Hole in One contests make a golf tournament much more fun for the golfers coming out to play for your cause. They help add value to your event, and they help generate buzz and excitement among the players and sponsors.

If you want to give players a chance to win a prize by hitting a hole-in-one at your tournament, you basically have two prize fulfillment options:

1. Be willing to come out of pocket to fulfill the prize in the event an ace (or multiple aces)
2. Purchase hole-in-one insurance for a small percentage of the cash value of the prize

By purchasing hole-in-one insurance, you do not carry the risk of funding a prize in the event a hole-in-one is made. You simply pay a premium based on the cash value of the prize(s), the distance of the prize hole(s), and the number of golfers in your tournament.

Though the odds are in your favor, option 1 is a risky way to go. Are you really willing to risk having to come out of pocket to fund a hole-in-one prize?

Choosing to go with hole-in-one insurance is a much smarter way to go. The price for the coverage is based on the following factors:

• The cash value of the prize
• The number of golfers
• The distance in yards from tee to flag

Many people think that hole-in-one insurance is an unnecessary expense that takes away from the bottom line. It can be, but if you take advantage of the investment in such an attention getting concept then you can actually use it to generate additional dollars for your cause.

Try using our Hole-in-One Quote Tool and our Putting Contest Quote Tool to get an immediate quote for your event. Remember that you can adjust the three factors above (cash value of prize, number of golfers, distance of prize hole) with each quote in order to see how the price of changes.

If you prefer help to guide you through the process, please call us at (877) 746-5344. We will help you develop contest ideas that work within your budget. Given the chance to learn about your event, we are able to serve you best.