8-K

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 22, 2008

ASSURANCEAMERICA CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Nevada	0-06334	87-0281240
(State or other jurisdiction of incorporation	(Commission File Number)	(IRS Employer Identification Number)

RiverEdge One, Suite 600 5500 Interstate North Parkway Atlanta, Georgia	30328
(Address of principal executive offices)	(Zip Code)

(770) 952-0200

(Registrant’s telephone number, including area code)

N/A

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 8.01 Other Events

     On April 22, 2008, the Company sent a letter to shareholders and others describing certain results for March 2008 and year-to-date results. A copy of the letter is attached as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

Exhibit No.	Description
99.1	Letter to Shareholders dated April 22, 2008, issued by Registrant

SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

April 24, 2008	ASSURANCEAMERICA CORPORATION
	By:	/s/ Mark H. Hain
		Mark H. Hain, Senior Vice President and General Counsel

EX-99.1

Exhibit 99.1

April 22, 2008

Dear Shareholders (and friends) of AssuranceAmerica,

Our March Carrier/MGA Revenue was up slightly by 3%, while Gross Premium produced was off 12%. The non-standard industry sector is off across the board, and our company is no exception. Losses on claims have increased in the 1^st Quarter, making less favorable earnings from the MGA/Carrier.

Retail revenues were down 10% from March 2007, and the impact of Florida’s construction downturn along with the tightening of immigrants’ ability to obtain an auto tag continues to be a drag on our branches. Much more in updates will be available at our Annual Shareholders Meeting at our company headquarters at 5500 Interstate North Parkway, Suite 600, so plan to attend this Thursday, April 24 at 11:15 am. We hope you will also stay for the Low Country BBQ lunch afterwards.

Following is our report on March’s results.

	March (Unaudited)
	Current Month								Year To Date
	2008			2007		Change			2008		2007		Change
	(In $1,000)					%			(In $1,000)				%
•   Gross Premiums Produced1*	$	12,931		$	13,491		(4	)%	$	42,351	$	42,137		1	%
•   MGA/Carrier Gross Premiums Produced 1,2	$	8,617		$	9,826		(12	)%	$	29,700	$	29,950		(1	)%
•   MGA/Carrier Revenues 2	$	4,820		$	4,694		3	%	$	14,875	$	13,262		12	%
•   Retail Agencies Gross Premium Produced 1,2 *	$	6,290		$	6,427		(2	)%	$	19,710	$	20,673		(5	)%
•   Retail Agencies Group Revenues 2 *	$	955		$	1,064		(10	)%	$	3,120	$	3,438		(9	)%
•   Company Revenues*	$	5,428		$	5,259		3	%	$	16,762	$	15,168		11	%
•   Company Pre-Tax Income before stock option*	$	(78	)	$	441		(118	)%	$	631	$	1,273		(50	)%
•   Company Pre-Tax Income*	$	(24	)	$	378		(106	)%	$	609	$	1,146		(47	)%

1	Gross Premiums Produced is a non-GAAP financial metric used as the primary measure of the underlying growth of the company’s revenue stream.
2	Before intercompany eliminations
*	Current year financial data includes agency acquisitions that may not be included in prior year data

To follow your stock and read the full text of our most recent press releases, we suggest you go to http://finance.yahoo.com, symbol ASAM.OB.

As always, we appreciate your continued support and interest in AssuranceAmerica Corporation.

Sincerely,

/s/ Guy W. Millner	/s/ Lawrence (Bud) Stumbaugh
Guy W. Millner	Lawrence (Bud) Stumbaugh
Chairman	President and Chief Executive Officer

This document is for informational purposes only and is not intended for general distribution. It does not constitute an offer to sell, or a solicitation of an offer to buy securities in AssuranceAmerica Corporation. This document 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.