Financial technology startup ZeroedOut has officially launched nationwide, introducing a new platform designed to help drivers manage high auto insurance costs. Headquartered in Plano, Texas, ZeroedOut offers a membership program that provides auto deductible protection, enabling drivers to select higher-deductible insurance plans while reducing their monthly premiums.
The company’s platform is built to address record-high auto insurance expenses. By allowing members to increase their deductibles — up to $2,000 — ZeroedOut enables them to achieve immediate savings on premiums. In the event of an accident, the company pays the deductible directly to the auto body shop on the member’s behalf.
“We created ZeroedOut to give drivers a smarter way to save on auto insurance without the fear of high out-of-pocket costs,” said Co-Founders Steven Morgan and Chris Hagans. “By providing our members with deductible protection when accidents happen, we eliminate the tradeoff between lower premiums and financial peace of mind.”
In addition to deductible protection, ZeroedOut aims to build a membership community focused on financial empowerment. The company describes its offering as more than a service — positioning it as a movement toward financial wellness. Members can use their monthly savings for goals such as debt repayment, increased savings, or household expenses, transforming a required insurance cost into an opportunity for improved financial health. ZeroedOut is now available to drivers nationwide.
About ZeroedOut
ZeroedOut is a Plano, Texas-based financial technology company focused on making auto insurance more affordable. Its core product is a membership program offering auto deductible protection, helping drivers across the U.S. save money on premiums without compromising financial security.
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