Hole-in-One Insurance: Costs, Fine Print and the Rules That Void Claims

The short answer: hole-in-one insurance for a typical charity outing runs about $180 to $600. A commonly cited benchmark contract — roughly $400 — covers a field of about 100 golfers shooting at a 165-yard hole for a $20,000 prize. The premium scales with prize value, field size and hole length, and the coverage is real: if someone aces the target hole, the insurer buys the car.

The part nobody tells first-time organizers is that the contract is easy to void. Move a tee marker forward on the morning of the event and you can turn a $400 policy into a $50,000 problem. Below is what the coverage actually costs, the fine print that gets claims denied, and — because this is a question we get from competitive players constantly — what winning a car does to your amateur status.