Golf Tournament Hole in One Insurance - What is It?

By far, the biggest question that we get asked regularly by new golf tournament directors is “What is Hole in One Insurance and how does it work?” At Golf Tournament HIO we are here to take the mystery out of it and explain to you the ABC’s of Hole in One prize packages.

Very simply, Hole in One insurance is an insurance premium that covers the odds of someone in your event hitting a perfect shot on a par 3 hole. In other words, when you go to an event and see a $30,000 car on a hole for a Hole in One prize, the charity is not going to personally give away the car if you hit the Hole in One. Instead, prior to the tournament, they pay a small percentage of this amount based upon:

• The value of the prize
• The number of golfers (amateur, club pro or touring pro)
• The distance in yards from tee to flag

At Golf Tournament HIO, we have been covering Hole in One Insurance for years and know the odds of your event hitting a Hole in One. With that said, we cover the cost of the prize if there is a winner.

Hole in One contests make a golf tournament much more fun for the golfers coming out that day to play for your cause and many golfers that would never have expected to win a new car have done just that. More importantly, you can create memories at your event for years to come…

Try using the Hole in One Quote and Putting Contest Quote to get an immediate quote for your event or to see how adjusting any of the three criteria (Value of the prize, Number of golfers and distance)will change the overall cost of the premium for your golf tournament Hole in One insurance.