EXHIBIT 99.2
[ASSURANCEAMERICA LOGO]
February 28, 2006
Dear Shareholders (and friends) of AssuranceAmerica,
It was a busy 4th Quarter, with continued significant increases over the prior
periods. Our 2005 profitability is a tribute to a committed management team and
our continued focus on measured growth.
Additionally, on January 30 we announced the acquisition of The Insurance
Center, Inc., a 16-store chain of agencies in Florida, producing approximately
$35.0 million in premiums. Combined with the earlier acquisition of a Tampa
agency, this brings the total agencies of AssuranceAmerica/TrustWay to 50
offices.
Following are our December numbers:
<Table>
<Caption>
DECEMBER 2005 (UNAUDITED)
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CURRENT MONTH FULL YEAR
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2005 2004 CHANGE 2005 2004 CHANGE
------ ------ ------ ------ ------- ------
(IN $1,000) % (IN $1,000) %
- - MGA/Carrier Gross Premiums Produced * $6,006 $2,623 129% $58,415 $30,557 91%
- - MGA/Carrier Revenues * 3,323 1,447 130% 29,347 17,196 71%
- - Retail Agencies Gross Premium Produced *+ 4,999 3,969 26% 60,120 47,308 27%
- - Retail Agencies Group Revenues *+ 993 744 33% 9,533 6,991 36%
- - Company Revenues + 3,911 2,192 78% 37,116 24,188 53%
- - Company Pre-Tax Income + 40 27 149% 2,269 (48) 4798%
</Table>
* Before inter-company 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.
Thank you for your continued interest and confidence in AssuranceAmerica
Corporation.
Sincerely,
- -------------------- -------------------------------------
Guy W. Millner Lawrence (Bud) Stumbaugh
Chairman President and Chief Executive Officer
P.S. SAVE THE DATE OF APRIL 27, 2006 FOR OUR BBQ AND ANNUAL MEETING!
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.
5500 Interstate North Parkway - RiverEdge One - Suite 600 -
Atlanta, Georgia 30328
770.933.8911 - fax 770.984.0173 - www.assuranceamerica.com
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