AssuranceAmerica Corporation Announces Expansion for 2004, and Resignation of Dan Brannock, President of Agency Group.

Business Editors

ATLANTA--(BUSINESS WIRE)--Feb. 17, 2004

Bud Stumbaugh, CEO of ASSURANCEAMERICA CORPORATION (OTCBB: ASAM), announced today that Dan Brannock, who joined AssuranceAmerica in August 2003 as President of the Agency Group, has resigned due to personal reasons. Steven Kirstein, Region Vice President, will assume total responsibility for Florida. According to Stumbaugh, CEO of AssuranceAmerica, "Steven joined the company in 1998, and has had the responsibility for Florida since May 2003. His focus in 2004 will continue to be growing the premium volume and increasing profits as he did in 2003. The opening of six new retail agency locations in the last quarter of 2003 and the first quarter of 2004 will aid that growth."

Stumbaugh continued, "In addition to our retail agency expansion, growth is also coming from AssuranceAmerica Insurance Company who entered South Carolina at the end of December 2003. Premium volume in South Carolina has materialized as expected in January. Georgia is also showing continued increases as we enter our seventh week of the new year. "

AssuranceAmerica focuses on the non-standard automobile insurance marketplace, primarily in Florida and Georgia. Its principal operating subsidiaries are AssetAmerica Insurance Agencies, which sells personal automobile insurance policies through its 31 retail agencies, AssuranceAmerica Managing General Agency, and AssuranceAmerica Insurance Company. Established in 2000, AssuranceAmerica Managing General Agency develops and markets insurance products, underwrites insurance risks, adjusts insurance claims and binds new policies. In 2002, AssetAmerica and AssuranceAmerica Managing General Agency wrote an aggregate of approximately $67 million dollars in premiums. AssuranceAmerica Insurance Company, which was formed in the fourth quarter of 2002, began writing business in the state of Georgia on April 1, 2003.

This press release includes statements that may constitute "forward-looking" statements. These statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements inherently involve risks and uncertainties that could cause actual results to differ materially from the forward-looking statements, including the risk that AssuranceAmerica Corporation will not write as much businesses in Florida, Georgia and South Carolina as is currently anticipated. AssuranceAmerica Corporation undertakes no obligation to update these statements after the date of this release.