# ZeroedOut > Lower your auto insurance\. Delete your deductible\. Zero risk, all reward\. ## At a glance | Field | Value | | --- | --- | | Category | Specialty Solutions | | Type | Solutions Provider | | Region | NA | | Headquarters | Plano, Texas, USA | | Founded | 2025 | | Stage | Startup | | Employees | 1-10 | | Funding | Bootstrapped | ## Overview ZeroedOut is a consumer membership service that covers auto insurance deductibles, enabling drivers to raise their deductibles -- and lower their monthly premiums -- without taking on out-of-pocket risk when accidents occur. The company was co-founded by Steven Morgan and Chris Hagans and launched nationally in October 2025, headquartered in Plano, Texas. The service operates as a membership program rather than an insurance product. Members enroll online in under five minutes, then restructure their existing auto policy to carry a higher deductible (up to USD 2,000). When a wreck occurs and the member's insurer approves the claim, ZeroedOut pays the deductible directly to the auto body shop. The platform supports one or multiple vehicles per household and includes a member portal for submitting claim documentation. ZeroedOut targets consumers -- particularly families with multiple vehicles or teenage drivers -- who carry low deductibles and pay higher premiums as a result. Published use case models show net annual household savings ranging from USD 86 to USD 728 after membership costs. The company is bootstrapped, with no external funding disclosed. ## Products & services ### Auto Deductible Protection Membership A membership program that covers a member's auto insurance deductible when a wreck-related insurance claim is approved. Members raise their deductible on their existing policy to reduce premiums; ZeroedOut reimburses the deductible by paying the auto body shop directly. **Key features:** - Compatible with any auto insurance provider - Coverage for deductibles up to USD 2,000 - Fully digital enrollment in under 5 minutes - Member portal for filing deductible claims and submitting documentation - Direct payment to auto body shops upon claim approval - Plans available for single or multiple vehicles per household - Covers only wreck\-related claims approved by the member's insurer - Does not cover windshield damage or non\-wreck claims - Requires a claim to be processed through the member's insurance *Target users:* Individual drivers and families carrying auto insurance ## Category & focus - Subcategories: Deductible protection, Consumer membership, Auto insurance optimization - Insurance verticals: P&C Personal - Target customers: Consumers ## Notable customers - Direct\-to\-consumer service; no publicly disclosed enterprise customers ## Links - Website: - Directory profile: - Press/news: --- *Last updated: 2026\-06\-21*