ 27,964 $ 70,355 $ 47,505 $ 4,230 $ 4,089 $ 219,600 Assumed premiums earned 16 — (17 ) 2,306 1 4,208 6,514 Ceded premiums earned (3,008 ) — (5,661 ) (21,112 ) (422 ) (191 ) (30,394 ) Net premiums earned 62,465 27,964 64,677 28,699 3,809 8,106 195,720 Direct losses and LAE 44,644 14,338 42,993 14,206 1,690 2,023 119,894 Assumed losses and LAE 358 — (295 ) 696 — 2,640 3,399 Ceded losses and LAE (478 ) — 17 (2,990 ) (186 ) (568 ) (4,205 ) Net losses and LAE 44,524 14,338 42,715 11,912 1,504 4,095 119,088 Gross margin 17,941 13,626 21,962 16,787 2,305 4,011 76,632 Underwriting and general expenses 18,530 9,533 19,950 3,176 875 2,053 54,117 Underwriting gain (loss) (589 ) 4,093 2,012 13,611 1,430 1,958 22,515 Fee and other income 1,406 6,496 5,499 Net investment income 6,180 Net capital gain on investments 3,974 Income before income taxes 39,165 Income taxes 7,921 Net income 31,244 Net income attributable to non-controlling interest 163 Net income attributable to NI Holdings, Inc. $ 31,081 Non-GAAP Ratios: Loss and LAE ratio 71.3 % 51.3 % 66.0 % 41.5 % 39.5 % 50.5 % 60.8 % Expense ratio 29.7 % 34.1 % 30.8 % 11.1 % 23.0 % 25.3 % 27.7 % Combined ratio 100.9 % 85.4 % 96.9 % 52.6 % 62.5 % 75.8 % 88.5 % Balances at December 31, 2018: Premiums and agents’ balances receivable $ 16,558 $ 7,769 $ 8,630 $ — $ 854 $ 476 $ 34,287 Deferred policy acquisition costs 3,658 3,364 5,279 — 280 285 12,866 Reinsurance recoverables 176 — 730 384 (28 ) 970 2,232 Receivable from Federal Crop Insurance Corporation — — — 16,169 — — 16,169 Goodwill and other intangibles — 4,623 — — — — 4,623 Unpaid losses and LAE 18,154 46,786 10,732 2,126 643 8,680 87,121 Unearned premiums 26,022 17,177 36,883 — 2,200 2,485 84,767 119 Table of Contents For purposes of evaluating profitability of the non-standard auto segment, management combines the policy fees paid by the insured with the underwriting gain or loss as its primary measure. As a result, these fees are allocated to the non-standard auto segment (included in fee and other income) in the above tables. The remaining fee and other income amounts are not allocated to any segment, including the $4,578 gain realized on the bargain purchase of Direct Auto in 2018. We do not assign or allocate all Consolidated Statement of Operations or Consolidated Balance Sheet line items to our operating segments. Those line items include investment income, net capital gain on investments, other income excluding non-standard auto insurance fees, and income taxes within the Consolidated Statement of Operations. For the Consolidated Balance Sheet, those items include cash and investments, property and equipment, other assets, accrued expenses, federal income taxes recoverable or payable, and shareholders’ equity. Beginning in March 2020, the global pandemic associated with novel coronavirus COVID-19 and related economic conditions began to impact the Company’s results. The Company’s underwriting results for 2020 were impacted by reduced net premiums earned in our non-standard auto segment, which decreased 6% from 2019. We anticipate additional pressure on premiums in this segment for 2021. Conversely, the pandemic favorably impacted loss frequency in our private passenger and non-standard auto segments during the second and third quarters of 2020, due to fewer miles driven by our insureds, resulting in improvements in our loss and LAE ratios.

Statutory Net Income, Capital a

Statutory Net Income, Capital and Surplus, and Dividend Restrictions	12 Months Ended
	Dec. 31, 2020
Insurance [Abstract]
Statutory Net Income, Capital and Surplus, and Dividend Restrictions	23. Statutory Net Income, Capital and Surplus, and Dividend Restrictions The following table presents selected information, as filed with insurance regulatory authorities, for our insurance subsidiaries as determined in accordance with accounting practices prescribed or permitted by such insurance regulatory authorities as of and for the years ended December 31, 2020, 2019, and 2018: 2020 2019 2018 Nodak Insurance: Statutory capital and surplus $ 216,278 $ 189,836 $ 175,875 Statutory unassigned surplus 211,278 184,836 170,875 Statutory net income 24,529 9,398 19,943 American West: Statutory capital and surplus 18,368 16,168 13,889 Statutory unassigned surplus 12,367 10,167 7,888 Statutory net income 2,158 2,232 1,238 Primero: Statutory capital and surplus 9,818 8,727 9,767 Statutory unassigned surplus (deficit) 559 (532 ) 508 Statutory net income (loss) 1,023 (1,256 ) 1,061 Battle Creek: Statutory capital and surplus 6,875 6,189 6,052 Statutory unassigned surplus 3,875 3,189 3,052 Statutory net income 693 133 159 Direct Auto: Statutory capital and surplus 35,819 28,683 19,146 Statutory unassigned surplus 32,819 25,683 16,146 Statutory net income 7,898 7,377 7,530 Westminster: Statutory capital and surplus 23,592 20,897 20,175 Statutory unassigned surplus 18,592 15,897 15,175 Statutory net income 2,719 225 701 State insurance laws require our insurance subsidiaries to maintain certain minimum capital and surplus amounts on a statutory basis. Our insurance subsidiaries are subject to regulations that restrict the payment of dividends from statutory surplus and may require prior approval from their domiciliary insurance regulatory authorities. Our insurance subsidiaries are also subject to risk-based capital (“RBC”) requirements that may further affect their ability to pay dividends. Our insurance subsidiaries statutory capital and surplus at December 31, 2020 and 2019 exceeded the amount of statutory capital and surplus necessary to satisfy regulatory requirements, including the RBC requirements, by a significant margin. Amounts available for distribution in 2021 to Nodak Insurance as dividends from its insurance subsidiaries without prior approval of insurance regulatory authorities are $1,837 from American West and $512 from Primero. No dividends were paid to Nodak Insurance from either entity during the years ended December 31, 2020, 2019, or 2018. The amount available for payment of dividends from Nodak Insurance to NI Holdings during 2021 without the prior approval of the North Dakota Insurance Department is $21,628 based upon the policyholders’ surplus of Nodak Insurance at December 31, 2020. Prior to its payment of any extraordinary dividend, Nodak Insurance will be required to provide notice of the dividend to the North Dakota Insurance Department. This notice must be provided to the North Dakota Insurance Department 30 days prior to the payment of an extraordinary dividend and 10 days prior to the payment of an ordinary dividend. The North Dakota Insurance Department has the power to limit or prohibit dividend payments if Nodak Insurance is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. The Board of Directors of Nodak Insurance declared and paid a $6,000 dividend during the year ended December 31, 2020. No dividends were declared or paid in the years ended December 31, 2019 or 2018. The amount available for payment of dividends from Direct Auto to NI Holdings during 2021 without the prior approval of the Illinois Department of Insurance is $3,582 based upon the policyholders’ surplus of Direct Auto at December 31, 2020. Prior to its payment of any dividend, Direct Auto will be required to provide notice of the dividend to the Illinois Department of Insurance. This notice must be provided to the Illinois Department of Insurance within five business days following declaration of any dividend and no less than 30 days prior to the payment of an extraordinary dividend or 10 days prior to the payment of an ordinary dividend. The Illinois Department of Insurance has the power to limit or prohibit dividend payments if Direct Auto is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. No dividends were declared or paid by Direct Auto during the years ended December 31, 2020, 2019 or 2018. The amount available for payment of dividends from Westminster to NI Holdings during 2021 without the prior approval of the Maryland Insurance Administration is $505 based upon the statutory net investment income of Westminster for the year ended December 31, 2020 and the three preceding years. Prior to its payment of any dividend, Westminster will be required to provide notice of the dividend to the Maryland Insurance Administration. This notice must be provided to the Maryland Insurance Administration within five business days following declaration of any dividend and no less than 30 days prior to the payment of an extraordinary dividend or 10 days prior to the payment of an ordinary dividend. The Maryland Insurance Administration has the power to limit or prohibit dividend payments if Westminster is in violation of any law or regulation. These restrictions or any subsequently imposed restrictions may affect our future liquidity. No dividends were declared or paid by Westminster during the year ended December 31, 2020.

Interim Financial Data (unaudit

Interim Financial Data (unaudited)	12 Months Ended
	Dec. 31, 2020
Quarterly Financial Information Disclosure [Abstract]
Interim Financial Data (unaudited)	24. Interim Financial Data (Unaudited) The following table provides a summary of unaudited quarterly results for the periods presented. Year Ended December 31, 2020 First Quarter Second Quarter Third Quarter Fourth Quarter Net premiums earned $ 58,772 $ 82,006 $ 73,342 $ 69,541 Net investment income 1,971 2,018 1,886 1,396 Total revenues 46,186 95,667 80,854 83,650 Total expenses 50,581 71,989 75,980 54,991 Net income (loss) before non-controlling interest (3,555 ) 18,767 3,686 22,446 Net income (loss) attributable to NI Holdings, Inc. (3,587 ) 18,733 3,664 21,579 Basic earnings (loss) per common share (0.16 ) 0.86 0.17 1.01 Diluted earnings (loss) per common share (0.16 ) 0.85 0.17 1.00 Year Ended December 31, 2019 First Quarter Second Quarter Third Quarter Fourth Quarter Net premiums earned $ 50,506 $ 65,114 $ 67,116 $ 63,702 Net investment income 1,743 1,778 1,983 1,929 Total revenues 60,572 68,648 70,248 71,311 Total expenses 42,928 65,133 78,849 50,058 Net income (loss) before non-controlling interest 13,796 2,515 (6,959 ) 17,148 Net income (loss) attributable to NI Holdings, Inc. 13,773 2,478 (6,979 ) 17,129 Basic earnings (loss) per common share 0.62 0.11 (0.32 ) 0.77 Diluted earnings (loss) per common share 0.62 0.11 (0.31 ) 0.77

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2020
Accounting Policies [Abstract]
Use of Estimates	Use of Estimates In preparing our Consolidated Financial Statements, management makes estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the balance sheet, and revenues and expenses for the periods then ended. Actual results could differ significantly from those estimates. We make estimates and assumptions that can have a significant effect on amounts and disclosures we report in our Consolidated Financial Statements. The most significant estimates relate to our reserves for unpaid losses and loss adjustment expenses, earned premiums for crop insurance, valuation of investments, determination of other-than-temporary impairments, valuation allowances for deferred income tax assets, deferred policy acquisition costs, and the valuations used to establish intangible assets acquired related to business combinations. While we believe our estimates are appropriate, the ultimate amounts may differ from the estimates provided. We regularly review our methods for making these estimates as well as the continuing appropriateness of the estimated amounts, and we reflect any adjustment we consider necessary in our current results of operations.
Variable-Interest Entities	Variable-Interest Entities Any company deemed to be a variable interest entity (“VIE”) is required to be consolidated by the primary beneficiary of the VIE. We assess our investments in other entities at inception to determine if any meet the qualifications of a VIE. We consider an investment in another company to be a VIE if: (a) the total equity investment at risk is not sufficient to permit the entity to finance its activities without additional subordinated financial support, (b) the characteristics of a controlling financial interest are missing (either the ability to make decisions through voting or other rights, the obligation to absorb expected losses of the entity or the right to receive the expected residual returns of the entity), or (c) the voting rights of the equity holders are not proportional to their obligations to absorb the expected losses of the entity and/or the rights to receive the expected residual returns of the entity, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. Upon the occurrence of certain events, we would reassess our initial determination of whether the investment is a VIE. We evaluate whether we are the primary beneficiary of each VIE and we consolidate the VIE if we have both (1) the power to direct the economically significant activities of the entity and (2) the obligation to absorb losses of, or the right to receive benefits from, the entity. We consider the contractual agreements that define the ownership structure, distribution of profits and losses, risks, responsibilities, indebtedness, voting rights, and board representation of the respective parties in determining whether we qualify as the primary beneficiary. Our assessment of whether we are the primary beneficiary of a VIE is performed at least annually. We control Battle Creek via a surplus note which provides us with ability to appoint two-thirds of the Board of Directors of Battle Creek. Under the quota share reinsurance agreement that existed through December 31, 2019, Battle Creek’s operating results included only net investment income, bad debt expense, and income taxes. Effective January 1, 2020, the Company implemented an intercompany pooling reinsurance agreement, and Battle Creek’s operating results now include their participation in the underwriting results of the pool (2% during 2020). See Note 13. Because we have concluded that we control Battle Creek, we consolidate the financial statements of Battle Creek, and Battle Creek’s policyholders’ interest in Battle Creek is reflected as a non-controlling interest in shareholders’ equity in our Consolidated Balance Sheet.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include certain investments in highly liquid debt instruments with original maturities of three months or less. Cost approximates fair value for these short-term investments.
Investments	Investments We have categorized our investment portfolio as “available-for-sale” and have reported the portfolio at fair value. Unrealized gains and losses on fixed income securities, and on equity securities prior to January 1, 2019, net of income taxes, are reported in accumulated other comprehensive income. Effective January 1, 2019, in accordance with a change in accounting principle, changes in unrealized gains and losses on equity securities began to be reported as a component of net capital gain on investments in our operating results. 80 Table of Contents Fair values are based on quoted market prices or dealer quotes, if available. If a quoted market price is not available, fair value is estimated using quoted market prices for similar securities. Amortization of premium and accretion of discount are computed using an effective interest method. Net investment income includes interest and dividend income together with amortization of purchase premiums and discounts, and is net of investment management and custody fees. Realized gains and losses on investments are determined using the specific identification method and are included in net capital gain on investments, along with the change in unrealized gains and losses on equity securities after January 1, 2019. We review our investments each quarter to determine whether a decline in fair value below the amortized cost basis is other than temporary. Accordingly, we assess whether we intend to sell or it is more likely than not that we will be required to sell a security before recovery of its amortized cost basis. For fixed income securities that are considered other-than-temporarily impaired and that we do not intend to sell and will not be required to sell prior to recovery of the amortized cost basis, we separate the amount of the impairment into the amount that is credit related (credit loss component) and the amount due to all other factors. The credit loss component is recognized in earnings and is the difference between the security’s amortized cost basis and the present value of its expected future cash flows discounted at the security’s effective yield. The remaining difference between the security’s fair value and the present value of future expected cash flows is due to factors that are not credit related and, therefore, is not required to be recognized as losses in the Consolidated Statement of Operations, but is recognized in other comprehensive income. We classify each fair value measurement at the appropriate level in the fair value hierarchy. The hierarchy gives the highest priority to unadjusted quoted market price in active markets for identical assets or liabilities (Level I measurements) and the lowest priority to unobservable inputs (Level III measurements). An asset’s or liability’s classification within the fair value hierarchy is based on the lowest level of significant input to its valuation. Level I – Quoted price in active markets for identical assets and liabilities. Level II – Quoted prices in markets that are not active or inputs that are observable either directly or indirectly. Level II inputs include quoted prices for similar assets or liabilities other than quoted in prices in Level I, quoted prices in markets that are not active, or other inputs that are observable or can be derived principally from or corroborated by observable market data for substantially the full term of the assets or liabilities. Level III – Unobservable inputs that are supported by little or no market activity and are significant to the fair value of the assets or liabilities. Unobservable inputs reflect the reporting entity’s own assumptions that market participants would use in pricing the asset or liability. Level III assets and liabilities include financial instruments whose values are determined using pricing models, discounted cash flow methodologies, or similar techniques, as well as instruments for which the determination of fair value requires significant management judgment or estimation.
Fair Value of Other Financial Instruments	Fair Value of Other Financial Instruments Our other financial instruments, aside from investments, are cash and cash equivalents, premiums and agents’ balances receivable, and accrued expenses and accounts payable. The carrying amounts for cash and cash equivalents, premiums and agents’ balances receivable, and accrued expenses and accounts payable approximate their fair value based on their short-term nature. Other invested assets that do not have observable inputs and little or no market activity are carried on a cost basis, which approximates fair value. All other invested assets have been assessed for impairment. The carrying value of these other invested assets was $2,924 at December 31, 2020 and $1,914 at December 31, 2019.
Reclassifications of Segment Information	Reclassifications of Segment Information: Effective in the first quarter of 2020, the Company’s results began to be reported in our Consolidated Financial Statements in the following five primary operating segments – private passenger auto insurance, non-standard auto insurance, home and farm insurance, crop insurance, and commercial insurance. A sixth “all other” segment captures all other insurance business, including our assumed reinsurance lines of business. Commercial insurance was previously reported within the all other segment. All prior periods presented have been reclassified to conform to this presentation.
Revenue Recognition	Revenue Recognition : We record premiums written at policy inception and recognize them as revenue on a pro rata basis over the policy term or, in the case of crop insurance, over the period of risk. The portion of premiums that could be earned in the future is deferred and reported as unearned premiums. When policies lapse, the Company reverses the unearned portion of the written premium and removes the applicable unearned premium. Policy-related fee income is recognized when collected. The period of risk for our crop insurance program, which comprise primarily spring-planted crops, typically runs from April 1 (the approximate time when farmers can begin to work their fields) through December 15 (last date claims can be made for the most recent planting season). The crop insurance program provides indemnification for acreage that cannot be planted because of flood, drought, or other natural disaster (known as “prevented planting”). In cases where a valid prevented planting claim is made by an insured, the Company assumes that the risk period has ended as there will be no additional coverage under the policy, and the Company will immediately recognize the remaining unearned premium. The Company uses the direct write-off method for recognizing bad debts. Accounts billed directly to the policyholder are provided grace payment and cancellation notice periods per state insurance regulations. Any earned but uncollected premiums are written off within 90 days after the effective date of policy cancellation. 81 Table of Contents Direct Auto also provides for agency billing for a portion of their agents. Accounts billed to agents are due within 60 days of the statement date. The balances are carried as agents’ balances receivable until it is determined the amount is not collectible from the agent. At that time, the balance is written off as uncollectible. The agent is responsible for all past due balances. As part of its agent appointment, Direct Auto requires a personal guarantee for all balances due to Direct Auto from the principal of the contracted agency.
Policy Acquisition Costs	Policy Acquisition Costs We defer our policy acquisition costs, consisting primarily of commissions, premium taxes, and certain other underwriting costs, reduced by ceding commissions, which vary with and relate directly to the production of business. We amortize these deferred policy acquisition costs over the period in which we earn the premiums. The method we follow in computing deferred policy acquisition costs limits the amount of such deferred costs to their estimated realizable value, which gives effect to the premium to be earned, related investment income, losses and loss adjustment expenses, and certain other costs we expect to incur as we earn the premium.
Property and Equipment	Property and Equipment We report property and equipment at cost less accumulated depreciation. Depreciation is computed using the straight-line method based upon estimated useful lives of the assets.
Losses and Loss Adjustment Expenses	Losses and Loss Adjustment Expenses Liabilities for unpaid losses and loss adjustment expenses are estimates at a given point in time of the amounts we expect to pay with respect to policyholder claims based on facts and circumstances then known. At the time of establishing our estimates, we recognize that our ultimate liability for losses and loss adjustment expenses will exceed or be less than such estimates. We base our estimates of liabilities for unpaid losses and loss adjustment expenses on assumptions as to future loss trends, expected claims severity, judicial theories of liability, and other factors. During the loss adjustment period, we may learn additional facts regarding certain claims, and, consequently, it often becomes necessary for us to refine and adjust our estimates of the liability. We reflect any adjustments to our liabilities for unpaid losses and loss adjustment expenses in our operating results in the period in which we determine the need for a change in the estimates. We maintain liabilities for unpaid losses and loss adjustment expenses with respect to both reported and unreported claims. We establish these liabilities for the purpose of covering the ultimate costs of settling all losses, including investigation and litigation costs. We base the amount of our liability for reported losses primarily upon a case-by-case evaluation of the type of risk involved, knowledge of the circumstances surrounding each claim, and the insurance policy provisions relating to the type of loss our policyholder incurred. We determine the amount of our liability for unreported losses and loss adjustment expenses on the basis of historical information by line of insurance. Inflation is not explicitly selected in the loss reserve analysis. However, historical inflation is embedded in the estimated loss development factors. We closely monitor our liabilities and update them periodically using new information on reported claims and a variety of statistical techniques. We do not discount our liabilities for unpaid losses and loss adjustment expenses. Reserve estimates can change over time because of unexpected changes in assumptions related to our external environment and, to a lesser extent, assumptions as to our internal operations. Assumptions related to our external environment include the absence of significant changes in tort law and the legal environment which may impact liability exposure, the trends in judicial interpretations of insurance coverage and policy provisions, and the rate of loss cost inflation. Internal assumptions include consistency in the recording of premium and loss statistics, consistency in the recording of claims, payment and case reserving methodologies, accurate measurement of the impact of rate changes and changes in policy provisions, consistency in the quality and characteristics of business written within a given line of business, and consistency in reinsurance coverage and collectability of reinsured losses, among other items. To the extent we determine that underlying factors impacting our assumptions have changed, we attempt to make appropriate adjustments for such changes in our reserves. Accordingly, our ultimate liability for unpaid losses and loss adjustment expenses will likely differ from the amount recorded.
Income Taxes	Income Taxes With the exception of Battle Creek, which files a stand-alone federal income tax return, we currently file a consolidated federal income tax return which includes NI Holdings and its wholly-owned subsidiaries. Direct Auto and Westminster became part of the consolidated federal income tax return as of their acquisition dates. Insurance companies typically pay state premium taxes rather than state income taxes. However, Direct Auto is subject to state income taxes in the state of Illinois, in addition to state premium taxes. Additionally, NI Holdings, on a stand-alone basis, pays state income taxes to the state of North Dakota for income or losses generated as a separate financial entity. While state premium taxes are included as a part of amortization of deferred policy acquisition costs, state income taxes are combined with federal income taxes within the financial reporting category labeled income taxes. 82 Table of Contents The Company did not have any material uncertain tax positions. The Company’s policy is to recognize tax-related interest and penalties accrued related to unrecognized benefits as a component of income tax expense (benefit). The Company did not recognize any tax-related interest and penalties, nor did it have any tax-related interest or penalties accrued as of December 31, 2020 and 2019. We account for deferred income taxes using the asset and liability method. The objective of the asset and liability method is to establish deferred income tax assets and liabilities for the temporary differences between the financial reporting basis and the income tax basis of our assets and liabilities at enacted tax rates expected to be in effect when we realize or settle such amounts. We re-measure existing deferred income tax assets (including loss carryforwards) and liabilities when a change in tax rate occurs, and record an offset for the net amount of the change as a component of income tax expense from continuing operations in the period of enactment. We also record any change to a previously recorded valuation allowance as a result of re-measuring existing temporary differences and loss carryforwards as a component of income tax expense from continuing operations. The Company has elected to reclassify any tax effects stranded in accumulated other comprehensive income as a result of a change in income tax rates to retained earnings.
Credit Risk	Credit Risk Our primary investment objective is to earn competitive returns by investing in a diversified portfolio of securities. Our portfolio of fixed income securities and, to a lesser extent, short-term investments, is subject to credit risk. We define this risk as the potential loss in fair value resulting from adverse changes in the borrower’s ability to repay the debt. We manage this risk by performing an analysis of prospective investments and through regular reviews of our portfolio by our management team and investment advisors. We also limit the amount of our total investment portfolio that we invest in any one security. Property and liability insurance coverages are marketed through captive agents in North Dakota and through independent insurance agencies located throughout all other operating areas. All business, except for the majority of Direct Auto’s business, is billed directly to the policyholders. We maintain cash balances primarily at one bank, which are insured by the Federal Deposit Insurance Corporation (“FDIC”) up to $250. During the normal course of business, balances are maintained above the FDIC insurance limit. The Company maintains short-term investment balances in investment grade money market accounts that are insured by the Securities Investor Protection Corporation (“SIPC”) up to $500. On occasion, balances for these accounts are maintained in excess of the SIPC insurance limit.
Reinsurance	Reinsurance The Company limits the maximum net loss that can arise from large risks or risks in concentrated areas of exposure by reinsuring (ceding) certain levels of risks to other insurers or reinsurers, either on an automatic basis under general reinsurance contracts known as “treaties” or by negotiation on substantial individual risks. Ceded reinsurance is treated as the risk and liability of the assuming companies. Reinsurance contracts do not relieve the Company from its obligations to policyholders. In the event that all or any of the reinsuring companies might be unable to meet their obligations under existing reinsurance agreements, the Company would be liable for such defaulted amounts.
Goodwill and Other Intangibles	Goodwill and Other Intangibles Goodwill represents the excess of the purchase price over the underlying fair value of acquired entities. When completing acquisitions, we seek also to identify separately identifiable intangible assets that we have acquired. We assess goodwill and other intangibles with an indefinite useful life for impairment annually. We also assess goodwill and other intangibles for impairment upon the occurrence of certain events. In making our assessment, we consider a number of factors including operating results, business plans, economic projections, anticipated future cash flows, and current market data. Inherent uncertainties exist with respect to these factors and to our judgment in applying them when we make our assessment. Impairment of goodwill and other intangibles could result from changes in economic and operating conditions in future periods. We did not record any impairments of goodwill or other intangibles during the years ended December 31, 2020, 2019, or 2018. Goodwill arising from the acquisition of Primero in 2014 represents the excess of the purchase price over the fair value of the net assets acquired. The purchase price in excess of the fair value of net assets acquired was negotiated at arms-length with an unrelated party and was based upon the strategic decision by Company management to expand both the geographic footprint and product lines of the Company. The nature of the business acquired was such that there were limited intangibles not reflected in the net assets acquired. The purchase price was paid with a combination of cash and cancellation of obligations owed to the acquired company by the sellers. The goodwill that arose from this transaction is included in the basis of the net assets acquired and is not deductible for income tax purposes. 83 Table of Contents Intangible assets arising from the acquisition of Direct Auto in 2018 represent the estimated fair values of certain intangible assets, including a favorable lease contract, a state insurance license, the value of the Direct Auto trade name, and the value of business acquired (“VOBA”). The state insurance license asset has an indefinite life, while the favorable lease contract, Direct Auto trade name, and VOBA assets will be amortized over eighteen months, five years, and twelve months, respectively, from the August 31, 2018 acquisition/valuation date. Goodwill arising from the acquisition of Westminster in January 2020 represents the excess of the purchase price over the fair value of the net assets acquired. The purchase price in excess of the fair value of net assets acquired was negotiated at arms-length with an unrelated party and was based upon the strategic decision by Company management to expand both the geographic footprint and commercial business product line of the Company. Other intangible assets arising from the acquisition of Westminster represent the estimated fair values of certain intangible assets, including state insurance licenses, the value of Westminster’s distribution network, the value of the Westminster trade name, and the VOBA. The state insurance license asset has an indefinite life, while the distribution networks asset, Westminster trade name, and VOBA assets will be amortized over twenty years, ten years, and twelve months, respectively, from the January 1, 2020 acquisition/valuation date.

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Dec. 31, 2020
Direct Auto Insurance Company [Member]
Schedule of Proforma Information of Business Combination	During the year ended December 31, 2018, the acquired Direct Auto business contributed revenues of $14,178, and net income of $2,979, to the Company. The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2018: Pro Forma Year Ended December 31, 2018 Revenues $ 237,346 Net income attributable to NI Holdings, Inc. 27,166 Basic earnings per common share attributable to NI Holdings, Inc. 1.21
Schedule of Identified Assets Acquired and Liabilities Assumed	The Company paid $17,000 in cash consideration to the private shareholders of Direct Auto. The acquisition of Direct Auto did not include any contingent consideration. The following table summarizes the consideration transferred to acquire Direct Auto and the amounts of identified assets acquired and liabilities assumed at the acquisition date: Fair Value of Consideration: Total cash consideration transferred $ 17,000 Fair Value of Identifiable Assets Acquired and Liabilities Assumed: Identifiable net assets: Cash and cash equivalents $ 44,485 Fixed income securities 11,414 Equity securities 14,634 Premiums and agents' balances receivable 5,849 Accrued investment income 63 Property and equipment 31 Favorable lease contract (included in goodwill and other intangibles) 20 License (included in goodwill and other intangibles) 100 Trade name (included in goodwill and other intangibles) 248 Value of business acquired (included in goodwill and other intangibles) 5,134 Other assets 107 Unpaid losses and loss adjustment expenses (40,967 ) Unearned premiums (15,955 ) Federal income tax payable (1,486 ) Deferred income taxes, net (1,442 ) Accrued expenses and other liabilities (657 ) Total identifiable net assets $ 21,578 Gain on bargain purchase $ 4,578
Westminster American Insurance Company [Member]
Schedule of Proforma Information of Business Combination	The following unaudited pro forma summary presents consolidated information of the Company as if the business combination had occurred on January 1, 2019: Pro Forma Year Ended December 31, 2019 Revenues $ 292,858 Net income attributable to NI Holdings, Inc. 24,394 Basic earnings per common share attributable to NI Holdings, Inc. 1.10
Schedule of Identified Assets Acquired and Liabilities Assumed	The Company paid $20,000 in cash consideration to the private shareholder of Westminster as of the closing date, and will pay 85 Table of Contents an additional $20,000 in three equal annual installments. The acquisition of Westminster did not include any contingent consideration other than a provision regarding future changes to federal income tax rates. The following table summarizes the consideration transferred to acquire Westminster and the amounts of identified assets acquired and liabilities assumed at the acquisition date: Fair Value of Consideration: Cash consideration transferred $ 20,000 Present value of future cash consideration 18,787 Total cash consideration $ 38,787 Fair Value of Identifiable Assets Acquired and Liabilities Assumed: Identifiable net assets: Cash and cash equivalents $ 19,297 Fixed income securities 12,073 Equity securities 2,705 Other investments 735 Premiums and agents' balances receivable 8,507 Reinsurance recoverables on losses 763 Accrued investment income 70 Property and equipment 2,376 Federal income tax recoverable 138 State insurance licenses (included in goodwill and other intangibles) 1,800 Distribution network (included in goodwill and other intangibles) 6,700 Trade name (included in goodwill and other intangibles) 500 Value of business acquired (included in goodwill and other intangibles) 4,750 Other assets 76 Unpaid losses and loss adjustment expenses (8,568 ) Unearned premiums (16,611 ) Deferred income taxes, net (1,583 ) Reinsurance premiums payable (565 ) Accrued expenses and other liabilities (1,132 ) Total identifiable net assets $ 32,031 Goodwill $ 6,756

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2020
Marketable Securities [Abstract]
Schedule of amortized cost and estimated fair value of securities	The amortized cost and estimated fair value of fixed income securities as of December 31, 2020 and 2019 were as follows: December 31, 2020 Cost or Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed income securities: U.S. Government and agencies $ 13,334 $ 1,055 $ (6 ) $ 14,383 Obligations of states and political subdivisions 61,001 3,278 (35 ) 64,244 Corporate securities 119,826 8,755 (147 ) 128,434 Residential mortgage-backed securities 35,017 1,478 (1 ) 36,494 Commercial mortgage-backed securities 23,976 1,700 (21 ) 25,655 Asset-backed securities 50,751 535 (86 ) 51,200 Total fixed income securities $ 303,905 $ 16,801 $ (296 ) $ 320,410 December 31, 2019 Cost or Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Fixed income securities: U.S. Government and agencies $ 17,078 $ 472 $ (4 ) $ 17,546 Obligations of states and political subdivisions 55,232 1,511 (91 ) 56,652 Corporate securities 109,457 3,772 (16 ) 113,213 Residential mortgage-backed securities 50,458 1,050 (22 ) 51,486 Commercial mortgage-backed securities 26,450 658 (51 ) 27,057 Asset-backed securities 30,029 132 (170 ) 29,991 Total fixed income securities $ 288,704 $ 7,595 $ (354 ) $ 295,945
Schedule of amortized cost and fair value of fixed income securities by contractual maturity	The amortized cost and estimated fair value of fixed income securities by contractual maturity are shown below. Actual maturities could differ from contractual maturities because issuers of the securities may have the right to call or prepay certain obligations, which may or may not include call or prepayment penalties. December 31, 2020 Amortized Cost Fair Value Due to mature: One year or less $ 17,722 $ 17,933 After one year through five years 86,709 91,457 After five years through ten years 59,408 64,987 After ten years 30,322 32,684 Mortgage / asset-backed securities 109,744 113,349 Total fixed income securities $ 303,905 $ 320,410 December 31, 2019 Amortized Cost Fair Value Due to mature: One year or less $ 19,567 $ 19,663 After one year through five years 84,937 87,134 After five years through ten years 55,927 58,466 After ten years 21,336 22,148 Mortgage / asset-backed securities 106,937 108,534 Total fixed income securities $ 288,704 $ 295,945
Schedule of unrealized loss of securities	The investment category and duration of the Company’s gross unrealized losses on fixed income securities and equity securities were as follows: December 31, 2020 Less than 12 Months Greater than 12 months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed income securities: U.S. Government and agencies $ 931 $ (6 ) $ — $ — $ 931 $ (6 ) Obligations of states and political subdivisions 1,806 (35 ) — — 1,806 (35 ) Corporate securities 3,215 (97 ) 734 (50 ) 3,949 (147 ) Residential mortgage-backed securities 68 (1 ) — — 68 (1 ) Commercial mortgage-backed securities 1,103 (21 ) — — 1,103 (21 ) Asset-backed securities 5,785 (31 ) 4,188 (55 ) 9,973 (86 ) Total fixed income securities $ 12,908 $ (191 ) $ 4,922 $ (105 ) $ 17,830 $ (296 ) December 31, 2019 Less than 12 Months Greater than 12 months Total Fair Value Unrealized Losses Fair Value Unrealized Losses Fair Value Unrealized Losses Fixed income securities: U.S. Government and agencies $ 494 $ (4 ) $ — $ — $ 494 $ (4 ) Obligations of states and political subdivisions 8,018 (91 ) — — 8,018 (91 ) Corporate securities 2,066 (15 ) 650 (1 ) 2,716 (16 ) Residential mortgage-backed securities 2,911 (9 ) 2,583 (13 ) 5,494 (22 ) Commercial mortgage-backed securities 4,841 (35 ) 653 (16 ) 5,494 (51 ) Asset-backed securities 8,511 (96 ) 7,686 (74 ) 16,197 (170 ) Total fixed income securities $ 26,841 $ (250 ) $ 11,572 $ (104 ) $ 38,413 $ (354 )
Schedule of net investment income	Net investment income consisted of the following: Year Ended December 31, 2020 2019 2018 Fixed income securities $ 8,682 $ 8,394 $ 6,975 Equity securities 1,220 996 934 Real estate 587 365 364 Cash and cash equivalents 30 71 111 Total gross investment income 10,519 9,826 8,384 Investment expenses 3,248 2,393 2,204 Net investment income $ 7,271 $ 7,433 $ 6,180
Schedule of net realized gain (loss) on investments	Net realized capital gain on investments consisted of the following: Year Ended December 31, 2020 2019 2018 Gross realized gains: Fixed income securities $ 1,035 $ 341 $ 72 Equity securities 8,705 4,311 5,890 Total gross realized gains 9,740 4,652 5,962 Gross realized losses, excluding other-than-temporary impairment losses: Fixed income securities (132 ) (147 ) (426 ) Equity securities (1,837 ) (1,259 ) (1,180 ) Total gross realized losses, excluding other-than-temporary impairment losses​​ (1,969 ) (1,406 ) (1,606 ) Other-than-temporary impairment losses — — (382 ) Net realized gain on investments 7,771 3,246 3,974 Change in net unrealized gain on equity securities 5,853 11,537 — Net capital gain on investments $ 13,624 $ 14,783 $ 3,974

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2020
Investments, All Other Investments [Abstract]
Schedule of Financial Instruments at Fair Value Measured on a Recurring Basis	The following tables set forth our assets which are measured on a recurring basis by the level within the fair value hierarchy in which fair value measurements fall: December 31, 2020 Total Level I Level II Level III Fixed income securities: U.S. Government and agencies $ 14,383 $ — $ 14,383 $ — Obligations of states and political subdivisions 64,244 — 64,244 — Corporate securities 128,434 — 128,434 — Residential mortgage-backed securities 36,494 — 36,494 — Commercial mortgage-backed securities 25,655 — 25,655 — Asset-backed securities 51,200 — 51,200 — Total fixed income securities 320,410 — 320,410 — Equity securities: Basic materials 1,285 1,285 — — Communications 7,455 7,455 — — Consumer, cyclical 9,929 9,929 — — Consumer, non-cyclical 14,633 14,633 — — Energy 1,499 1,499 — — Financial 6,235 6,235 — — Industrial 12,733 12,733 — — Technology 16,145 16,145 — — Utility 38 38 — — Total equity securities 69,952 69,952 — — Cash and cash equivalents 101,077 65,354 35,723 — Total assets at fair value $ 491,439 $ 135,306 $ 356,133 $ — 93 Table of Contents December 31, 2019 Total Level I Level II Level III Fixed income securities: U.S. Government and agencies $ 17,546 $ — $ 17,546 $ — Obligations of states and political subdivisions 56,652 — 56,652 — Corporate securities 113,213 — 113,213 — Residential mortgage-backed securities 51,486 — 51,486 — Commercial mortgage-backed securities 27,057 — 27,057 — Asset-backed securities 29,991 — 29,991 — Total fixed income securities 295,945 — 295,945 — Equity securities: Basic materials 1,210 1,210 — — Communications 6,996 6,996 — — Consumer, cyclical 9,612 9,612 — — Consumer, non-cyclical 12,567 12,567 — — Energy 2,456 2,456 — — Financial 5,929 5,929 — — Industrial 9,299 9,299 — — Technology 11,863 11,863 — — Total equity securities 59,932 59,932 — — Cash and cash equivalents 62,132 43,707 18,425 — Total assets at fair value $ 418,009 $ 103,639 $ 314,370 $ —

Reinsurance (Tables)

Reinsurance (Tables)	12 Months Ended
	Dec. 31, 2020
Reinsurance Disclosures [Abstract]
Schedule of reconciliation of direct to net premiums on both a written and an earned basis	A reconciliation of direct to net premiums on both a written and an earned basis is as follows: 2020 2019 2018 Premiums Written Premiums Earned Premiums Written Premiums Earned Premiums Written Premiums Earned Direct premium $ 314,187 $ 301,061 $ 262,145 $ 257,661 $ 225,223 $ 219,600 Assumed premium 6,590 6,459 5,921 5,897 6,441 6,514 Ceded premium (23,633 ) (23,859 ) (17,120 ) (17,120 ) (30,394 ) (30,394 ) Net premiums $ 297,144 $ 283,661 $ 250,946 $ 246,438 $ 201,270 $ 195,720 Percentage of assumed premium earned to direct premium earned 2.1% 2.3% 3.0%
Schedule of reconciliation of direct to net losses and loss adjustment expenses	A reconciliation of direct to net losses and loss adjustment expenses is as follows: 2020 2019 2018 Direct losses and loss adjustment expenses $ 185,370 $ 173,943 $ 119,894 Assumed losses and loss adjustment expenses 3,308 4,032 3,399 Ceded losses and loss adjustment expenses (20,205 ) (8,265 ) (4,205 ) Net losses and loss adjustment expenses $ 168,473 $ 169,710 $ 119,088 If 100% of our ceded reinsurance was cancelled as of December 31, 2020, no ceded commissions would need to be returned to the reinsurers. Reinsurance contracts are typically effective from January 1 through December 31 each year.

Deferred Policy Acquisition C_2

Deferred Policy Acquisition Costs (Tables)	12 Months Ended
	Dec. 31, 2020
Reinsurance Disclosures [Abstract]
Schedule of deferred policy acquisition costs	Activity with regards to our deferred policy acquisition costs was as follows: Year Ended December 31, 2020 2019 2018 Balance, beginning of year $ 15,399 $ 12,866 $ 8,859 Deferral of policy acquisition costs 60,041 48,721 35,863 Amortization of deferred policy acquisition costs (51,472 ) (46,188 ) (31,856 ) Balance, end of year $ 23,968 $ 15,399 $ 12,866

Unpaid Losses and Loss Adjust_2

Unpaid Losses and Loss Adjustment Expenses (Tables)	12 Months Ended
	Dec. 31, 2020
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]
Schedule of Activity in the liability for unpaid losses and loss adjustment expenses	Activity in the liability for unpaid losses and loss adjustment expenses is summarized as follows: Year Ended December 31, 2020 2019 2018 Balance at beginning of year: Liability for unpaid losses and loss adjustment expenses $ 93,250 $ 87,121 $ 45,890 Reinsurance recoverables on losses 4,045 2,232 4,128 Net balance at beginning of year 89,205 84,889 41,762 Acquired unpaid losses and loss adjustment expenses related to: Current year — — 17,795 Prior years 8,568 — 23,172 Total acquired 8,568 — 40,967 Incurred related to: Current year 165,181 176,219 119,677 Prior years 3,292 (6,509 ) (589 ) Total incurred 168,473 169,710 119,088 Paid related to: Current year 116,755 125,940 92,175 Prior years 52,451 39,454 24,753 Total paid 169,206 165,394 116,928 Balance at end of year: Liability for unpaid losses and loss adjustment expenses 105,750 93,250 87,121 Reinsurance recoverables on losses 8,710 4,045 2,232 Net balance at end of year $ 97,040 $ 89,205 $ 84,889
Schedule of Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	The following tables present information, organized by our primary operating segments, about incurred and paid claims development as of December 31, 2020, net of reinsurance, as well as cumulative claim frequency and the total of IBNR reserves plus expected development on reported claims. The cumulative number of reported claims represents open claims, claims closed with payment, and claims closed without payment. It does not include an estimated amount for unreported claims. The number of claims is measured by claim event (such as a car accident or storm damage) and an individual claim event may result in more than one reported claim (such as a car accident with both property and liability damages). The Company considers a claim that does not result in a liability as a claim closed without payment. The segment information presented in the tables is prior to the effects of the intercompany reinsurance pooling agreement. The tables include unaudited information about incurred and paid claims development (a) for the years ended December 31, 2011 through 2015 for the Private Passenger Auto, Primero Non-Standard Auto, Home and Farm, and Crop segments, (b) through 2017 for the Direct Auto Non-Standard Auto information, and (c) through 2019 for the Westminster Commercial information, which we present as supplementary information. Private Passenger Auto Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 25,552 $ 24,126 $ 25,220 $ 24,409 $ 24,209 $ 23,967 $ 23,814 $ 23,826 $ 23,852 $ 23,785 — 11,485 2012 — 26,962 24,787 24,323 24,098 24,133 23,298 23,621 23,651 22,523 3 9,726 2013 — — 29,079 27,840 27,363 27,334 26,014 26,138 26,105 26,077 36 10,825 2014 — — — 32,548 31,349 30,427 29,099 29,144 29,298 29,479 115 11,744 2015 — — — — 32,438 31,532 30,461 30,503 30,679 30,455 230 11,687 2016 — — — — — 40,227 39,260 39,057 39,314 38,535 298 14,317 2017 — — — — — — 40,779 40,199 40,120 40,427 287 13,740 2018 — — — — — — — 44,925 43,428 43,641 591 14,651 2019 — — — — — — — — 53,769 53,328 1,279 16,451 2020 — — — — — — — — — 46,247 2,477 12,624 Total $ 354,497 (1) Private Passenger Auto Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 19,116 $ 22,161 $ 22,325 $ 23,024 $ 23,339 $ 23,583 $ 23,732 $ 23,747 $ 23,852 $ 23,785 2012 — 18,681 21,434 21,888 22,640 22,726 23,073 23,271 23,324 22,490 2013 — — 20,077 23,576 24,765 24,918 25,718 25,843 26,035 26,019 2014 — — — 22,744 25,727 27,076 27,443 28,281 28,765 29,239 2015 — — — — 23,401 27,171 28,933 29,598 29,795 30,120 2016 — — — — — 29,009 35,845 37,307 38,108 37,833 2017 — — — — — — 31,033 37,050 38,331 39,738 2018 — — — — — — — 34,358 40,213 41,479 2019 — — — — — — — — 42,414 48,414 2020 — — — — — — — — — 35,495 Total $ 334,612 All outstanding liabilities prior to 2011, net of reinsurance 14 Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 19,899 (1) 97 Table of Contents Non-Standard Auto (Primero) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 8,129 $ 8,173 $ 8,178 $ 8,191 $ 8,168 $ 8,168 $ 8,168 $ 8,178 $ 8,178 $ 8,178 — 1,939 2012 — 8,749 8,491 8,369 8,361 8,302 8,312 8,324 8,324 8,323 — 2,048 2013 — — 11,063 10,823 10,800 10,804 10,843 10,833 10,828 10,844 — 2,617 2014 — — — 7,297 7,619 7,591 7,577 7,612 7,625 7,606 — 1,838 2015 — — — — 9,727 9,806 9,655 9,691 9,641 9,622 — 1,793 2016 — — — — — 9,967 10,048 10,054 10,033 10,008 9 1,740 2017 — — — — — — 8,722 8,654 8,556 8,541 18 1,460 2018 — — — — — — — 10,445 11,804 11,763 40 1,791 2019 — — — — — — — — 12,264 11,391 163 1,490 2020 — — — — — — — — — 9,018 992 899 Total $ 95,294 (1) Non-Standard Auto (Primero) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 4,457 $ 7,445 $ 7,984 $ 8,146 $ 8,168 $ 8,168 $ 8,168 $ 8,178 $ 8,178 8,178 2012 — 4,377 7,522 7,983 8,276 8,302 8,312 8,324 8,324 8,323 2013 — — 6,320 9,675 10,508 10,717 10,805 10,815 10,818 10,844 2014 — — — 3,733 6,707 7,423 7,521 7,579 7,605 7,606 2015 — — — — 5,335 8,685 9,479 9,557 9,620 9,622 2016 — — — — — 5,409 8,882 9,790 9,912 9,974 2017 — — — — — — 4,348 7,660 8,204 8,460 2018 — — — — — — — 5,492 10,536 11,616 2019 — — — — — — — — 6,309 10,007 2020 — — — — — — — — — 4,111 Total $ 88,741 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 6,553 (1) 98 Table of Contents Non-Standard Auto (Direct Auto) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 5,296 $ 3,313 $ 3,134 $ 2,937 $ 2,902 $ 2,854 $ 2,874 $ 3,003 $ 2,983 $ 2,984 13 2,910 2012 — 7,164 4,159 3,927 3,916 4,215 4,643 4,909 4,930 5,009 27 3,357 2013 — — 10,596 6,020 5,869 5,261 5,278 5,160 5,049 5,131 18 3,372 2014 — — — 14,010 9,068 6,224 8,381 6,745 6,476 6,672 54 4,788 2015 — — — — 17,917 14,498 13,043 10,538 10,704 10,945 (219 ) 9,083 2016 — — — — — 20,547 14,660 13,552 13,956 12,876 (282 ) 11,159 2017 — — — — — — 23,376 18,621 15,858 14,648 (2,938 ) 11,671 2018 — — — — — — — 25,791 22,662 21,980 (501 ) 15,523 2019 — — — — — — — — 24,932 25,473 (1,678 ) 10,610 2020 — — — — — — — — — 24,036 (3,092 ) 12,902 Total $ 129,754 (1) Non-Standard Auto (Direct Auto) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 2019 2020 2011 $ 1,290 $ 1,890 $ 2,342 $ 2,590 $ 2,761 $ 2,830 $ 2,851 $ 2,925 $ 2,937 $ 2,939 2012 — 1,696 2,421 3,041 3,587 4,081 4,503 4,671 4,730 4,915 2013 — — 1,944 3,123 3,796 4,291 4,602 4,808 4,890 4,960 2014 — — — 2,201 3,573 4,452 5,369 5,781 6,151 6,327 2015 — — — — 2,967 5,202 7,057 8,327 9,560 10,057 2016 — — — — — 3,526 6,272 8,559 10,603 11,058 2017 — — — — — — 4,385 6,981 10,034 11,366 2018 — — — — — — — 6,034 12,285 15,204 2019 — — — — — — — — 10,203 16,214 2020 — — — — — — — — — 9,964 Total $ 93,004 All outstanding liabilities prior to 2011, net of reinsurance 33 Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 36,783 (1) 99 Table of Contents Home and Farm Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 31,948 $ 32,104 $ 32,113 $ 31,771 $ 31,684 $ 31,388 $ 31,306 $ 31,313 $ 31,312 $ 31,325 — 5,946 2012 — 25,179 24,439 24,320 24,091 24,081 24,079 24,088 24,086 24,324 — 3,631 2013 — — 29,976 29,217 28,531 28,315 28,286 28,315 27,593 27,588 — 4,189 2014 — — — 36,663 36,001 35,770 35,589 35,684 35,534 35,497 12 5,241 2015 — — — — 32,789 31,818 31,297 31,577 31,446 31,612 15 3,923 2016 — — — — — 45,825 44,510 44,945 44,602 44,728 91 6,346 2017 — — — — — — 42,110 41,593 41,886 41,779 204 4,932 2018 — — — — — — — 42,515 43,846 43,747 323 4,561 2019 — — — — — — — — 45,438 45,828 911 5,426 2020 — — — — — — — — — 36,264 2,416 3,721 Total $ 362,692 (1) Home and Farm Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 29,399 $ 33,019 $ 31,126 $ 31,460 $ 31,702 $ 31,277 $ 31,304 $ 31,313 $ 31,312 $ 31,325 2012 — 21,761 23,863 24,029 24,168 24,075 24,076 24,087 24,086 24,324 2013 — — 23,354 26,934 27,183 27,221 27,456 27,495 27,560 27,583 2014 — — — 32,207 35,199 35,219 35,371 35,481 35,482 35,485 2015 — — — — 27,204 30,164 30,350 30,573 31,383 31,597 2016 — — — — — 37,656 44,942 44,270 44,530 44,583 2017 — — — — — — 34,657 38,928 40,442 40,941 2018 — — — — — — — 37,881 42,814 43,178 2019 — — — — — — — — 38,709 43,253 2020 — — — — — — — — — 29,274 Total $ 351,543 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 11,149 (1) 100 Table of Contents Crop Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 55,094 $ 54,953 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ — 3,211 2012 — 13,546 13,676 13,673 13,673 13,673 13,673 13,673 13,673 13,673 — 2,137 2013 — — 40,976 39,665 39,665 39,665 39,665 39,665 39,665 39,665 — 2,097 2014 — — — 22,686 20,333 20,333 20,333 20,333 20,333 20,333 — 2,268 2015 — — — — 13,813 13,849 13,849 13,849 13,849 13,849 — 2,427 2016 — — — — — 20,209 19,582 19,487 19,487 19,487 — 2,806 2017 — — — — — — 33,733 34,181 34,181 34,181 — 2,968 2018 — — — — — — — 12,506 11,730 11,730 — 2,147 2019 — — — — — — — — 33,913 37,629 — 3,101 2020 — — — — — — — — — 28,688 22 2,339 Total $ 278,886 (1) Crop Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 57,741 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 $ 59,651 2012 — 13,078 13,673 13,673 13,673 13,673 13,673 13,673 13,673 13,673 2013 — — 35,511 39,665 39,665 39,665 39,665 39,665 39,665 39,665 2014 — — — 17,788 20,333 20,333 20,333 20,333 20,333 20,333 2015 — — — — 12,866 13,849 13,849 13,849 13,849 13,849 2016 — — — — — 16,444 19,487 19,487 19,487 19,487 2017 — — — — — — 32,767 34,181 34,181 34,181 2018 — — — — — — — 10,764 11,730 11,730 2019 — — — — — — — — 26,332 37,629 2020 — — — — — — — — — 28,038 Total $ 278,236 All outstanding liabilities prior to 2010, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 650 (1) 101 Table of Contents Commercial (Westminster) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 (1) 2019 (1) 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 1,911 $ 1,740 $ 1,758 $ 1,828 $ 1,827 $ 1,821 $ 1,821 $ 1,821 $ 1,821 $ 1,848 — 137 2012 — 2,795 2,492 2,539 2,583 2,666 2,680 2,680 2,680 2,680 — 133 2013 — — 2,214 1,982 2,000 1,935 2,058 2,053 2,037 2,036 — 138 2014 — — — 4,385 4,274 4,286 4,428 4,450 4,443 4,445 10 272 2015 — — — — 3,082 3,258 4,019 4,218 4,293 4,238 2 278 2016 — — — — — 4,661 5,719 6,200 6,091 6,248 36 264 2017 — — — — — — 5,552 6,249 6,838 7,347 251 320 2018 — — — — — — — 10,358 11,177 12,414 628 476 2019 — — — — — — — — 11,658 13,051 1,269 399 2020 — — — — — — — — — 14,774 3,043 390 Total $ 69,081 (1) Commercial (Westminster) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 (1) 2017 (1) 2018 (1) 2019 (1) 2020 2011 $ 1,496 $ 1,718 $ 1,745 $ 1,758 $ 1,781 $ 1,821 $ 1,821 $ 1,821 $ 1,821 $ 1,848 2012 — 1,634 2,364 2,442 2,537 2,591 2,680 2,680 2,680 2,680 2013 — — 1,494 1,727 1,829 1,889 1,949 2,035 2,036 2,036 2014 — — — 3,330 3,921 4,151 4,269 4,395 4,403 4,410 2015 — — — — 2,126 2,794 3,332 3,950 4,206 4,231 2016 — — — — — 3,172 5,289 5,630 5,693 6,112 2017 — — — — — — 3,573 4,927 5,865 6,576 2018 — — — — — — — 6,494 9,472 10,591 2019 — — — — — — — — 6,294 9,925 2020 — — — — — — — — — 8,146 Total $ 56,555 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 12,526 (1) 102 Table of Contents Commercial (non-Westminster) Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, At December 31, 2020 Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 Total IBNR Plus Expected Development on Reported Claims Cumulative Number of Reported Claims (in thousands, except claim counts) 2011 $ 1,937 $ 1,444 $ 1,414 $ 1,407 $ 1,429 $ 1,450 $ 1,433 $ 1,433 $ 1,433 $ 1,433 $ — 220 2012 — 1,600 1,125 1,001 988 985 970 969 969 970 — 142 2013 — — 2,690 2,637 2,566 2,548 2,508 2,511 2,511 2,511 — 227 2014 — — — 2,180 1,732 1,694 1,675 1,650 1,650 1,650 — 163 2015 — — — — 1,695 1,643 1,637 1,582 1,580 1,580 — 135 2016 — — — — — 2,683 2,526 2,515 2,516 2,512 — 288 2017 — — — — — — 2,530 2,513 2,510 2,497 — 167 2018 — — — — — — — 1,652 1,576 1,609 109 147 2019 — — — — — — — — 2,607 2,782 15 187 2020 — — — — — — — — — 2,293 250 116 Total $ 19,837 (1) Commercial (non-Westminster) Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance For the Year Ended December 31, Accident Year 2011 (1) 2012 (1) 2013 (1) 2014 (1) 2015 (1) 2016 2017 2018 2019 2020 2011 $ 1,054 $ 1,357 $ 1,322 $ 1,374 $ 1,393 $ 1,428 $ 1,433 $ 1,433 $ 1,433 $ 1,433 2012 — 776 932 985 969 969 970 969 969 970 2013 — — 2,520 2,751 2,530 2,504 2,508 2,511 2,511 2,511 2014 — — — 1,782 1,925 1,563 1,640 1,650 1,650 1,650 2015 — — — — 1,274 1,796 1,818 1,580 1,580 1,580 2016 — — — — — 1,822 2,806 2,498 2,512 2,512 2017 — — — — — — 1,530 2,465 2,497 2,497 2018 — — — — — — — 1,049 1,213 1,240 2019 — — — — — — — — 1,917 2,712 2020 — — — — — — — — — 1,543 Total $ 18,648 All outstanding liabilities prior to 2011, net of reinsurance — Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance $ 1,189 (1)
Schedule of reconciliation of the net incurred and paid claims development	The following table presents a reconciliation of the net incurred and paid claims development tables to the liability for unpaid losses and loss adjustment expenses in our Consolidated Balance Sheet: December 31, 2020 Liabilities for unpaid losses and loss adjustment expenses: Private passenger auto $ 20,311 Non-standard auto (Primero) 6,553 Non-standard auto (Direct Auto) 36,783 Home and farm 11,737 Crop 771 Commercial (Westminster) 17,900 Commercial (non-Westminster) 1,189 All other 10,506 Total liabilities for unpaid losses and loss adjustment expenses 105,750 Reinsurance recoverables on losses: Private passenger auto 412 Non-standard auto (Primero) — Non-standard auto (Direct Auto) — Home and farm 588 Crop 121 Commercial (Westminster) 5,374 Commercial (non-Westminster) — All other 2,215 Total reinsurance recoverables on losses 8,710 Net liability for unpaid losses and loss adjustment expenses $ 97,040
Schedule of required supplementary information about average historical claims duration	The following table presents required supplementary information about average historical claims duration as of December 31, 2020: Average Annual Percentage Payout of Incurred Claims by Age, Net of Reinsurance Years 1 2 3 4 5 6 7 8 9 10 Private Passenger Auto 50.0% 19.2% 12.3% 6.7% 4.9% 3.3% 1.7% 1.4% 0.5% — Non-Standard Auto (Primero) 78.4% 16.3% 3.9% 1.0% 0.2% 0.1% 0.1% — — — Non-Standard Auto (Direct Auto) 34.5% 23.6% 16.2% 10.2% 6.4% 3.6% 2.4% 1.5% 0.8% 0.8% Home and Farm 52.6% 8.2% 9.5% 5.1% 1.7% 1.9% 7.2% 5.8% 8.0% — Crop 100.0% — — — — — — — — — Commercial (Westminster) 57.5% 23.1% 6.5% 9.4% 3.5% — — — — — Commercial (non-Westminster) 68.2% 13.2% 6.6% 4.0% 1.2% 1.5% 1.4% 0.9% 0.9% 2.2%

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Dec. 31, 2020
Reinsurance Disclosures [Abstract]
Schedule of Property and equipment	Property and equipment consisted of the following: December 31, 2020 2019 Estimated Useful Life Cost: Real estate $ 15,313 $ 12,733 10 - 31 years Electronic data processing equipment 1,271 1,271 5-7 years Furniture and fixtures 2,867 2,796 5-7 years Automobiles 1,275 1,130 2-3 years Gross cost 20,726 17,930 Accumulated depreciation (10,827 ) (10,236 ) Total property and equipment, net $ 9,899 $ 7,694

Goodwill and Other Intangibles

Goodwill and Other Intangibles (Tables)	12 Months Ended
	Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of Carrying Amount of Goodwill by Segment	The following table presents the carrying amount of the Company’s goodwill by segment: December 31, 2020 2019 Non-standard auto from acquisition of Primero $ 2,628 $ 2,628 Commercial from acquisition of Westminster 6,756 — Total $ 9,384 $ 2,628
Schedule of Carrying Amount of Other Intangible Assets	The following table presents the carrying amount of the Company’s other intangible assets: December 31, 2020 Gross Carrying Amount Accumulated Amortization Net Subject to amortization: Trade names $ 748 $ 166 $ 582 Distribution network 6,700 372 6,328 Total subject to amortization 7,448 538 6,910 Not subject to amortization – state insurance licenses 1,900 - 1,900 Total $ 9,348 $ 538 $ 8,810 December 31, 2019 Gross Carrying Amount Accumulated Amortization Net Subject to amortization: Trade names $ 248 $ 66 $ 182 Other 20 18 2 Total subject to amortization 268 84 184 Not subject to amortization – state insurance license 100 - 100 Total $ 368 $ 84 $ 284
Schedule of Estimated Amortization of Other Intangible Assets	Other intangible assets that have finite lives, including trade names and distribution networks, are amortized over their useful lives. The estimated amortization of other intangible assets with finite lives for the next five years and thereafter is as follows: Year ending December 31, Amount 2021 $ 472 2022 472 2023 455 2024 422 2025 422 Thereafter 4,667 Total other intangible assets with finite lives $ 6,910

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2020
Related Party Transactions [Abstract]
Schedule of Pooling Share Percentages	For the year ended December 31, 2020, the pooling share percentages by insurance company subsidiary were: Pool Percentage Nodak Insurance Company 66.0 % American West Insurance Company 7.0 % Primero Insurance Company 3.0 % Battle Creek Mutual Insurance Company 2.0 % Direct Auto Insurance Company 13.0 % Westminster American Insurance Company 9.0 % Total 100.0 %
Schedule of illustrates the impact of consolidating Battle Creek into our consolidated balance sheets and statements of operations prior to intercompany eliminations	The following tables illustrate the impact of including Battle Creek in our Consolidated Balance Sheets and Statements of Operations prior to intercompany eliminations: December 31, 2020 2019 Assets: Cash and cash equivalents $ 6,055 $ — Investments 5,543 4,661 Premiums and agents’ balances receivable 4,738 4,801 Deferred policy acquisition costs 479 — Pooling receivable (1) 920 — Reinsurance recoverables on losses (2) 5,646 26,330 Accrued investment income 27 33 Deferred income tax asset, net 101 343 Property and equipment 337 348 Other assets 49 45 Total assets $ 23,895 $ 36,561 Liabilities: Unpaid losses and loss adjustment expenses $ 2,445 $ 10,622 Unearned premiums 2,381 15,708 Notes payable (1) 3,000 3,000 Reinsurance losses payable (2) 11,221 1,706 Accrued expenses and other liabilities 303 2,026 Total liabilities 19,350 33,026 Equity: Non-controlling interest 4,545 3,499 Total equity 4,545 3,499 Total liabilities and equity $ 23,895 $ 36,561 (1) Amount fully eliminated in consolidation. (2) Amount partly eliminated in consolidation. Year Ended December 31, 2020 2019 2018 Revenues: Net premiums earned $ 5,673 $ — $ — Fee and other income (23 ) (9 ) 12 Net investment income (3 ) 139 147 Net capital gain on investments 1 3 - Total revenues 5,648 133 159 Expenses: Losses and loss adjustment expenses 3,369 — — Amortization of deferred policy acquisition costs 1,029 — — Other underwriting and general expenses 77 — — Total expenses 4,475 — — Income before income taxes 1,173 133 159 Income taxes 218 34 (4 ) Net income $ 955 $ 99 $ 163

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of components of our provision for income taxes	On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security Act (“CARES Act”) was enacted, implementing numerous changes to tax law including temporary changes regarding the prior and future utilization of net operating losses, temporary changes to the prior and future limitations on interest deductions, and the creation of certain refundable employee retention credits. There has been no impact to the Company’s income taxes due to this legislation. The components of our provision for income tax expense were as follows: Year Ended December 31, 2020 2019 2018 Federal Current $ 10,109 $ 5,116 $ 8,020 Deferred 638 1,871 (692 ) Total federal 10,747 6,987 7,328 State 725 324 593 Total provision for income taxes $ 11,472 $ 7,311 $ 7,921
Schedule of provision for income taxes differs from the amount that would be computed by applying the statutory federal rate to income before provision for income taxes	The provision for income taxes differs from the amount that would be computed by applying the statutory federal rate to income before provision for income taxes as a result of the following: Year Ended December 31, 2020 2019 2018 Income before income taxes $ 52,816 $ 33,811 $ 39,165 Expected provision for federal income taxes at 21% $ 11,091 $ 7,100 $ 8,100 Tax-exempt interest (209 ) (235 ) (232 ) Dividends received deduction (104 ) (89 ) (87 ) Executive compensation 130 151 159 Change in valuation allowance (17 ) 7 (41 ) State income taxes, net of federal impact 570 224 476 Other 11 153 (454 ) Total provision for income taxes $ 11,472 $ 7,311 $ 7,921
Schedule of deferred income tax assets and deferred income tax liabilities	The income tax effects of temporary differences that give rise to significant portions of our deferred income tax assets and deferred income tax liabilities at December 31, 2020 and 2019 are as follows: December 31, 2020 2019 Deferred income tax assets: Unearned premium $ 5,013 $ 3,750 Unpaid losses and loss adjustment expenses 792 615 Net operating loss carryovers 1,260 977 Other 1,538 952 Total deferred income tax assets 8,603 6,294 Deferred income tax liabilities: Deferred policy acquisition costs 5,033 3,234 Net unrealized gains on investments 9,897 6,927 Intangibles 1,451 39 Other 48 90 Total deferred income tax liabilities 16,429 10,290 Net deferred income tax liability (7,826 ) (3,996 ) Valuation allowance (931 ) (594 ) Deferred income tax liability, net $ (8,757 ) $ (4,590 )

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2020
Security Capital Corporation [Member]
Schedule of Minimum Future Commitments Under Non-Cancellable Leases	As of December 31, 2020, we have minimum future commitments under non-cancellable leases as follows: Year ending December 31, Estimated Future Minimum Commitments 2021 $ 249 2022 319 2023 358 2024 320 2025 286 Thereafter 1,066

Common Stock (Tables)

Common Stock (Tables)	12 Months Ended
	Dec. 31, 2020
Common Stock Tables Abstract
Schedule of number of common stock shares	Changes in the number of common stock shares outstanding are as follows: Year Ended December 31, 2020 2019 2018 Shares outstanding, beginning 22,119,380 22,192,894 22,337,644 Treasury shares repurchased through stock repurchase authorization (856,499 ) (116,034 ) (191,265 ) Issuance of treasury shares for vesting of stock awards 31,442 18,205 22,200 Issuance of shares related to employee stock ownership plan 24,315 24,315 24,315 Shares outstanding, ending 21,318,638 22,119,380 22,192,894

Stock Based Compensation (Table

Stock Based Compensation (Tables)	12 Months Ended
	Dec. 31, 2020
Share-based Payment Arrangement [Abstract]
Schedule of Restricted Stock Outstanding	A summary of the Company’s outstanding restricted stock units is presented below: Shares Weighted-Average Grant-Date Fair Value Per Share Units outstanding and unearned at January 1, 2018 65,500 $ 17.31 RSUs granted during 2018 40,000 16.25 RSUs earned during 2018 (31,620 ) 16.99 Units outstanding and unearned at December 31, 2018 73,880 $ 16.87 RSUs granted during 2019 57,100 15.81 RSUs earned during 2019 (34,440 ) 16.24 Units outstanding and unearned at December 31, 2019 96,540 $ 16.47 RSUs granted during 2020 66,000 14.27 RSUs earned during 2020 (46,760 ) 16.33 Units outstanding and unearned at December 31, 2020 115,780 $ 15.27
Schedule of RSU activity	The following table shows the impact of RSU activity to the Company’s financial results: Year Ended December 31, 2020 2019 2018 RSU compensation expense $ 1,035 $ 792 $ 999 Income tax benefit (217 ) (166 ) (210 ) RSU compensation expense, net of income taxes $ 818 $ 626 $ 789 Total grant-date fair value of vested RSUs at end of period $ 764 $ 568 $ 537
Schedule of Performance Stock Outstanding	A summary of the Company’s outstanding PSUs is presented below: Performance Share Units Weighted-Average Grant-Date Fair Value Per Share Units outstanding and unearned at January 1, 2018 — $ — PSUs granted during 2018 (at target) 48,600 16.25 Units outstanding and unearned at December 31, 2018 48,600 $ 16.25 PSUs granted during 2019 (at target) 62,400 15.21 Units outstanding and unearned at December 31, 2019 111,000 $ 15.27 PSUs granted during 2020 (at target) 63,600 14.26 Units outstanding and unearned at December 31, 2020 174,600 $ 15.15
Schedule of PSU activity	The following table shows the impact of PSU activity to the Company’s financial results: Year Ended December 31, 2020 2019 2018 PSU compensation expense $ 1,262 $ 822 $ 233 Income tax benefit (265 ) (173 ) (49 ) PSU compensation expense, net of income taxes $ 997 $ 649 $ 184 Total grant-date fair value of vested PSUs at end of period $ — $ — $ —

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2020
Earnings per common share:
Schedule of reconciliation of the numerators and denominators we used in the basic and diluted per share	The following table presents a reconciliation of the numerators and denominators we used in the basic and diluted per share computations for our common stock: Year Ended December 31, 2020 2019 2018 Basic earnings per common share: Numerator: Net income attributable to NI Holdings $ 40,389 $ 26,401 $ 31,081 Denominator: Weighted average shares outstanding 21,772,475 22,179,747 22,358,858 Basic earnings per common share $ 1.86 $ 1.19 $ 1.39 Diluted earnings per common share: Numerator: Net income attributable to NI Holdings $ 40,389 $ 26,401 $ 31,081 Denominator: Number of shares used in basic computation 21,772,475 22,179,747 22,358,858 Weighted average effect of dilutive securities Add: RSUs and PSUs 169,995 85,601 26,896 Number of shares used in diluted computation 21,942,470 22,265,348 22,385,754 Diluted earnings per common share $ 1.84 $ 1.19 $ 1.39

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of revenue by insurance product line	The loss and LAE ratio equals losses and loss adjustment expenses divided by net premiums earned. The expense ratio equals amortization of deferred policy acquisition costs and other underwriting and general expenses, divided by net premiums earned. The combined ratio equals losses and loss adjustment expenses, amortization of deferred policy acquisition costs, and other underwriting and general expenses, divided by net premiums earned. 116 Table of Contents Year Ended December 31, 2020 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 74,998 $ 53,909 $ 82,036 $ 39,893 $ 45,557 $ 4,668 $ 301,061 Assumed premiums earned — — — 1,896 — 4,563 6,459 Ceded premiums earned (2,989 ) (172 ) (7,157 ) (6,071 ) (7,269 ) (201 ) (23,859 ) Net premiums earned 72,009 53,737 74,879 35,718 38,288 9,030 283,661 Direct losses and LAE 45,423 30,347 38,700 36,022 32,620 2,258 185,370 Assumed losses and LAE — — (116 ) 1,070 — 2,354 3,308 Ceded losses and LAE 88 — (1,839 ) (5,713 ) (12,190 ) (551 ) (20,205 ) Net losses and LAE 45,511 30,347 36,745 31,379 20,430 4,061 168,473 Gross margin 26,498 23,390 38,134 4,339 17,858 4,969 115,188 Underwriting and general expenses 19,986 20,739 20,874 4,807 16,358 2,304 85,068 Underwriting gain (loss) 6,512 2,651 17,260 (468 ) 1,500 2,665 30,120 Fee and other income 1,337 1,801 3,988 Net investment income 7,271 Net capital gain on investments 13,624 Income before income taxes 52,816 Income taxes 11,472 Net income 41,344 Net income attributable to non-controlling interest 955 Net income attributable to NI Holdings, Inc. $ 40,389 Non-GAAP Ratios: Loss and LAE ratio 63.2 % 56.5 % 49.1 % 87.9 % 53.4 % 45.0 % 59.4 % Expense ratio 27.8 % 38.6 % 27.9 % 13.5 % 42.7 % 25.5 % 30.0 % Combined ratio 91.0 % 95.1 % 76.9 % 101.3 % 96.1 % 70.5 % 89.4 % Balances at December 31, 2020: Premiums and agents’ balances receivable $ 18,540 $ 6,543 $ 9,072 $ — $ 13,732 $ 636 $ 48,523 Deferred policy acquisition costs 5,461 4,649 7,828 — 5,588 442 23,968 Reinsurance recoverables 412 — 588 121 5,374 2,215 8,710 Receivable from Federal Crop Insurance Corporation — — — 6,646 — — 6,646 Goodwill and other intangibles — 2,860 — — 15,334 — 18,194 Unpaid losses and LAE 20,311 43,336 11,737 771 19,089 10,506 105,750 Unearned premiums 28,293 16,147 41,301 — 30,705 2,917 119,363 117 Table of Contents Year Ended December 31, 2019 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 71,297 $ 57,278 $ 77,832 $ 42,277 $ 4,546 $ 4,431 $ 257,661 Assumed premiums earned — — — 2,072 1 3,824 5,897 Ceded premiums earned (3,314 ) (164 ) (6,661 ) (6,330 ) (450 ) (201 ) (17,120 ) Net premiums earned 67,983 57,114 71,171 38,019 4,097 8,054 246,438 Direct losses and LAE 53,022 32,654 47,282 35,148 2,541 3,296 173,943 Assumed losses and LAE 63 — — 1,582 — 2,387 4,032 Ceded losses and LAE (389 ) — (1,681 ) (4,639 ) (52 ) (1,504 ) (8,265 ) Net losses and LAE 52,696 32,654 45,601 32,091 2,489 4,179 169,710 Gross margin 15,287 24,460 25,570 5,928 1,608 3,875 76,728 Underwriting and general expenses 18,886 21,077 20,106 4,396 863 1,930 67,258 Underwriting gain (loss) (3,599 ) 3,383 5,464 1,532 745 1,945 9,470 Fee and other income 1,638 2,125 5,021 Net investment income 7,433 Net capital gain on investments 14,783 Income before income taxes 33,811 Income taxes 7,311 Net income 26,500 Net income attributable to non-controlling interest 99 Net income attributable to NI Holdings, Inc. $ 26,401 Non-GAAP Ratios: Loss and LAE ratio 77.5 % 57.2 % 64.1 % 84.4 % 60.8 % 51.9 % 68.9 % Expense ratio 27.8 % 36.9 % 28.3 % 11.6 % 21.1 % 24.0 % 27.3 % Combined ratio 105.3 % 94.1 % 92.3 % 96.0 % 81.8 % 75.9 % 96.2 % Balances at December 31, 2019: Premiums and agents’ balances receivable $ 18,194 $ 7,876 $ 9,088 $ — $ 940 $ 593 $ 36,691 Deferred policy acquisition costs 4,108 4,711 5,945 — 315 320 15,399 Reinsurance recoverables 500 — 1,068 998 6 1,473 4,045 Receivable from Federal Crop Insurance Corporation — — — 14,230 — — 14,230 Goodwill and other intangibles — 2,912 — — — — 2,912 Unpaid losses and LAE 19,892 43,978 10,503 8,579 1,076 9,222 93,250 Unearned premiums 27,949 16,364 39,945 — 2,334 2,684 89,276 118 Table of Contents Year Ended December 31, 2018 Private Passenger Auto Non-Standard Auto Home and Farm Crop Commercial All Other Total Direct premiums earned $ 65,457 $ 27,964 $ 70,355 $ 47,505 $ 4,230 $ 4,089 $ 219,600 Assumed premiums earned 16 — (17 ) 2,306 1 4,208 6,514 Ceded premiums earned (3,008 ) — (5,661 ) (21,112 ) (422 ) (191 ) (30,394 ) Net premiums earned 62,465 27,964 64,677 28,699 3,809 8,106 195,720 Direct losses and LAE 44,644 14,338 42,993 14,206 1,690 2,023 119,894 Assumed losses and LAE 358 — (295 ) 696 — 2,640 3,399 Ceded losses and LAE (478 ) — 17 (2,990 ) (186 ) (568 ) (4,205 ) Net losses and LAE 44,524 14,338 42,715 11,912 1,504 4,095 119,088 Gross margin 17,941 13,626 21,962 16,787 2,305 4,011 76,632 Underwriting and general expenses 18,530 9,533 19,950 3,176 875 2,053 54,117 Underwriting gain (loss) (589 ) 4,093 2,012 13,611 1,430 1,958 22,515 Fee and other income 1,406 6,496 5,499 Net investment income 6,180 Net capital gain on investments 3,974 Income before income taxes 39,165 Income taxes 7,921 Net income 31,244 Net income attributable to non-controlling interest 163 Net income attributable to NI Holdings, Inc. $ 31,081 Non-GAAP Ratios: Loss and LAE ratio 71.3 % 51.3 % 66.0 % 41.5 % 39.5 % 50.5 % 60.8 % Expense ratio 29.7 % 34.1 % 30.8 % 11.1 % 23.0 % 25.3 % 27.7 % Combined ratio 100.9 % 85.4 % 96.9 % 52.6 % 62.5 % 75.8 % 88.5 % Balances at December 31, 2018: Premiums and agents’ balances receivable $ 16,558 $ 7,769 $ 8,630 $ — $ 854 $ 476 $ 34,287 Deferred policy acquisition costs 3,658 3,364 5,279 — 280 285 12,866 Reinsurance recoverables 176 — 730 384 (28 ) 970 2,232 Receivable from Federal Crop Insurance Corporation — — — 16,169 — — 16,169 Goodwill and other intangibles — 4,623 — — — — 4,623 Unpaid losses and LAE 18,154 46,786 10,732 2,126 643 8,680 87,121 Unearned premiums 26,022 17,177 36,883 — 2,200 2,485 84,767 119 Table of Contents For purposes of evaluating profitability of the non-standard auto segment, management combines the policy fees paid by the insured with the underwriting gain or loss as its primary measure. As a result, these fees are allocated to the non-standard auto segment (included in fee and other income) in the above tables. The remaining fee and other income amounts are not allocated to any segment, including the $4,578 gain realized on the bargain purchase of Direct Auto in 2018.

Statutory Net Income, Capital_2

Statutory Net Income, Capital and Surplus, and Dividend Restrictions (Tables)	12 Months Ended
	Dec. 31, 2020
Insurance [Abstract]
Schedule of presents selected information, as filed with insurance regulatory authorities, for our insurance subsidiaries	The following table presents selected information, as filed with insurance regulatory authorities, for our insurance subsidiaries as determined in accordance with accounting practices prescribed or permitted by such insurance regulatory authorities as of and for the years ended December 31, 2020, 2019, and 2018: 2020 2019 2018 Nodak Insurance: Statutory capital and surplus $ 216,278 $ 189,836 $ 175,875 Statutory unassigned surplus 211,278 184,836 170,875 Statutory net income 24,529 9,398 19,943 American West: Statutory capital and surplus 18,368 16,168 13,889 Statutory unassigned surplus 12,367 10,167 7,888 Statutory net income 2,158 2,232 1,238 Primero: Statutory capital and surplus 9,818 8,727 9,767 Statutory unassigned surplus (deficit) 559 (532 ) 508 Statutory net income (loss) 1,023 (1,256 ) 1,061 Battle Creek: Statutory capital and surplus 6,875 6,189 6,052 Statutory unassigned surplus 3,875 3,189 3,052 Statutory net income 693 133 159 Direct Auto: Statutory capital and surplus 35,819 28,683 19,146 Statutory unassigned surplus 32,819 25,683 16,146 Statutory net income 7,898 7,377 7,530 Westminster: Statutory capital and surplus 23,592 20,897 20,175 Statutory unassigned surplus 18,592 15,897 15,175 Statutory net income 2,719 225 701

Interim Financial Data (unaud_2

Interim Financial Data (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Schedule of summary of unaudited quarterly results	The following table provides a summary of unaudited quarterly results for the periods presented. Year Ended December 31, 2020 First Quarter Second Quarter Third Quarter Fourth Quarter Net premiums earned $ 58,772 $ 82,006 $ 73,342 $ 69,541 Net investment income 1,971 2,018 1,886 1,396 Total revenues 46,186 95,667 80,854 83,650 Total expenses 50,581 71,989 75,980 54,991 Net income (loss) before non-controlling interest (3,555 ) 18,767 3,686 22,446 Net income (loss) attributable to NI Holdings, Inc. (3,587 ) 18,733 3,664 21,579 Basic earnings (loss) per common share (0.16 ) 0.86 0.17 1.01 Diluted earnings (loss) per common share (0.16 ) 0.85 0.17 1.00 Year Ended December 31, 2019 First Quarter Second Quarter Third Quarter Fourth Quarter Net premiums earned $ 50,506 $ 65,114 $ 67,116 $ 63,702 Net investment income 1,743 1,778 1,983 1,929 Total revenues 60,572 68,648 70,248 71,311 Total expenses 42,928 65,133 78,849 50,058 Net income (loss) before non-controlling interest 13,796 2,515 (6,959 ) 17,148 Net income (loss) attributable to NI Holdings, Inc. 13,773 2,478 (6,979 ) 17,129 Basic earnings (loss) per common share 0.62 0.11 (0.32 ) 0.77 Diluted earnings (loss) per common share 0.62 0.11 (0.31 ) 0.77

Organization (Details)

Organization (Details) - Nodak Insurance [Member]	12 Months Ended
	Dec. 31, 2020
Percentage of shares exchanged	55.00%
Percentage of quota share agreement	100.00%

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Narrative) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounting Policies [Abstract]
Other invested assets	$ 2,924	$ 1,914
Federal Deposit Insurance Corporation amount	250
Short-term investment balances in investment that are insured by SIPC	$ 500

Acquisitions (Narrative) (Detai

Acquisitions (Narrative) (Details) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Aug. 31, 2018USD ($)	Dec. 31, 2020USD ($)Number	Sep. 30, 2020USD ($)	Jun. 30, 2020USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2019USD ($)	Sep. 30, 2019USD ($)	Jun. 30, 2019USD ($)	Mar. 31, 2019USD ($)	Dec. 31, 2020USD ($)Number	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)	Jan. 02, 2020
Business Acquisition [Line Items]
Revenue contribution		$ 83,650	$ 80,854	$ 95,667	$ 46,186	$ 71,311	$ 70,248	$ 68,648	$ 60,572	$ 306,357	$ 270,779	$ 212,370
Net income		22,446	$ 3,686	$ 18,767	$ (3,555)	17,148	$ (6,959)	$ 2,515	$ 13,796	41,344	26,500	31,244
Direct Auto Insurance Company [Member]
Business Acquisition [Line Items]
Ownership percentage in acquisition	100.00%
Gain on bargain purchase	$ 4,578									4,578		4,578
Revenue contribution												14,178
Net income												2,979
Acquisition related costs incurred												$ 118
Fair values of acquired intangibles		248								$ 248
Finite lived intangible asset useful life										5 years
Direct Auto Insurance Company [Member] | State Insurance License [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		100								$ 100
Direct Auto Insurance Company [Member] | Favorable Lease Contract [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		20								20
Direct Auto Insurance Company [Member] | Direct Auto Trade Name [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		248								248
Direct Auto Insurance Company [Member] | VOBA [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		5,134								5,134
Westminster American Insurance Company [Member]
Business Acquisition [Line Items]
Ownership percentage in acquisition													100.00%
Acquisition related costs incurred		828				$ 83				828	$ 83
Fair values of acquired intangibles		$ 500								$ 500
Number of installments | Number		3								3
Westminster American Insurance Company [Member] | State Insurance License [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		$ 1,800								$ 1,800
Westminster American Insurance Company [Member] | Direct Auto Trade Name [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		500								500
Westminster American Insurance Company [Member] | VOBA [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		4,750								4,750
Westminster American Insurance Company [Member] | Distribution Network [Member]
Business Acquisition [Line Items]
Fair values of acquired intangibles		$ 6,700								$ 6,700

Acquisitions (Schedule of Profo

Acquisitions (Schedule of Proforma Information of Business Combination) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Direct Auto Insurance Company [Member]
Business Acquisition [Line Items]
Revenues		$ 237,346
Net income attributable to NI Holdings, Inc.		$ 27,166
Basic earnings per common share attributable to NI Holdings, Inc.		$ 1.21
Westminster American Insurance Company [Member]
Business Acquisition [Line Items]
Revenues	$ 292,858
Net income attributable to NI Holdings, Inc.	$ 24,394
Basic earnings per common share attributable to NI Holdings, Inc.	$ 1.10

Acquisitions (Schedule of Ident

Acquisitions (Schedule of Identified Assets Acquired and Liabilities Assumed) (Details) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Aug. 31, 2018	Dec. 31, 2020	Dec. 31, 2018	Dec. 31, 2019
Identifiable net assets:
Goodwill		$ 9,384	$ 4,623	$ 2,628
Direct Auto Insurance Company [Member]
Fair Value of Consideration:
Cash consideration transferred		17,000
Identifiable net assets:
Cash and cash equivalents		44,485
Fixed income securities, Fair Value		11,414
Equity securities, Fair Value		14,634
Premiums and agents' balances receivable		5,849
Accrued investment income		63
Property and equipment		31
Favorable lease contract (included in goodwill and other intangibles)		20
License (included in goodwill and other intangibles)		100
Trade name (included in goodwill and other intangibles)		248
Value of business acquired (included in goodwill and other intangibles)		5,134
Other assets		107
Unpaid losses and loss adjustment expenses		(40,967)
Unearned premiums		(15,955)
Federal income tax payable		(1,486)
Deferred income taxes, net		(1,442)
Accrued expenses and other liabilities		(657)
Total identifiable net assets		21,578
Gain on bargain purchase	$ 4,578	4,578	$ 4,578
Westminster American Insurance Company [Member]
Fair Value of Consideration:
Cash consideration transferred		20,000
Present value of future cash consideration		18,787
Total cash consideration		38,787
Identifiable net assets:
Cash and cash equivalents		19,297
Fixed income securities, Fair Value		12,073
Equity securities, Fair Value		2,705
Other investments		735
Premiums and agents' balances receivable		8,507
Reinsurance recoverables on losses		763
Accrued investment income		70
Property and equipment		2,376
Federal income tax recoverable		138
License (included in goodwill and other intangibles)		1,800
Distribution network (included in goodwill and other intangibles)		6,700
Trade name (included in goodwill and other intangibles)		500
Value of business acquired (included in goodwill and other intangibles)		4,750
Other assets		76
Unpaid losses and loss adjustment expenses		(8,568)
Unearned premiums		(16,611)
Deferred income taxes, net		(1,583)
Reinsurance premiums payable		(565)
Accrued expenses and other liabilities		(1,132)
Total identifiable net assets		32,031
Goodwill		$ 6,756

Recent Accounting Pronounceme_2

Recent Accounting Pronouncements (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)
Recent Accounting Pronouncements Narrative
Income tax effects from accumulated other comprehensive income to retained earnings
Pre-tax unrealized net capital gains	$ 8,184

Investments (Narrative) (Detail

Investments (Narrative) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2020USD ($)Claims	Dec. 31, 2019USD ($)Claims	Dec. 31, 2018USD ($)
Investments [Abstract]
Fixed income securities with a fair value	$ 6,093	$ 5,585
Percentage of fixed maturities amortized cost values	80.00%
Other than temporary impairment	$ (7,771)	$ (3,246)	$ (3,974)
Equity securities [Member]
Investments [Abstract]
Number of securities | Claims	67	88

Investments (Schedule of amorti

Investments (Schedule of amortized cost and estimated fair value of investment securities) (Details) - Fixed income securities [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	$ 303,905	$ 288,704
Gross Unrealized Gains	16,801	7,595
Gross Unrealized Losses	(296)	(354)
Fair Value	320,410	295,945
U.S. Government and agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	13,334	17,078
Gross Unrealized Gains	1,055	472
Gross Unrealized Losses	(6)	(4)
Fair Value	14,383	17,546
States, territories and possessions and political subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	61,001	55,232
Gross Unrealized Gains	3,278	1,511
Gross Unrealized Losses	(35)	(91)
Fair Value	64,244	56,652
Corporate securities [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	119,826	109,457
Gross Unrealized Gains	8,755	3,772
Gross Unrealized Losses	(147)	(16)
Fair Value	128,434	113,213
Residential mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	35,017	50,458
Gross Unrealized Gains	1,478	1,050
Gross Unrealized Losses	(1)	(22)
Fair Value	36,494	51,486
Commercial mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	23,976	26,450
Gross Unrealized Gains	1,700	658
Gross Unrealized Losses	(21)	(51)
Fair Value	25,655	27,057
Asset-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Cost or Amortized Cost	50,751	30,029
Gross Unrealized Gains	535	132
Gross Unrealized Losses	(86)	(170)
Fair Value	$ 51,200	$ 29,991

Investments (Schedule of Fixed

Investments (Schedule of Fixed Maturities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Marketable Securities [Abstract]
Amortized Cost, Due to mature One year or less	$ 17,722	$ 19,567
Amortized Cost, Due to mature After one year through five years	86,709	84,937
Amortized Cost, Due to mature After five years through ten years	59,408	55,927
Amortized Cost, Due to mature After ten years	30,322	21,336
Amortized Cost, Due to mature Mortgage/asset-backed securities	109,744	106,937
Available-for-sale Securities, Debt Maturities, Amortized Cost	303,905	288,704
Fair Value, Due to mature One year or less	17,933	19,663
Fair Value, Due to mature After one year through five years	91,457	87,134
Fair Value, Due to mature After five years through ten years	64,987	58,466
Fair Value, Due to mature After ten years	32,684	22,148
Fair Value, Due to mature Mortgage/asset-backed securities	113,349	108,534
Available-for-sale Securities, Debt Securities, Estimated Fair Value	$ 320,410	$ 295,945

Investments (Schedule of aggreg

Investments (Schedule of aggregate fair value and gross unrealized loss) (Details) - Fixed income securities [Member] - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	$ 12,908	$ 26,841
Less than 12 months Gross Unrealized Losses	(191)	(250)
Greater than 12 months Fair Value	4,922	11,572
Greater than 12 months Gross Unrealized Losses	(105)	(104)
Fair Value, Total	17,830	38,413
Gross Unrealized Losses, Total	(296)	(354)
U.S. Government and agencies [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	931	494
Less than 12 months Gross Unrealized Losses	(6)	(4)
Greater than 12 months Fair Value
Greater than 12 months Gross Unrealized Losses
Fair Value, Total	931	494
Gross Unrealized Losses, Total	(6)	(4)
States, territories and possessions and political subdivisions [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	1,806	8,018
Less than 12 months Gross Unrealized Losses	(35)	(91)
Greater than 12 months Fair Value
Greater than 12 months Gross Unrealized Losses
Fair Value, Total	1,806	8,018
Gross Unrealized Losses, Total	(35)	(91)
Corporate securities [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	3,215	2,066
Less than 12 months Gross Unrealized Losses	(97)	(15)
Greater than 12 months Fair Value	734	650
Greater than 12 months Gross Unrealized Losses	(50)	(1)
Fair Value, Total	3,949	2,716
Gross Unrealized Losses, Total	(147)	(16)
Residential mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	68	2,911
Less than 12 months Gross Unrealized Losses	(1)	(9)
Greater than 12 months Fair Value		2,583
Greater than 12 months Gross Unrealized Losses		(13)
Fair Value, Total	68	5,494
Gross Unrealized Losses, Total	(1)	(22)
Commercial mortgage-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	1,103	4,841
Less than 12 months Gross Unrealized Losses	(21)	(35)
Greater than 12 months Fair Value		653
Greater than 12 months Gross Unrealized Losses		(16)
Fair Value, Total	1,103	5,494
Gross Unrealized Losses, Total	(21)	(51)
Asset-backed securities [Member]
Debt Securities, Available-for-sale [Line Items]
Less than 12 months Fair Value	5,785	8,511
Less than 12 months Gross Unrealized Losses	(31)	(96)
Greater than 12 months Fair Value	4,188	7,686
Greater than 12 months Gross Unrealized Losses	(55)	(74)
Fair Value, Total	9,973	16,197
Gross Unrealized Losses, Total	$ (86)	$ (170)

Investments (Schedule of Net In

Investments (Schedule of Net Investment Income) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Total gross investment income	$ 10,519	$ 9,826	$ 8,384
Investment expenses	3,248	2,393	2,204
Net investment income	7,271	7,433	6,180
Fixed income securities [Member]
Debt Securities, Available-for-sale [Line Items]
Total gross investment income	8,682	8,394	6,975
Equity securities [Member]
Debt Securities, Available-for-sale [Line Items]
Total gross investment income	1,220	996	934
Real estate [Member]
Debt Securities, Available-for-sale [Line Items]
Total gross investment income	587	365	364
Cash and Cash Equivalents [Member]
Debt Securities, Available-for-sale [Line Items]
Total gross investment income	$ 30	$ 71	$ 111

Investments (Schedule of compon

Investments (Schedule of components of net realized capital gain (loss) on investments) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Debt Securities, Available-for-sale [Line Items]
Gross realized gains	$ 9,740	$ 4,652	$ 5,962
Gross realized losses, excluding other-than-temporary impairment losses	(1,969)	(1,406)	(1,606)
Other-than-temporary impairment losses			(382)
Net realized gain on investments	7,771	3,246	3,974
Change in net unrealized gain on equity securities	5,853	11,537
Net capital gain on investments	13,624	14,783	3,974
Fixed income securities [Member]
Debt Securities, Available-for-sale [Line Items]
Gross realized gains	1,035	341	72
Gross realized losses, excluding other-than-temporary impairment losses	(132)	(147)	(426)
Equity securities [Member]
Debt Securities, Available-for-sale [Line Items]
Gross realized gains	8,705	4,311	5,890
Gross realized losses, excluding other-than-temporary impairment losses	$ (1,837)	$ (1,259)	$ (1,180)

Fair Value Measurements (Schedu

Fair Value Measurements (Schedule of assets, which are measured on a recurring basis) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Total fixed income securities	$ 320,410	$ 295,945
Total equity securities	69,952	59,932
Cash and cash equivalents	101,077	62,132	$ 68,950	$ 27,594
Total assets at fair value	491,439	418,009
Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
Total equity securities	69,952	59,932
Cash and cash equivalents	65,354	43,707
Total assets at fair value	135,306	103,639
Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	320,410	295,945
Total equity securities
Cash and cash equivalents
Total assets at fair value	356,133	314,370
Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Total equity securities
Cash and cash equivalents
Total assets at fair value
U.S. Government and agencies [Member]
Total fixed income securities	14,383	17,546
U.S. Government and agencies [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
U.S. Government and agencies [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	14,383	17,546
U.S. Government and agencies [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
States, territories and possessions and political subdivisions [Member]
Total fixed income securities	64,244	56,652
States, territories and possessions and political subdivisions [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
States, territories and possessions and political subdivisions [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	64,244	56,652
States, territories and possessions and political subdivisions [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Corporate securities [Member]
Total fixed income securities	128,434	113,213
Corporate securities [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
Corporate securities [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	128,434	113,213
Corporate securities [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Residential mortgage-backed securities [Member]
Total fixed income securities	36,494	51,486
Residential mortgage-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
Residential mortgage-backed securities [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	36,494	51,486
Residential mortgage-backed securities [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Commercial mortgage-backed securities [Member]
Total fixed income securities	25,655	27,057
Commercial mortgage-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
Commercial mortgage-backed securities [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	25,655	27,057
Commercial mortgage-backed securities [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Asset-backed securities [Member]
Total fixed income securities	51,200	29,991
Asset-backed securities [Member] | Fair Value, Inputs, Level 1 [Member]
Total fixed income securities
Asset-backed securities [Member] | Fair Value, Inputs, Level 2 [Member]
Total fixed income securities	51,200	29,991
Asset-backed securities [Member] | Fair Value, Inputs, Level 3 [Member]
Total fixed income securities
Basic materials [Member]
Total equity securities	1,285	1,210
Basic materials [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	1,285	1,210
Basic materials [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Basic materials [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Communications [Member]
Total equity securities	7,455	6,996
Communications [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	7,455	6,996
Communications [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Communications [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Consumer, cyclical [Member]
Total equity securities	9,929	9,612
Consumer, cyclical [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	9,929	9,612
Consumer, cyclical [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Consumer, cyclical [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Consumer, non-cyclical [Member]
Total equity securities	14,633	12,567
Consumer, non-cyclical [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	14,633	12,567
Consumer, non-cyclical [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Consumer, non-cyclical [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Energy [Member]
Total equity securities	1,499	2,456
Energy [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	1,499	2,456
Energy [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Energy [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Financial [Member]
Total equity securities	6,235	5,929
Financial [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	6,235	5,929
Financial [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Financial [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Industrial [Member]
Total equity securities	12,733	9,299
Industrial [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	12,733	9,299
Industrial [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Industrial [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Technology [Member]
Total equity securities	16,145	11,863
Technology [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	16,145	11,863
Technology [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Technology [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities
Utility [Member]
Total equity securities	38
Utility [Member] | Fair Value, Inputs, Level 1 [Member]
Total equity securities	38
Utility [Member] | Fair Value, Inputs, Level 2 [Member]
Total equity securities
Utility [Member] | Fair Value, Inputs, Level 3 [Member]
Total equity securities

Reinsurance (Narrative) (Detail

Reinsurance (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reinsurance Retention Policy [Line Items]
Reinsurance Retention Policy, Amount Retained		$ 10,000	$ 10,000	$ 10,000
Reinsurance Retention Policy, Excess Retention, Amount Reinsured		97,000	78,600	74,600
Retained risk amount		$ 10,000	$ 10,000	$ 10,000
Ceded reinsurance commission percentage		100.00%
Subsequent Event [Member]
Reinsurance Retention Policy [Line Items]
Reinsurance Retention Policy, Amount Retained	$ 10,000
Reinsurance Retention Policy, Excess Retention, Amount Reinsured	117,000
Retained risk amount	$ 10,000

Reinsurance (Schedule of reconc

Reinsurance (Schedule of reconciliation of direct to net premiums on both a written and an earned basis) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Premiums Written
Direct premium									$ 314,187	$ 262,145	$ 225,223
Assumed premium									6,590	5,921	6,441
Ceded premium									(23,633)	(17,120)	(30,394)
Net premiums									297,144	250,946	201,270
Premiums Earned
Direct premium									301,061	257,661	219,600
Assumed premium									6,459	5,897	6,514
Ceded premium									(23,859)	(17,120)	(30,394)
Net premiums	$ 69,541	$ 73,342	$ 82,006	$ 58,772	$ 63,702	$ 67,116	$ 65,114	$ 50,506	$ 283,661	$ 246,438	$ 195,720
Percentage of assumed premium earned to direct premium earned									2.10%	2.30%	3.00%

Reinsurance (Schedule of reco_2

Reinsurance (Schedule of reconciliation of direct to net losses and loss adjustment expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Reinsurance Disclosures [Abstract]
Direct losses and loss adjustment expenses	$ 185,370	$ 173,943	$ 119,894
Assumed losses and loss adjustment expenses	3,308	4,032	3,399
Ceded losses and loss adjustment expenses	(20,205)	(8,265)	(4,205)
Net losses and loss adjustment expenses	$ 168,473	$ 169,710	$ 119,088

Deferred Policy Acquisition C_3

Deferred Policy Acquisition Costs (Schedule of deferred policy acquisition costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred Policy Acquisition Costs Disclosures [Abstract]
Balance, beginning of year	$ 15,399	$ 12,866	$ 8,859
Deferral of policy acquisition costs	60,041	48,721	35,863
Amortization of deferred policy acquisition costs	(51,472)	(46,188)	(31,856)
Balance, end of year	$ 23,968	$ 15,399	$ 12,866

Unpaid Losses and Loss Adjust_3

Unpaid Losses and Loss Adjustment Expenses (Schedule of liability for unpaid losses and loss adjustment expenses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Liability for Unpaid Claims and Claims Adjustment Expense, Activity in Liability [Abstract]
Liability for unpaid losses and loss adjustment expenses	$ 93,250	$ 87,121	$ 45,890
Reinsurance recoverables on losses	4,045	2,232	4,128
Net balance at beginning of year	89,205	84,889	41,762
Acquired unpaid losses and loss adjustment expenses related to:
Current year			17,795
Prior years	8,568		23,172
Total acquired	8,568		40,967
Incurred related to:
Current year	165,181	176,219	119,677
Prior years	3,292	(6,509)	(589)
Total Incurred	168,473	169,710	119,088
Paid related to:
Current year	116,755	125,940	92,175
Prior years	52,451	39,454	24,753
Total paid	169,206	165,394	116,928
Liability for unpaid losses and loss adjustment expenses	105,750	93,250	87,121
Reinsurance recoverables on losses	8,710	4,045	2,232
Net balance at end of year	$ 97,040	$ 89,205	$ 84,889

Unpaid Losses and Loss Adjust_4

Unpaid Losses and Loss Adjustment Expenses (Schedule of Non Standard Auto incurred and paid claims development) (Details) $ in Thousands	Dec. 31, 2020USD ($)Claims	Dec. 31, 2019USD ($)		Dec. 31, 2018USD ($)		Dec. 31, 2017USD ($)		Dec. 31, 2016USD ($)		Dec. 31, 2015USD ($)	[1]	Dec. 31, 2014USD ($)	[1]	Dec. 31, 2013USD ($)	[1]	Dec. 31, 2012USD ($)	[1]	Dec. 31, 2011USD ($)	[1]
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	$ 105,750	$ 93,250		$ 87,121		$ 45,890
Private Passenger Auto [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	354,497
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	334,612
All outstanding liabilities prior to 2011, net of reinsurance	14
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	19,899
Private Passenger Auto [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	23,785	23,852		23,826		23,814		$ 23,967		$ 24,209		$ 24,409		$ 25,220		$ 24,126		$ 25,552
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 23,785	23,852		23,747		23,732		23,583		23,339		23,024		22,325		22,161		19,116
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	11,485
Private Passenger Auto [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 22,523	23,651		23,621		23,298		24,133		24,098		24,323		24,787		26,962
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 22,490	23,324		23,271		23,073		22,726		22,640		21,888		21,434		18,681
Total IBNR Plus Expected Development on Reported Claims | Claims	3
Cumulative Number of Reported Claims | Claims	9,726
Private Passenger Auto [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 26,077	26,105		26,138		26,014		27,334		27,363		27,840		29,079
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 26,019	26,035		25,843		25,718		24,918		24,765		23,576		20,077
Total IBNR Plus Expected Development on Reported Claims | Claims	36
Cumulative Number of Reported Claims | Claims	10,825
Private Passenger Auto [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 29,479	29,298		29,144		29,099		30,427		31,349		32,548
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 29,239	28,765		28,281		27,443		27,076		25,727		22,744
Total IBNR Plus Expected Development on Reported Claims | Claims	115
Cumulative Number of Reported Claims | Claims	11,744
Private Passenger Auto [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 30,455	30,679		30,503		30,461		31,532		32,438
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 30,120	29,795		29,598		28,933		27,171		23,401
Total IBNR Plus Expected Development on Reported Claims | Claims	230
Cumulative Number of Reported Claims | Claims	11,687
Private Passenger Auto [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 38,535	39,314		39,057		39,260		40,227
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 37,833	38,108		37,307		35,845		29,009
Total IBNR Plus Expected Development on Reported Claims | Claims	298
Cumulative Number of Reported Claims | Claims	14,317
Private Passenger Auto [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 40,427	40,120		40,199		40,779
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 39,738	38,331		37,050		31,033
Total IBNR Plus Expected Development on Reported Claims | Claims	287
Cumulative Number of Reported Claims | Claims	13,740
Private Passenger Auto [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 43,641	43,428		44,925
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 41,479	40,213		34,358
Total IBNR Plus Expected Development on Reported Claims | Claims	591
Cumulative Number of Reported Claims | Claims	14,651
Private Passenger Auto [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 53,328	53,769
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 48,414	42,414
Total IBNR Plus Expected Development on Reported Claims | Claims	1,279
Cumulative Number of Reported Claims | Claims	16,451
Private Passenger Auto [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 46,247
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 35,495
Total IBNR Plus Expected Development on Reported Claims | Claims	2,477
Cumulative Number of Reported Claims | Claims	12,624
Non-standard auto (Primero) [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 95,294
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	88,741
All outstanding liabilities prior to 2011, net of reinsurance
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	6,553
Non-standard auto (Primero) [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	8,178	8,178		8,178		8,168		8,168		8,168		8,191		8,178		8,173		8,129
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,178	8,178		8,178		8,168		8,168		8,168		8,146		7,984		7,445		4,457
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	1,939
Non-standard auto (Primero) [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,323	8,324		8,324		8,312		8,302		8,361		8,369		8,491		8,749
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,323	8,324		8,324		8,312		8,302		8,276		7,983		7,522		4,377
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,048
Non-standard auto (Primero) [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,844	10,828		10,833		10,843		10,804		10,800		10,823		11,063
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,844	10,818		10,815		10,805		10,717		10,508		9,675		6,320
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,617
Non-standard auto (Primero) [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 7,606	7,625		7,612		7,577		7,591		7,619		7,297
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 7,606	7,605		7,579		7,521		7,423		6,707		3,733
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	1,838
Non-standard auto (Primero) [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,622	9,641		9,691		9,655		9,806		9,727
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,622	9,620		9,557		9,479		8,685		5,335
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	1,793
Non-standard auto (Primero) [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,008	10,033		10,054		10,048		9,967
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,974	9,912		9,790		8,882		5,409
Total IBNR Plus Expected Development on Reported Claims | Claims	9
Cumulative Number of Reported Claims | Claims	1,740
Non-standard auto (Primero) [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,541	8,556		8,654		8,722
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,460	8,204		7,660		4,348
Total IBNR Plus Expected Development on Reported Claims | Claims	18
Cumulative Number of Reported Claims | Claims	1,460
Non-standard auto (Primero) [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,763	11,804		10,445
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,616	10,536		5,492
Total IBNR Plus Expected Development on Reported Claims | Claims	40
Cumulative Number of Reported Claims | Claims	1,791
Non-standard auto (Primero) [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,391	12,264
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,007	6,309
Total IBNR Plus Expected Development on Reported Claims | Claims	163
Cumulative Number of Reported Claims | Claims	1,490
Non-Standard Auto (Primero) [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,018
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,111
Total IBNR Plus Expected Development on Reported Claims | Claims	992
Cumulative Number of Reported Claims | Claims	899
Home and Farm [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 362,692
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	351,543
All outstanding liabilities prior to 2011, net of reinsurance
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	11,149
Home and Farm [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	31,325	31,312		31,313		31,306		31,388		31,684		31,771		32,113		32,104		31,948
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 31,325	31,312		31,313		31,304		31,277		31,702		31,460		31,126		33,019		29,399
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	5,946
Home and Farm [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 24,324	24,086		24,088		24,079		24,081		24,091		24,320		24,439		25,179
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 24,324	24,086		24,087		24,076		24,075		24,168		24,029		23,863		21,761
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	3,631
Home and Farm [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 27,588	27,593		28,315		28,286		28,315		28,531		29,217		29,976
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 27,583	27,560		27,495		27,456		27,221		27,183		26,934		23,354
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	4,189
Home and Farm [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 35,497	35,534		35,684		35,589		35,770		36,001		36,663
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 35,485	35,482		35,481		35,371		35,219		35,199		32,207
Total IBNR Plus Expected Development on Reported Claims | Claims	12
Cumulative Number of Reported Claims | Claims	5,241
Home and Farm [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 31,612	31,446		31,577		31,297		31,818		32,789
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 31,597	31,383		30,573		30,350		30,164		27,204
Total IBNR Plus Expected Development on Reported Claims | Claims	15
Cumulative Number of Reported Claims | Claims	3,923
Home and Farm [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 44,728	44,602		44,945		44,510		45,825
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 44,583	44,530		44,270		44,942		37,656
Total IBNR Plus Expected Development on Reported Claims | Claims	91
Cumulative Number of Reported Claims | Claims	6,346
Home and Farm [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 41,779	41,886		41,593		42,110
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 40,941	40,442		38,928		34,657
Total IBNR Plus Expected Development on Reported Claims | Claims	204
Cumulative Number of Reported Claims | Claims	4,932
Home and Farm [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 43,747	43,846		42,515
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 43,178	42,814		37,881
Total IBNR Plus Expected Development on Reported Claims | Claims	323
Cumulative Number of Reported Claims | Claims	4,561
Home and Farm [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 45,828	45,438
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 43,253	38,709
Total IBNR Plus Expected Development on Reported Claims | Claims	911
Cumulative Number of Reported Claims | Claims	5,426
Home and Farm [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 36,264
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 29,274
Total IBNR Plus Expected Development on Reported Claims | Claims	2,416
Cumulative Number of Reported Claims | Claims	3,721
Crop [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 278,886
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	278,236
All outstanding liabilities prior to 2011, net of reinsurance
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	650
Crop [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	59,651	59,651		59,651		59,651		59,651		59,651		59,651		59,651		54,953		55,094
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 59,651	59,651		59,651		59,651		59,651		59,651		59,651		59,651		59,651		57,741
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	3,211
Crop [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 13,673	13,673		13,673		13,673		13,673		13,673		13,673		13,676		13,546
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 13,673	13,673		13,673		13,673		13,673		13,673		13,673		13,673		13,078
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,137
Crop [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 39,665	39,665		39,665		39,665		39,665		39,665		39,665		40,976
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 39,665	39,665		39,665		39,665		39,665		39,665		39,665		35,511
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,097
Crop [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 20,333	20,333		20,333		20,333		20,333		20,333		22,686
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 20,333	20,333		20,333		20,333		20,333		20,333		17,788
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,268
Crop [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 13,849	13,849		13,849		13,849		13,849		13,813
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 13,849	13,849		13,849		13,849		13,849		12,866
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,427
Crop [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 19,487	19,487		19,487		19,582		20,209
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 19,487	19,487		19,487		19,487		16,444
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,806
Crop [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 34,181	34,181		34,181		33,733
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 34,181	34,181		34,181		32,767
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,968
Crop [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,730	11,730		12,506
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,730	11,730		10,764
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	2,147
Crop [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 37,629	33,913
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 37,629	26,332
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	3,101
Crop [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 28,688
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 28,038
Total IBNR Plus Expected Development on Reported Claims | Claims	22
Cumulative Number of Reported Claims | Claims	2,339
Non-Standard Auto (Direct Auto) [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 129,754
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	93,004
All outstanding liabilities prior to 2011, net of reinsurance	33
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	36,783
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	2,984	2,983		3,003		2,874	[1]	2,854	[1]	2,902		2,937		3,134		3,313		5,296
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,939	2,937		2,925		2,851	[1]	2,830	[1]	2,761		2,590		2,342		1,890		1,290
Total IBNR Plus Expected Development on Reported Claims | Claims	13
Cumulative Number of Reported Claims | Claims	2,910
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 5,009	4,930		4,909		4,643	[1]	4,215	[1]	3,916		3,927		4,159		7,164
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,915	4,730		4,671		4,503	[1]	4,081	[1]	3,587		3,041		2,421		1,696
Total IBNR Plus Expected Development on Reported Claims | Claims	27
Cumulative Number of Reported Claims | Claims	3,357
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 5,131	5,049		5,160		5,278	[1]	5,261	[1]	5,869		6,020		10,596
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,960	4,890		4,808		4,602	[1]	4,291	[1]	3,796		3,123		1,944
Total IBNR Plus Expected Development on Reported Claims | Claims	18
Cumulative Number of Reported Claims | Claims	3,372
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 6,672	6,476		6,745		8,381	[1]	6,224	[1]	9,068		14,010
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 6,327	6,151		5,781		5,369	[1]	4,452	[1]	3,573		2,201
Total IBNR Plus Expected Development on Reported Claims | Claims	54
Cumulative Number of Reported Claims | Claims	4,788
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,945	10,704		10,538		13,043	[1]	14,498	[1]	17,917
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,057	9,560		8,327		7,057	[1]	5,202	[1]	2,967
Total IBNR Plus Expected Development on Reported Claims | Claims	(219)
Cumulative Number of Reported Claims | Claims	9,083
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 12,876	13,956		13,552		14,660	[1]	20,547	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,058	10,603		8,559		6,272	[1]	3,526	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	(282)
Cumulative Number of Reported Claims | Claims	11,159
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 14,648	15,858		18,621		23,376	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 11,366	10,034		6,981		4,385	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	(2,938)
Cumulative Number of Reported Claims | Claims	11,671
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 21,980	22,662		25,791
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 15,204	12,285		6,034
Total IBNR Plus Expected Development on Reported Claims | Claims	(501)
Cumulative Number of Reported Claims | Claims	15,523
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 25,473	24,932
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 16,214	10,203
Total IBNR Plus Expected Development on Reported Claims | Claims	(1,678)
Cumulative Number of Reported Claims | Claims	10,610
Non-Standard Auto (Direct Auto) [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 24,036
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,964
Total IBNR Plus Expected Development on Reported Claims | Claims	(3,092)
Cumulative Number of Reported Claims | Claims	12,902
Non-Standard Auto (Westminster) [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 69,081
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	56,555
All outstanding liabilities prior to 2011, net of reinsurance
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	12,526
Non-Standard Auto (Westminster) [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	1,848	1,821	[1]	1,821	[1]	1,821	[1]	1,821	[1]	1,827		1,828		1,758		1,740		1,911
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,848	1,821	[1]	1,821	[1]	1,821	[1]	1,821	[1]	1,781		1,758		1,745		1,718		1,496
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	137
Non-Standard Auto (Westminster) [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,680	2,680	[1]	2,680	[1]	2,680	[1]	2,666	[1]	2,583		2,539		2,492		2,795
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,680	2,680	[1]	2,680	[1]	2,680	[1]	2,591	[1]	2,537		2,442		2,364		1,634
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	133
Non-Standard Auto (Westminster) [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,036	2,037	[1]	2,053	[1]	2,058	[1]	1,935	[1]	2,000		1,982		2,214
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,036	2,036	[1]	2,035	[1]	1,949	[1]	1,889	[1]	1,829		1,727		1,494
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	138
Non-Standard Auto (Westminster) [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,445	4,443	[1]	4,450	[1]	4,428	[1]	4,286	[1]	4,274		4,385
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,410	4,403	[1]	4,395	[1]	4,269	[1]	4,151	[1]	3,921		3,330
Total IBNR Plus Expected Development on Reported Claims | Claims	10
Cumulative Number of Reported Claims | Claims	272
Non-Standard Auto (Westminster) [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,238	4,293	[1]	4,218	[1]	4,019	[1]	3,258	[1]	3,082
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 4,231	4,206	[1]	3,950	[1]	3,332	[1]	2,794	[1]	2,126
Total IBNR Plus Expected Development on Reported Claims | Claims	2
Cumulative Number of Reported Claims | Claims	278
Non-Standard Auto (Westminster) [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 6,248	6,091	[1]	6,200	[1]	5,719	[1]	4,661	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 6,112	5,693	[1]	5,630	[1]	5,289	[1]	3,172	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	36
Cumulative Number of Reported Claims | Claims	264
Non-Standard Auto (Westminster) [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 7,347	6,838	[1]	6,249	[1]	5,552	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 6,576	5,865	[1]	4,927	[1]	3,573	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	251
Cumulative Number of Reported Claims | Claims	320
Non-Standard Auto (Westminster) [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 12,414	11,177	[1]	10,358	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 10,591	9,472	[1]	6,494	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	628
Cumulative Number of Reported Claims | Claims	476
Non-Standard Auto (Westminster) [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 13,051	11,658	[1]
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 9,925	6,294	[1]
Total IBNR Plus Expected Development on Reported Claims | Claims	1,269
Cumulative Number of Reported Claims | Claims	399
Non-Standard Auto (Westminster) [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 14,774
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 8,146
Total IBNR Plus Expected Development on Reported Claims | Claims	3,043
Cumulative Number of Reported Claims | Claims	390
Non-Standard Auto (non-Westminster) [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 19,837
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	18,648
Liabilities for Unpaid Losses and Loss Adjustment Expenses, net of reinsurance	1,189
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2011 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	1,433	1,433		1,433		1,433		1,450		1,429		1,407		1,414		1,444		1,937
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,433	1,433		1,433		1,433		1,428		1,393		1,374		1,322		1,357		$ 1,054
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	220
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2012 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 970	969		969		970		985		988		1,001		1,125		1,600
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 970	969		969		970		969		969		985		932		$ 776
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	142
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2013 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,511	2,511		2,511		2,508		2,548		2,566		2,637		2,690
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,511	2,511		2,511		2,508		2,504		2,530		2,751		$ 2,520
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	227
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2014 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,650	1,650		1,650		1,675		1,694		1,732		2,180
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,650	1,650		1,650		1,640		1,563		1,925		$ 1,782
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	163
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2015 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,580	1,580		1,582		1,637		1,643		1,695
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,580	1,580		1,580		1,818		1,796		$ 1,274
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	135
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2016 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,512	2,516		2,515		2,526		2,683
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,512	2,512		2,498		2,806		$ 1,822
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	288
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2017 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,497	2,510		2,513		2,530
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,497	2,497		2,465		$ 1,530
Total IBNR Plus Expected Development on Reported Claims | Claims
Cumulative Number of Reported Claims | Claims	167
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2018 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,609	1,576		1,652
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,240	1,213		$ 1,049
Total IBNR Plus Expected Development on Reported Claims | Claims	109
Cumulative Number of Reported Claims | Claims	147
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2019 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,782	2,607
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,712	$ 1,917
Total IBNR Plus Expected Development on Reported Claims | Claims	15
Cumulative Number of Reported Claims | Claims	187
Non-Standard Auto (non-Westminster) [Member] | Accident Year 2020 [Member]
Incurred Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 2,293
Paid Claims and Allocated Claim Adjustment Expenses, Net of Reinsurance	$ 1,543
Total IBNR Plus Expected Development on Reported Claims | Claims	250
Cumulative Number of Reported Claims | Claims	116
[1]	Prior years unaudited

Unpaid Losses and Loss Adjust_5

Unpaid Losses and Loss Adjustment Expenses (Schedule of reconciliation of the net incurred and paid claims) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	$ 97,040
Reinsurance recoverables on losses:	8,710
Net liability for unpaid losses and loss adjustment expenses	105,750	$ 93,250	$ 87,121
Private Passenger Auto [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	20,311
Reinsurance recoverables on losses:	412
Non-standard auto (Primero) [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	6,553
Reinsurance recoverables on losses:
Non-Standard Auto (Direct Auto) [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	36,783
Reinsurance recoverables on losses:
Home and Farm [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	11,737
Reinsurance recoverables on losses:	588
Crop [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	771
Reinsurance recoverables on losses:	121
Commercial (Westminster) [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	17,900
Reinsurance recoverables on losses:	5,374
Commercial (non-Westminster) [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	1,189
All Other [Member]
Liability for Claims and Claims Adjustment Expense [Line Items]
Liabilities for unpaid losses and loss adjustment expenses:	10,506
Reinsurance recoverables on losses:	$ 2,215

Unpaid Losses and Loss Adjust_6

Unpaid Losses and Loss Adjustment Expenses (Schedule of required information about average historical claims) (Details)	Dec. 31, 2020
Private Passenger Auto [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	50.00%
Years 2	19.20%
Years 3	12.30%
Years 4	6.70%
Years 5	4.90%
Years 6	3.30%
Years 7	1.70%
Years 8	1.40%
Years 9	0.50%
Years 10
Non-Standard Auto (Primero) [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	78.40%
Years 2	16.30%
Years 3	3.90%
Years 4	1.00%
Years 5	0.20%
Years 6	0.10%
Years 7	0.10%
Years 8
Years 9
Years 10
Non-Standard Auto (Direct Auto) [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	34.50%
Years 2	23.60%
Years 3	16.20%
Years 4	10.20%
Years 5	6.40%
Years 6	3.60%
Years 7	2.40%
Years 8	1.50%
Years 9	0.80%
Years 10	0.80%
Home and Farm [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	52.60%
Years 2	8.20%
Years 3	9.50%
Years 4	5.10%
Years 5	1.70%
Years 6	1.90%
Years 7	7.20%
Years 8	5.80%
Years 9	8.00%
Years 10
Crop [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	100.00%
Years 2
Years 3
Years 4
Years 5
Years 6
Years 7
Years 8
Years 9
Years 10
Commercial (Westminster) [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	57.50%
Years 2	23.10%
Years 3	6.50%
Years 4	9.40%
Years 5	3.50%
Years 6
Years 7
Years 8
Years 9
Years 10
Commercial (non-Westminster) [Member]
Short-duration Insurance Contracts, Historical Claims Duration [Line Items]
Years 1	68.20%
Years 2	13.20%
Years 3	6.60%
Years 4	4.00%
Years 5	1.20%
Years 6	1.50%
Years 7	1.40%
Years 8	0.90%
Years 9	0.90%
Years 10	2.20%

Property and Equipment (Details

Property and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Cost:	$ 20,726	$ 17,930
Accumulated depreciation	(10,827)	(10,236)
Total property and equipment, net	9,899	7,694
Depreciation expense	709	538	$ 492
Real estate [Member]
Cost:	$ 15,313	12,733
Real estate [Member] | Minimum [Member]
Estimated Useful Life	10 years
Real estate [Member] | Maximum [Member]
Estimated Useful Life	31 years
Electronic data processing equipment [Member]
Cost:	$ 1,271	1,271
Electronic data processing equipment [Member] | Minimum [Member]
Estimated Useful Life	5 years
Electronic data processing equipment [Member] | Maximum [Member]
Estimated Useful Life	7 years
Furniture and Fixtures [Member]
Cost:	$ 2,867	2,796
Furniture and Fixtures [Member] | Minimum [Member]
Estimated Useful Life	5 years
Furniture and Fixtures [Member] | Maximum [Member]
Estimated Useful Life	7 years
Automobiles [Member]
Cost:	$ 1,275	$ 1,130
Automobiles [Member] | Minimum [Member]
Estimated Useful Life	2 years
Automobiles [Member] | Maximum [Member]
Estimated Useful Life	3 years

Goodwill and Other Intangible_2

Goodwill and Other Intangibles (Schedule of Carrying Amount of Goodwill by Segment) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Goodwill [Line Items]
Goodwill	$ 9,384	$ 2,628	$ 4,623
Primero Insurance Company [Member]
Goodwill [Line Items]
Goodwill	2,628	2,628
Westminster American Insurance Company [Member]
Goodwill [Line Items]
Goodwill	$ 6,756

Goodwill and Other Intangible_3

Goodwill and Other Intangibles (Schedule of Carrying Amount of Other Intangible Assets) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	$ 9,348	$ 368
Accumulated Amortization	538	84
Net	8,810	284
Amortization expense	5,224	1,711	$ 3,507
Direct Auto Trade Name [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	748	248
Accumulated Amortization	166	66
Net	582	182
Distribution Network [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	6,700
Accumulated Amortization	372
Net	6,328
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount		20
Accumulated Amortization		18
Net		2
VOBA [Member]
Finite-Lived Intangible Assets [Line Items]
Amortization expense	4,750
Subject to Amortization [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	7,448	268
Accumulated Amortization	538	84
Net	6,910	184
Not Subject to Amortization - State Insurance Licenses [Member]
Finite-Lived Intangible Assets [Line Items]
Gross Carrying Amount	1,900	100
Accumulated Amortization
Net	$ 1,900	$ 100

Goodwill and Other Intangible_4

Goodwill and Other Intangibles (Schedule of Estimated Amortization of Other Intangible Assets) (Details) $ in Thousands	Dec. 31, 2020USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2021	$ 472
2022	472
2023	455
2024	422
2025	422
Thereafter	4,667
Net	$ 6,910

Related Party Transactions (Nar

Related Party Transactions (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Nodak Insurance [Member]
Related Party Transaction [Line Items]
Payment of dividends	$ 21,628
NI Holdings [Member]
Related Party Transaction [Line Items]
Payment of dividends	6,000
Direct Auto [Member]
Related Party Transaction [Line Items]
Payment of dividends	3,582
Westminster Insurance Company [Member]
Related Party Transaction [Line Items]
Payment of dividends	505
NDFB [Member]
Related Party Transaction [Line Items]
Royalties	1,370	$ 1,352	$ 1,315
Accrued royalties	113	$ 115
Insurance paid for due membership	$ 1,129

Related Party Transactions (Sch

Related Party Transactions (Schedule of Pooling Share Percentages) (Details)	12 Months Ended
	Dec. 31, 2020
Nodak Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	66.00%
American West Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	7.00%
Primero Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	3.00%
Battle Creek Mutual Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	2.00%
Direct Auto Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	13.00%
Westminster American Insurance Company [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	9.00%
Total [Member]
Subsidiary of Limited Liability Company or Limited Partnership [Line Items]
Total pooling share percentages	100.00%

Related Party Transactions (S_2

Related Party Transactions (Schedule of impact of consolidating Battle Creek into our consolidated balance sheets) (Details) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Assets:
Premiums and agents' balances receivable		$ 48,523				$ 36,691				$ 48,523	$ 36,691	$ 34,287
Deferred policy acquisition costs		23,968				15,399				23,968	15,399	12,866	$ 8,859
Reinsurance recoverable on losses		8,710								8,710
Accrued investment income		2,141				2,089				2,141	2,089
Property and equipment		9,899				7,694				9,899	7,694
Other assets		5,066				5,176				5,066	5,176
Total assets		617,603				508,159				617,603	508,159
Liabilities:
Unpaid losses and loss adjustment expenses		105,750				93,250				105,750	93,250	87,121
Unearned premiums		119,363				89,276				119,363	89,276	84,767
Total liabilities		268,731				198,356				268,731	198,356
Equity:
Non-controlling interest		4,545				3,499				4,545	3,499
Total shareholders' equity		348,872				309,803				348,872	309,803	275,753	$ 255,573
Total liabilities and shareholders' equity		617,603				508,159				617,603	508,159
Revenues:
Net premiums earned		69,541	$ 73,342	$ 82,006	$ 58,772	63,702	$ 67,116	$ 65,114	$ 50,506	283,661	246,438	195,720
Fee and other income										1,801	2,125	6,496
Net investment income		1,396	1,886	2,018	1,971	1,929	1,983	1,778	1,743	7,271	7,433	6,180
Net capital gain on investments										13,624	14,783	3,974
Total revenues		83,650	80,854	95,667	46,186	71,311	70,248	68,648	60,572	306,357	270,779	212,370
Expenses:
Losses and loss adjustment expenses										168,473	169,710	119,088
Amortization of deferred policy acquisition costs										51,472	46,188	31,856
Other underwriting and general expenses										33,596	21,070	22,261
Total expenses		54,991	75,980	71,989	50,581	50,058	78,849	65,133	42,928	253,541	236,968	173,205
Income before income taxes										52,816	33,811	39,165
Income taxes										11,472	7,311	7,921
Net income		22,446	$ 3,686	$ 18,767	$ (3,555)	17,148	$ (6,959)	$ 2,515	$ 13,796	41,344	26,500	31,244
Battle Creek [Member]
Assets:
Cash and cash equivalents (overdraft)		6,055								6,055
Investments		5,543				4,661				5,543	4,661
Premiums and agents' balances receivable		4,738				4,801				4,738	4,801
Deferred policy acquisition costs		479								479
Pooling receivable	[1]	920								920
Reinsurance recoverable on losses	[2]	5,646				26,330				5,646	26,330
Accrued investment income		27				33				27	33
Deferred income tax asset, net		101				343				101	343
Property and equipment		337				348				337	348
Other assets		49				45				49	45
Total assets		23,895				36,561				23,895	36,561
Liabilities:
Unpaid losses and loss adjustment expenses		2,445				10,622				2,445	10,622
Unearned premiums		2,381				15,708				2,381	15,708
Notes payable	[1]	3,000				3,000				3,000	3,000
Reinsurance premiums payable	[2]	11,221				1,706				11,221	1,706
Accrued expenses and other liabilities		303				2,026				303	2,026
Total liabilities		19,350				33,026				19,350	33,026
Equity:
Non-controlling interest		4,545				3,499				4,545	3,499
Total liabilities and shareholders' equity		$ 23,895				$ 36,561				23,895	36,561
Revenues:
Net premiums earned										5,673
Fee and other income										(23)	(9)	12
Net investment income										(3)	139	147
Net capital gain on investments										1	3
Total revenues										5,648	133	159
Expenses:
Losses and loss adjustment expenses										3,369
Amortization of deferred policy acquisition costs										1,029
Other underwriting and general expenses										77
Total expenses										4,475
Income before income taxes										1,173	133	159
Income taxes										218	34	(4)
Net income										$ 955	$ 99	$ 163
[1]	Amount fully eliminated in consolidation
[2]	Amount partly eliminated in consolidation

Benefit Plans (Details)

Benefit Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	12 Months Ended
	Mar. 31, 2017	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Company's Total contribution to the money purchase plan		$ 900	$ 618	$ 598
Company's total contributions to the 401(k) plan		$ 651	516	475
ESOP shares were released and allocated		97,260
ESOP shares in suspense		142,740
Market price		$ 16.42
Fair value of unearned ESOP shares		$ 2,344
Debt from ESOP	$ 2,400
Debt term	10 years
Interest rate	2.79%	3.25%
Percentage of ESOP in authorized shares	1.00%
Per share price	$ 10
Deferred Compensation Plan Expenses		$ 308	458	451
Compensation expense		$ 373	$ 405	$ 400
Minimum [Member]
Employee contribution in percentage		3.00%
Maximum [Member]
Employee contribution in percentage		50.00%

Line of Credit (Details)

Line of Credit (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Mar. 31, 2017
Debt Disclosure [Abstract]
Line of credit with Wells Fargo	$ 5,000	$ 5,000	$ 5,000
Interest rate	3.25%			2.79%
Line of credit expiration date	Jan. 30, 2022

Income Taxes (Narrative) (Detai

Income Taxes (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Effective tax rate	21.00%
Unrecognized tax benefits
Interest and penalties
Valuation allowance	931	594	$ 587
Battle Creek [Member]
Net operating loss carryover	$ 3,390	$ 4,652
Expiration date	Dec. 31, 2030
Westminster [Member]
Net operating loss carryover	$ 2,559
Expiration date	Dec. 31, 2023

Income Taxes (Schedule of compo

Income Taxes (Schedule of components of our provision for income taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Federal
Current	$ 10,109	$ 5,116	$ 8,020
Deferred	638	1,871	(692)
Total federal	10,747	6,987	7,328
State	725	324	593
Total provision for income taxes	$ 11,472	$ 7,311	$ 7,921

Income Taxes (Schedule of com_2

Income Taxes (Schedule of components of income before provision for income taxes) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Income before income taxes	$ 52,816	$ 33,811	$ 39,165
Expected provision for federal income taxes at 21%	11,091	7,100	8,100
Tax-exempt interest	(209)	(235)	(232)
Dividends received deduction	(104)	(89)	(87)
Executive compensation	130	151	159
Change in valuation allowance	(17)	7	(41)
State income taxes, net of federal impact	570	224	476
Other	11	153	(454)
Total provision for income taxes	$ 11,472	$ 7,311	$ 7,921
Federal income tax rate	21.00%

Income Taxes (Schedule of com_3

Income Taxes (Schedule of components of our deferred income tax assets and deferred income tax liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Deferred income tax assets:
Unearned premium	$ 5,013	$ 3,750
Unpaid losses and loss adjustment expenses	792	615
Net operating loss carryovers	1,260	977
Other	1,538	952
Total gross deferred income tax assets	8,603	6,294
Deferred income tax liabilities:
Deferred policy acquisition costs	5,033	3,234
Net unrealized gains on investments	9,897	6,927
Intangibles	1,451	39
Other	48	90
Total deferred income tax liabilities	16,429	10,290
Net deferred income tax liability	(7,826)	(3,996)
Valuation allowance	(931)	(594)	$ (587)
Deferred income tax liability, net	$ (8,757)	$ (4,590)

Operating Leases (Details)

Operating Leases (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Operating Leased Assets [Line Items]
Operating lease expenses	$ 370	$ 316	$ 140
Primero Subsidiary Lease [Member]
Operating Leased Assets [Line Items]
Lease expiration date	Dec. 31, 2023
Direct Auto Subsidiary Lease [Member]
Operating Leased Assets [Line Items]
Lease expiration date	Dec. 31, 2029
Nodak Insurance Subsidiary Lease [Member]
Operating Leased Assets [Line Items]
Lease expiration date	Dec. 31, 2024

Operating Leases (Schedule of M

Operating Leases (Schedule of Minimum Future Commitments Under Non-Cancellable Leases) (Details) $ in Thousands	Dec. 31, 2020USD ($)
Leases, Operating [Abstract]
2021	$ 249
2022	319
2023	358
2024	320
2025	286
Thereafter	$ 1,066

Common Stock (Narrative) (Detai

Common Stock (Narrative) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 04, 2020	Feb. 28, 2018
Equity [Abstract]
Authorization for repurchase of shares value					$ 10,000	$ 10,000
Shares repurchased	402,056	856,499	116,034	191,265
Shares repurchased, value	$ 4,996	$ 12,234	$ 2,006	$ 2,996

Common Stock (Schedule of chang

Common Stock (Schedule of changes in number of common stock) (Details) - shares	6 Months Ended	12 Months Ended
	Jun. 30, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Equity [Abstract]
Shares outstanding, beginning	22,119,380	22,119,380	22,192,894	22,337,644
Treasury shares repurchased through stock repurchase authorization	(402,056)	(856,499)	(116,034)	(191,265)
Issuance of treasury shares for vesting of stock awards		31,442	18,205	22,200
Issuance of shares related to employee stock ownership plan		24,315	24,315	24,315
Shares outstanding, ending		21,318,638	22,119,380	22,192,894

Stock Based Compensation (Narra

Stock Based Compensation (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
All award [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share issued	1,000,000
Shares granted	100,000
Outstanding, Aggregate Intrinsic Value	$ 1,000
All award [Member] | Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share granted not exceed	$ 150
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	66,000	57,100	40,000
Vesting period	5 years
Total unrecognized compensation cost	$ 681
Total unrecognized compensation cost, weighted average period	1 year 10 months 20 days
Percentage of RSU granted to employees per year	20.00%
Percentage of RSU granted to non-employee directors per year	100.00%
Performance Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares granted	63,600	62,400	48,600
Total unrecognized compensation cost	$ 1,090
Total unrecognized compensation cost, weighted average period	1 year 7 months 2 days
Percentage of RSU granted to employees per year	0.00%
Percentage of RSU granted to non-employee directors per year	150.00%

Stock Based Compensation (Sched

Stock Based Compensation (Schedule of Restricted Stock Outstanding) (Details) - Restricted Stock [Member] - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shares
Units outstanding and unearned at January 1	96,540	73,880	65,500
RSUs granted	66,000	57,100	40,000
RSUs vested	(46,760)	(34,440)	(31,620)
Units outstanding and unearned at December 31	115,780	96,540	73,880
Weighted Average Grant Date Fair Value
Units outstanding and unearned at January 1	$ 16.47	$ 16.87	$ 17.31
RSUs granted	14.27	15.81	16.25
RSUs vested	16.33	16.24	16.99
Units outstanding and unearned at December 31	$ 15.27	$ 16.47	$ 16.87

Stock Based Compensation (Sch_2

Stock Based Compensation (Schedule of RSU activity) (Details) - Restricted Stock [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
RSU compensation expense	$ 1,035	$ 792	$ 999
Income tax benefit	(217)	(166)	(210)
RSU compensation expense, net of income taxes	818	626	789
Total grant-date fair value of vested RSUs at end of period	$ 764	$ 568	$ 537

Stock Based Compensation (Sch_3

Stock Based Compensation (Schedule of Outstanding Performance Stock Units) (Details) - Performance Shares [Member] - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Shares
Units outstanding and unearned at January 1	111,000	48,600
PSUs granted during (at target)	63,600	62,400	48,600
Units outstanding and unearned at December 31	174,600	111,000	48,600
Weighted Average Grant Date Fair Value
Units outstanding and unearned at January 1	$ 15.27	$ 16.25
PSUs granted during (at target)	14.26	15.21	16.25
Units outstanding and unearned at December 31	$ 15.15	$ 15.27	$ 16.25

Stock Based Compensation (Sch_4

Stock Based Compensation (Schedule of PSU Activity) (Details) - Performance Shares [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
PSU compensation expense	$ 1,262	$ 822	$ 233
Income tax benefit	(265)	(173)	(49)
PSU compensation expense, net of income taxes	997	649	184
Total grant-date fair value of vested PSUs at end of period

Earnings Per Share (Narrative)

Earnings Per Share (Narrative) (Details) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings per common share:
Weighted average shares outstanding	21,772,475	22,179,747	22,358,858

Earnings per Share (Schedule of

Earnings per Share (Schedule of Calculations of Basic and Diluted Earnings Per Share) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Basic earnings per common share:
Net income attributable to NI Holdings, Inc.	$ 21,579	$ 3,664	$ 18,733	$ (3,587)	$ 17,129	$ (6,979)	$ 2,478	$ 13,773	$ 40,389	$ 26,401	$ 31,081
Weighted average shares outstanding									21,772,475	22,179,747	22,358,858
Basic earnings per common share									$ 1.86	$ 1.19	$ 1.39
Numerator:
Net income attributable to NI Holdings, Inc.	$ 21,579	$ 3,664	$ 18,733	$ (3,587)	$ 17,129	$ (6,979)	$ 2,478	$ 13,773	$ 40,389	$ 26,401	$ 31,081
Denominator:
Number of shares used in basic computation									21,772,475	22,179,747	22,358,858
Add: RSUs and PSUs									169,995	85,601	26,896
Number of shares used in diluted computation									21,942,470	22,265,348	22,385,754
Diluted earnings per share	$ 1	$ 0.17	$ 0.85	$ (0.16)	$ 0.77	$ (0.31)	$ 0.11	$ 0.62	$ 1.84	$ 1.19	$ 1.39

Segment Information (Schedule o

Segment Information (Schedule of revenue by insurance product line) (Details) - USD ($) $ in Thousands	1 Months Ended	3 Months Ended								12 Months Ended
	Mar. 31, 2020	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Direct premiums earned										$ 301,061	$ 257,661	$ 219,600
Assumed premiums earned										6,459	5,897	6,514
Ceded premiums earned										(23,859)	(17,120)	(30,394)
Net premiums earned		$ 69,541	$ 73,342	$ 82,006	$ 58,772	$ 63,702	$ 67,116	$ 65,114	$ 50,506	283,661	246,438	195,720
Direct losses and LAE										185,370	173,943	119,894
Assumed losses and LAE										3,308	4,032	3,399
Ceded losses and LAE										(20,205)	(8,265)	(4,205)
Net losses and LAE										168,473	169,710	119,088
Gross margin										115,188	76,728	76,632
Underwriting and general expenses										85,068	67,258	54,117
Underwriting gain (loss)										30,120	9,470	22,515
Fee and other income										1,801	2,125	6,496
Net investment income		1,396	1,886	2,018	1,971	1,929	1,983	1,778	1,743	7,271	7,433	6,180
Net capital gain on investments										13,624	14,783	3,974
Income before income taxes										52,816	33,811	39,165
Income taxes										11,472	7,311	7,921
Net income		22,446	3,686	18,767	(3,555)	17,148	(6,959)	2,515	13,796	41,344	26,500	31,244
Net income attributable to non-controlling interest										955	99	163
Net income attributable to NI Holdings, Inc.		21,579	$ 3,664	$ 18,733	$ (3,587)	17,129	$ (6,979)	$ 2,478	$ 13,773	$ 40,389	$ 26,401	$ 31,081
Non-GAAP Ratios:
Loss and LAE ratio										59.40%	68.90%	60.80%
Expense ratio										30.00%	27.30%	27.70%
Combined ratio										89.40%	96.20%	88.50%
Premiums and agents' balances receivable		48,523				36,691				$ 48,523	$ 36,691	$ 34,287
Deferred policy acquisition costs		23,968				15,399				23,968	15,399	12,866	$ 8,859
Reinsurance recoverables		8,710				4,045				8,710	4,045	2,232
Receivable from Federal Crop Insurance Corporation		6,646				14,230				6,646	14,230	16,169
Goodwill and other intangibles		9,384				2,628				9,384	2,628	4,623
Unpaid losses and LAE		105,750				93,250				105,750	93,250	87,121
Unearned premiums		119,363				89,276				119,363	89,276	84,767
Gain on acquisition of Direct Auto Insurance Company												4,578
Private Passenger Auto [Member]
Direct premiums earned										74,998	71,297	65,457
Assumed premiums earned												16
Ceded premiums earned										(2,989)	(3,314)	(3,008)
Net premiums earned										72,009	67,983	62,465
Direct losses and LAE										45,423	53,022	44,644
Assumed losses and LAE											63	358
Ceded losses and LAE											(389)	(478)
Ceded losses and LAE										88
Net losses and LAE										45,511	52,696	44,524
Gross margin										26,498	15,287	17,941
Underwriting and general expenses										19,986	18,886	18,530
Underwriting gain (loss)										$ 6,512	$ (3,599)	$ (589)
Non-GAAP Ratios:
Loss and LAE ratio										63.20%	77.50%	71.30%
Expense ratio										27.80%	27.80%	29.70%
Combined ratio										91.00%	105.30%	100.90%
Premiums and agents' balances receivable		18,540				18,194				$ 18,540	$ 18,194	$ 16,558
Deferred policy acquisition costs		5,461				4,108				5,461	4,108	3,658
Reinsurance recoverables		412				500				412	500	176
Receivable from Federal Crop Insurance Corporation
Goodwill and other intangibles
Unpaid losses and LAE		20,311				19,892				20,311	19,892	18,154
Unearned premiums		28,293				27,949				28,293	27,949	26,022
Non-standard auto (Primero) [Member]
Direct premiums earned										53,909	57,278	27,964
Assumed premiums earned
Ceded premiums earned										(172)	(164)
Net premiums earned										53,737	57,114	27,964
Direct losses and LAE										30,347	32,654	14,338
Assumed losses and LAE
Ceded losses and LAE
Net losses and LAE										30,347	32,654	14,338
Gross margin										23,390	24,460	13,626
Underwriting and general expenses										20,739	21,077	9,533
Underwriting gain (loss)										2,651	3,383	4,093
Fee and other income										1,337	1,638	1,406
Other income net										$ 3,988	$ 5,021	$ 5,499
Non-GAAP Ratios:
Loss and LAE ratio										56.50%	57.20%	51.30%
Expense ratio										38.60%	36.90%	34.10%
Combined ratio										95.10%	94.10%	85.40%
Premiums and agents' balances receivable		6,543				7,876				$ 6,543	$ 7,876	$ 7,769
Deferred policy acquisition costs		4,649				4,711				4,649	4,711	3,364
Reinsurance recoverables
Receivable from Federal Crop Insurance Corporation
Goodwill and other intangibles		2,860				2,912				2,860	2,912	4,623
Unpaid losses and LAE		43,336				43,978				43,336	43,978	46,786
Unearned premiums		16,147				16,364				16,147	16,364	17,177
Percentage effect on net premiums earned	6.00%
Home and Farm [Member]
Direct premiums earned										82,036	77,832	70,355
Assumed premiums earned
Assumed premiums earned												(17)
Ceded premiums earned										(7,157)	(6,661)	(5,661)
Net premiums earned										74,879	71,171	64,677
Direct losses and LAE										38,700	47,282	42,993
Assumed losses and LAE
Assumed losses and LAE										(116)		(295)
Ceded losses and LAE										(1,839)	(1,681)
Ceded losses and LAE												17
Net losses and LAE										36,745	45,601	42,715
Gross margin										38,134	25,570	21,962
Underwriting and general expenses										20,874	20,106	19,950
Underwriting gain (loss)										$ 17,260	$ 5,464	$ 2,012
Non-GAAP Ratios:
Loss and LAE ratio										49.10%	64.10%	66.00%
Expense ratio										27.90%	28.30%	30.80%
Combined ratio										76.90%	92.30%	96.90%
Premiums and agents' balances receivable		9,072				9,088				$ 9,072	$ 9,088	$ 8,630
Deferred policy acquisition costs		7,828				5,945				7,828	5,945	5,279
Reinsurance recoverables		588				1,068				588	1,068	730
Receivable from Federal Crop Insurance Corporation
Goodwill and other intangibles
Unpaid losses and LAE		11,737				10,503				11,737	10,503	10,732
Unearned premiums		41,301				39,945				41,301	39,945	36,883
Crop [Member]
Direct premiums earned										39,893	42,277	47,505
Assumed premiums earned										1,896	2,072	2,306
Ceded premiums earned										(6,071)	(6,330)	(21,112)
Net premiums earned										35,718	38,019	28,699
Direct losses and LAE										36,022	35,148	14,206
Assumed losses and LAE										1,070	1,582	696
Ceded losses and LAE										(5,713)	(4,639)	(2,990)
Net losses and LAE										31,379	32,091	11,912
Gross margin										4,339	5,928	16,787
Underwriting and general expenses										4,807	4,396	3,176
Underwriting gain (loss)										$ (468)	$ 1,532	$ 13,611
Non-GAAP Ratios:
Loss and LAE ratio										87.90%	84.40%	41.50%
Expense ratio										13.50%	11.60%	11.10%
Combined ratio										101.30%	96.00%	52.60%
Premiums and agents' balances receivable
Deferred policy acquisition costs
Reinsurance recoverables		121				998				121	998	384
Receivable from Federal Crop Insurance Corporation		6,646				14,230				6,646	14,230	16,169
Goodwill and other intangibles
Unpaid losses and LAE		771				8,579				771	8,579	2,126
Unearned premiums
Commercial [Member]
Direct premiums earned										45,557	4,546	4,230
Assumed premiums earned											1	1
Ceded premiums earned										(7,269)	(450)	(422)
Net premiums earned										38,288	4,097	3,809
Direct losses and LAE										32,620	2,541	1,690
Assumed losses and LAE
Ceded losses and LAE										(12,190)	(52)	(186)
Net losses and LAE										20,430	2,489
Gross margin										17,858	1,608	2,305
Underwriting and general expenses										16,358	863	875
Underwriting gain (loss)										$ 1,500	$ 745	$ 1,430
Non-GAAP Ratios:
Loss and LAE ratio										53.40%	60.80%	39.50%
Expense ratio										42.70%	21.10%	23.00%
Combined ratio										96.10%	81.80%	62.50%
Premiums and agents' balances receivable		13,732				940				$ 13,732	$ 940	$ 854
Deferred policy acquisition costs		5,588				315				5,588	315	280
Reinsurance recoverables		5,374				6				5,374	6
Reinsurance recoverables												(28)
Receivable from Federal Crop Insurance Corporation
Goodwill and other intangibles		15,334								15,334
Unpaid losses and LAE		19,089				1,076				19,089	1,076	643
Unearned premiums		30,705				2,334				30,705	2,334	2,200
All Other [Member]
Direct premiums earned										4,668	4,431	4,089
Assumed premiums earned										4,563	3,824	4,208
Ceded premiums earned										(201)	(201)	(191)
Net premiums earned										9,030	8,054	8,106
Direct losses and LAE										2,258	3,296	2,023
Assumed losses and LAE										2,354	2,387	2,640
Ceded losses and LAE										(551)	(1,504)	(568)
Net losses and LAE										4,061	4,179	4,095
Gross margin										4,969	3,875	4,011
Underwriting and general expenses										2,304	1,930	2,053
Underwriting gain (loss)										$ 2,665	$ 1,945	$ 1,958
Non-GAAP Ratios:
Loss and LAE ratio										45.00%	51.90%	50.50%
Expense ratio										25.50%	24.00%	25.30%
Combined ratio										70.50%	75.90%	75.80%
Premiums and agents' balances receivable		636				593				$ 636	$ 593	$ 476
Deferred policy acquisition costs		442				320				442	320	285
Reinsurance recoverables		2,215				1,473				2,215	1,473	970
Receivable from Federal Crop Insurance Corporation
Goodwill and other intangibles
Unpaid losses and LAE		10,506				9,222				10,506	9,222	8,680
Unearned premiums		$ 2,917				$ 2,684				$ 2,917	$ 2,684	$ 2,485

Statutory Net Income, Capital_3

Statutory Net Income, Capital and Surplus, and Dividend Restrictions (Schedule of filed with insurance regulatory) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Nodak Insurance [Member]
Statutory capital and surplus		$ 216,278	$ 189,836	$ 175,875
Statutory unassigned surplus		211,278	184,836	170,875
Statutory net income		24,529	9,398	19,943
Payment of dividends		21,628
American West [Member]
Statutory capital and surplus		18,368	16,168	13,889
Statutory unassigned surplus		12,367	10,167	7,888
Statutory net income		2,158	2,232	1,238
American West [Member] | Subsequent Event [Member]
Dividend distribution amount from subsidiaries	$ 1,837
Primero [Member]
Statutory capital and surplus		9,818	8,727	9,767
Statutory unassigned surplus		559	(532)	508
Statutory net income		1,023	(1,256)	1,061
Primero [Member] | Subsequent Event [Member]
Dividend distribution amount from subsidiaries	$ 512
Battle Creek [Member]
Statutory capital and surplus		6,875	6,189	6,052
Statutory unassigned surplus		3,875	3,189	3,052
Statutory net income		693	133	159
Direct Auto [Member]
Statutory capital and surplus		35,819	28,683	19,146
Statutory unassigned surplus		32,819	25,683	16,146
Statutory net income		7,898	7,377	7,530
Payment of dividends		3,582
Westminster [Member]
Statutory capital and surplus		23,592	20,897	20,175
Statutory unassigned surplus		18,592	15,897	15,175
Statutory net income		2,719	$ 225	$ 701
NI Holdings [Member]
Payment of dividends		6,000
Westminster Insurance Company [Member]
Payment of dividends		$ 505

Interim Financial Data (unaud_3

Interim Financial Data (unaudited) (Schedule of unaudited quarterly results) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Mar. 31, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Mar. 31, 2019	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Quarterly Financial Information Disclosure [Abstract]
Net premiums earned	$ 69,541	$ 73,342	$ 82,006	$ 58,772	$ 63,702	$ 67,116	$ 65,114	$ 50,506	$ 283,661	$ 246,438	$ 195,720
Net investment income	1,396	1,886	2,018	1,971	1,929	1,983	1,778	1,743	7,271	7,433	6,180
Total revenues	83,650	80,854	95,667	46,186	71,311	70,248	68,648	60,572	306,357	270,779	212,370
Total expenses	54,991	75,980	71,989	50,581	50,058	78,849	65,133	42,928	253,541	236,968	173,205
Net income (loss) before non-controlling interest	22,446	3,686	18,767	(3,555)	17,148	(6,959)	2,515	13,796	41,344	26,500	31,244
Net income (loss) attributable to NI Holdings, Inc.	$ 21,579	$ 3,664	$ 18,733	$ (3,587)	$ 17,129	$ (6,979)	$ 2,478	$ 13,773	$ 40,389	$ 26,401	$ 31,081
Basic earnings (loss) per common share	$ 1.01	$ 0.17	$ 0.86	$ (0.16)	$ 0.77	$ (0.32)	$ 0.11	$ 0.62	$ 1.84	$ 1.19	$ 1.39
Diluted earnings (loss) per common share	$ 1	$ 0.17	$ 0.85	$ (0.16)	$ 0.77	$ (0.31)	$ 0.11	$ 0.62	$ 1.84	$ 1.19	$ 1.39