Acer's Golf Hole-In-One Coverage Association

Hole-In-One Insurance

Don't let a winner take you for a loss!

Acer's Golf

What is Acer's Golf Hole-In-One Association?

Acer's Golf Hole-In-One Association (AGHIOA) assumes a liability to meet the cost of any hole-in-one prizes won at your tournament and this liability is insured with an A.M. Best A – rated insurance carrier. The "A" is the highest quality rating available.

What is Hole-in-One Insurance?

When you host a golf tournament you may want to offer up a large financial prize, like a car or several thousand dollars in cash, to any person who makes a hole-in-one. But rather than taking on the risk of paying a contest winner out of your own pocket, you would secure prize indemnification coverage (also known as hole-in-one insurance) in exchange for a small fee relative to the value of the prize. Then when a participant does win the hole-in-one contest, the coverage provider would pay the claim, subject to the terms and conditions of the coverage.

Example: The Good People Foundation

The Good People Foundation is running its annual golf outing with 100 golfers. They decide to hold a hole in one contest on #2, a hole that measures 160 yards. Any golfer who successfully makes a hole in one there will be awarded $15,000. Prior to the event, The Good People Foundation purchases a contest coverage package from Acer’s Golf Hole-In-One Association for $252. When Bob and Sue both make an ace on #2 during the event, they are both awarded checks for $15,000. However, because The Good People Foundation purchased hole-in-one coverage, Acer’s Golf Hole-In-One Association pays each winner $15,000. And The Good People Foundation only paid $252.00!

All names and circumstances in the above example are fictional. Any names or circumstances that are the similar are purely coincidental. This is meant for example purposes only.

How do I Get Coverage?

If you're ready to get started in setting up an exciting hole in one contest, here is what you need to do:

  • Start by going to the Instant Price Quote section and tell us about your Target hole(s). Once you have completed our simple, one-page application, you will see an instant Price Indication and you will also receive the Price Indication, an Application and full Coverage Terms & Conditions instantly in your email inbox.
  • If you need to amend your price quote, simply use the "Change your inputs" button to go back to the instant price quote section and make your changes. We will update your price and email you a revised price indication.
  • After you review the Price Indication including Coverage Terms & Conditions, simply complete the brief application we sent to your email, sign it, and email it back to or fax it to 972-702-0504 along with your check for full payment. Upon receipt of this information we will email you back a Confirmation of Coverage Terms & Conditions. This typically takes less than 24 business hours. Our normal business hours are Monday – Friday, 8:30 AM to 5:00 PM CST. You must send in your completed application & payment at least 24 business hours prior to the start of your event. So if your event occurs on a Sunday or Monday, we need your completed application and payment by 12:00 noon CST on Friday prior to the event.
  • If you elected to receive contest signage, your signs will be printed in accordance with the information you provide on the application. Therefore, it is imperative that you explicitly tell us what you'd like printed on the signage. For example, if you want to have a sponsor's logo printed, you should let us know that an artwork file is forthcoming and email that logo promptly to Once your signage has been printed, boxed and shipped, you will receive tracking information by email directly from FedEx, our preferred carrier. You should receive your signage no later than 24 hours prior to your event.
  • On the day of the event, you have several important responsibilities to carry out. First and foremost, make sure that the contest signage is placed at the appropriate hole(s). We will not be responsible for claims made at an incorrect location. Secondly, make sure that all of your golfers are covered. If you end up having more participants than you purchased coverage for, you MUST LET US KNOW! We can easily adjust your coverage all the way up until the first tee shot is struck. Simply fax 972-702-0504, call us at 469-252-7884 or email us to let us know of the changes you need to make.

Do I need to provide Witnesses?

Yes, there are very specific witness requirements outlined in your Coverage Terms & Conditions. Acer’s Golf does not provide nor do we arrange witnesses for events. You are required to arrange for witness per the Coverage Terms & Conditions

  • Prize limits up to $5,000 must be witnessed by two playing partners.
  • Over $5,000 all witnesses must be event non-participants, age 18 or over, of good moral character, and appointed by the Association Member as follows:
    • Prize limits $5,001 to $50,000 one witness
    • Prize limits $50,001 to $100,000 two witnesses
    • $100,001 to $250,000 two witnesses (one of which is a pga certified golf professional)
    • $250,001 and above require a pga certified golf professional witness and continuous unedited videotape of all eligible shots by a second witness. continuous unedited videotape must be recorded from behind the green and include in the frame the participants’ shots, the target hole and the ball going into the hole.
  • WARNING – It is the Association Member’s duty to ensure witnesses are in place and positioned safely.

What happens when I have a winner?

  • If you have a winner for any of your contests, you must notify us within one business day of the event! Just call 469-252-7884. One of our tournament consultants will issue the appropriate paperwork to begin processing your claim.
  • The claims process is typically fairly quick. Once we have received completed paperwork regarding the claim and have had an opportunity to speak with the winner and witnesses the prize is usually issued within approximately 3-4 weeks.