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Hole-in-One Insurance FAQ for Auto Dealerships
Hole-in-One Insurance FAQ for Auto Dealerships

Hole-in-One Insurance FAQ for Auto Dealerships

In the dynamic world of tournament sponsorships, auto dealers face a common dilemma: the need for hole-in-one insurance. More than just a…

How Much Does Hole In One Coverage Really Cost?

Hosting a golf event is a fantastic way to bring people together for a fun day of friendly competition while raising substantial funds for your organization or cause. Working to acquire enough participants to make your event profitable can be stressful, but being able to advertise grand prizes like trips, vehicles, golf equipment, or cash can greatly increase your attendance rate.

Offering a ‘hole in one’ type of contest may feel completely out of reach for many organizations, but prize coverage can help minimize risk and make these goals attainable for a reasonable price.

How is Hole in One Coverage Cost Calculated?

Pricing out hole in one coverage takes three main factors into account in order to ensure you get the coverage you need. 

  1. How many golfers will be participating in the hole in one contest? 
  2. What is the cash value of the prize? 
  3. What is the distance of the shot you choose as your main prize hole?

You can get your own customized quote online to get an idea of what you can expect for the hole in one coverage for your event.

What Additional Golf Contests Can Be Covered?

Though ‘Hole in One’ is the name, there are many different types of contests to choose from such as a putting contest, shootouts, million dollar shots, and more along with the classic hole in one contest.

Promising a large-scale, extravagant prize can feel scary for many organizations, especially if they are worried about getting stuck paying for the prizes they promised due to low quality coverage. With prize coverage, you can hold your event and contest without worry.

Do You Cover Prizes Other Than Golf?

You can also get coverage for prizes in other sports contests at football, basketball, baseball, and hockey events.


American Hole ‘n One is here to help make your event a success, and we can take the stress out of providing large prizes that can draw in crowds. If you are interested in learning more about who we are, or if you have any questions about what we do, please visit our Frequently Asked Questions page or contact us today! 

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