At Coast to Coast Hole in One, we work with tournament directors, charities, and dealerships who want to create events that players look forward to. One of the most consistent upgrades we see make an immediate difference is adding an insured cash prize to a par 3. Here are five reasons it works.
1. It Creates Excitement From the First Tee
When players know a real cash prize is on the line at a par 3, the energy of the entire event changes. The hole becomes the most-talked-about spot on the course. With hole-in-one insurance for golf tournaments, you can offer a prize significant enough to generate genuine excitement without any financial risk to your event.
2. You Can Offer a Bigger Prize Safely
Without insurance, most organizers limit their prizes to what they can afford to pay out of pocket. With a hole-in-one cash prize insurance policy, the payout responsibility moves to the insurer. The cost is based on the number of golfers, the yardage of the hole, and the prize value — keeping it accessible for any budget.
3. Sponsors Want Their Name on It
Hole-in-one insurance for sponsors ensures the prize they are backing is fully covered. That confidence makes it easier to sell the sponsorship and deliver real marketing value. Sponsors want visibility at the most exciting moment in the event — and an insured prize hole gives them exactly that.
4. Bonus Prizes Cover More Holes at No Extra Cost
A great hole-in-one prize package insurance policy does not stop at one hole. We include bonus hole-in-one prizes for additional par 3 holes at no extra cost, keeping players engaged across the entire course — not just at a single contest hole.
5. Prize Signs Are Included
Our packages include prize signs for both the main insured hole and all bonus holes at no additional cost, provided coverage is set up at least seven business days before the event. A visible sign signals to every player that something real is at stake before they even step to the tee.
Frequently Asked Questions
How is the cost of hole-in-one insurance determined?
Pricing depends on the number of registered golfers, the yardage of the contest hole, and the prize value.
Who can use hole-in-one insurance?
Tournament directors, charities, corporations, and dealerships all use hole-in-one insurance to protect prizes at their golf events.
Are there prizes for more than one hole?
Yes. Bonus hole-in-one prizes for additional par 3 holes are included in our packages at no extra cost.
Do we need to set up coverage far in advance?
Coverage should be arranged at least seven business days before the event to ensure prize signs are included.
Ready to Add an Insured Cash Prize to Your Event?
At Coast to Coast Hole in One, we make it simple to add a real insured cash prize to any tournament. With over 60 combined years of experience and coverage underwritten by an A-rated insurance company, we are ready to build a package that fits your event and your budget.
Contact us today by phone, text, or email to request a hole-in-one insurance quote and give your players a prize experience they will not forget.