Hole In One Insurance News from Hole In One International

Feb
27

What is Hole In One Insurance Underwriting?

Posted by Amy Fanter

If you’ve looked into hole-in-one insurance, you’ve probably seen terms like underwriter, underwritten, or underwriting. But what do they actually mean?

Today, we’re breaking down what underwriting is and why it matters for you—whether you’re purchasing hole-in-one insurance, Million Dollar Shootout coverage, or a putting contest policy.

What is Underwriting?

Underwriting is the process insurance companies use to assess a customer’s eligibility for coverage. Simply put, it helps determine:

  • Whether a customer qualifies for insurance.
  • How much coverage they can receive,
  • The cost of their policy.

Insurance underwriters evaluate risk and set premiums accordingly. This ensures that claims can be paid out when needed.

At Hole In One International we specialize in prize indemnity insurance—a unique form of underwriting specifically for high-value prize contests.

Why Underwriting Matters

When choosing an insurance provider, it’s crucial to ensure they are underwritten. Otherwise, you risk a scenario where a prize winner doesn’t get paid—even if you’ve paid for coverage. Unfortunately, we’ve seen this happen to winners in tournaments insured by companies that were not underwritten.

How to Check if an Insurance Company is Underwritten

Not sure if the company you’re working with is underwritten? Here’s how to find out:

  • Call and ask – This is the quickest way to confirm.
  • Check their website – Most companies list their underwriting details online. For example, we display ours in our FAQ and at the top of our homepage.

Taking this simple step can ensure peace of mind, knowing that any winners in your event will receive their rightful prize. Have more questions about underwriting?  Feel free to give us a call at 800-827-2249 or send us an email!

Nov
10

Were They Printing Prize Money at This Golf Event?

Posted by Amy Fanter

Manchester, Conn — Congratulations to Brian Czak of Simsbury who recently took home $10,000, courtesy of Allied Printing Services, and paid for by Hole In One International.


Czak won the prize during the 15th Annual Allied Printing Charitable Foundation Golf Tournament which was held at the Tunxis Country Club. He made his prize-winning ace on the Green Course’s 172-yard Hole 8 with a 9 iron. It was Czak’s first hole in one.

According to Tournament Organizer Patrick Dorsey, who has been running the event for the past 11 years, “I cannot thank Hole in One International enough for being a great partner providing a lot of excitement and fun for a reasonable price … From registration to our claim processing it was as user-friendly as possible.”

Established in 2008, the Annual Allied Foundation Golf Tournament benefits the Connecticut Children’s Medical Center, Cushing Academy, Fidelco Guide Dog Foundation, and the Memorial Sloan Kettering Cancer Center in New York City.

Congratulations Brian!

Oct
31

$10K Ace at Chamber Golf Tournament

Posted by Amy Fanter

Congratulations to Patrick Gavin who recently won $10,000 courtesy of F&M Bank and paid for by Hole In One International. Gavin won the big bucks after he aced the 155-yard Hole 2 at the Soangetaha Country Club with an 8 iron during the 30th Annual Galesburg Chamber of Commerce Golf Tournament. It was Gavin’s first hole in one.

Gavin was awarded his prize by the president of F&M Bank, Mike Holloway. Cheri Hosteng, with Bullis & Sundberg Insurance Services / Arachas Group, LLC, the organization that secured the hole in one coverage on behalf of the bank.

Sponsoring a large hole in one prize at a chamber golf event is a great way to increase your organization’s visibility, network with tournament participants, build connections and establish yourself as an active member of your local business community

Give us a call today at 800-827-2249 or get a free hole in one insurance quote online.

Sep
29

Skagit Open Has $10,000 Hole In One Winner

Posted by Amy Fanter
 Burlington, Wash. — Who says 13 is unlucky? Tom Gardner, who recently won $10,000 at Skagit Golf & Country Club (SG&CC) probably wouldn’t. The reason? Gardner collected the big bucks, paid for by Hole In One International, after he aced the 170-yard, 13th hole with a 3-wood.   According to witnesses, the ball flew over a pond, landed on the front of the green, and rolled right into the cup. While this was Gardner’s second hole in one, it was the first time he had ever won a hole in one prize.   The Skagit Open has been in existence since 1979.  The $10K hole in one prize was sponsored by the SG&CC Men’s Club. 

Planning a tournament in the coming months? Capture more players – and sponsor dollars – by adding a hole in one contest to your event for as little as $180. To learn more and to get an instant free quote, swing by our website, www.holeinoneinternational.com. Or, give us a call today at 800-827-2249.  
Aug
3

Hole In One International Pays $10K Winner

Posted by Amy Fanter

Manchester, Tenn. — Congratulations to Samuel Prater who recently won $10,000 in a hole in one contest sponsored by First Bank, and paid for by Hole In One International.

Damp weather didn’t dampen the turn out or anyone’s spirits during this year’s Manchester Chamber Golf Classic where Samuel Prater won $10,000 after he aced the 165-yard, Hole 17 at the Willowbrook Course with a 9-iron.

Sam Prater Hole In One Winner

While Prater was surely delighted with his amazing hole in one prize – which he won despite the fact that it was raining – he was probably also wishing it had taken place on Hole 9… because that’s the hole where Sherrill Pest Control was sponsoring a Million-Dollar Shootout.

Did you know for as little as $190, you can turn your current event into a million-dollar attention-grabber that will not only help you stand out on social media but will make those pre-tournament press releases pop!

Here’s just a few ways you can incorporate a million-dollar shootout:

  • SELL RAFFLE TICKETS before and during your event and draw a lucky golfer’s name for the chance to swing for a million.
  • RUN A CLOSEST TO THE PIN CONTEST and give the winner a chance to swing for a million on the 18th.
  • ANYTHING YOU CAN DREAM OF such as choosing a contestant from an elite sponsor or a putting contest. Then set up a 165+ yard teeing area and get ready for some serious excitement.

To learn more about incorporating a Million-Dollar Shootout into your event give us a call today at 800-827-2249.

6195 Ridgeview Court Suite A | Reno, Nevada 89519