ZeroedOut

Lower your auto insurance. Delete your deductible. Zero risk, all reward.

Specialty Solutions Startup 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

At a Glance

Founded: 2025
Headquarters: Plano, Texas, USA
Employees: 1-10
Funding: Bootstrapped

Category & Focus

Category: Specialty Solutions
Subcategories: Deductible protection Consumer membership Auto insurance optimization
Insurance Verticals: P&C Personal
Target Customers: Consumers