When you consider the different companies that you can use when looking to purchase your Hole in One insurance for your golf tournament, the single most important question that you should ask yourself is if we have a hole in one occur at our event, will we get paid?

Unfortunately, a Minnesota High School Booster Club learned the hard way how important verification of actual prize coverage is. When an ace was scored on the $5,000 grand prize par three eigth hole at their May 2011 tournament, they were at first unable to reach Par 3 Fun Stop - the company that sponsored the hole-in-one contest - and were later told by them that no hole-in-one was scored. 

At Golf Tournament HIO, we take our responsibility very seriously, which is that we exist to help you create and fullfill the best prize contests possible. We can provide to you, upon your request, a copy of our certificate of insurance coverage. Every Hole in One insurance provider should be able to provide you with adequate guarantee that you are getting the actual protection that you are paying for. If you are not able to get a copy of this certificate, you are gambling that your golf tournament may not be adequately covered. 

This incident is an unfortunate black-eye for the entire hole-in-one insurance industry, and is further evidence of the existence of companies that simply gamble on the odds that no hole-in-one will be scored. When an ace is scored, they either find ways to deny the claim even in the face of evidence to the contrary (which is what seemingly happened in this case) or simply unplug the phone and close up shop.

Remember, if the price seems to good to be true, it probably is! Make sure you do your homework, make sure you are getting the actual protection you are paying for. 

Link to TwinCities.com story: Golfer, contest sponsor locked in dispute over reported Ham Lake ace