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Hole In One Insurance

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Hole In One Cover

Hole In Insurance NZ

Gerrards can arrange insurance cover for a wide range of Hole In One prizes, from small items like a set of golf clubs to luxurious high-end rewards, such as the latest model luxury cars. No matter the size or value of the prize, we can help you secure the right coverage.

What Can Hole In One Insurance Cover?

Hole In One insurance specifically covers the cost of the prize if someone achieves a hole in one during the golf event. This means if a participant hits a hole in one, the insurance will cover the expense of awarding the prize, whether it’s a car, cash, or any other valuable item promised for the achievement.

How much does hole in one insurance cost?

Hole In One premiums are calculated on several different factors including:

  • Types of cover selected
  • Sum Insured
  • Location 
  • Claims History 

Hole In One insurance prices in NZ vary greatly depending on the hole, golfers in attendance and size of prize. The typical guideline is between $500 to $2,000. 

How Do Claims Work?

When a participant successfully hits a hole in one and claims the prize, Gerrards will facilitate the claims process. Our team works directly with the insurer to ensure the prize cost is covered and the payout is made promptly. This seamless process allows the event organizer to focus on the event itself, without worrying about the financial implications of the prize being claimed.

How to Get Hole In One Cover?

To get Hole In One insurance through Gerrards, you can:

  • Apply online: Complete the application form on our website.
  • Call us: Reach out via phone to discuss your needs with one of our brokers.
  • Visit our office: Come in and speak to us in person to arrange your insurance.

What to watch out for with Hole In One insurance?

When considering Hole In One insurance, be mindful of:

  1. Prize value: Ensure the insurance coverage matches the value of the prize offered.
  2. Participant numbers: The premium may vary based on the number of golfers participating.
  3. Hole difficulty: The odds of hitting a hole in one can affect the cost of the insurance.
  4. Coverage terms: Understand what is specifically covered under the policy to avoid surprises.
  5. Claims process: Know how claims are handled to ensure swift payout if the prize is won.


Hole In One insurance is a practical solution for event organizers wanting to offer significant prizes without the financial risk. Gerrards can assist in finding the right coverage for your event, ensuring a thrilling experience for participants and peace of mind for you.

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