The most popular contest held during a golf tournament is the Hole In One Contest. The tournament director or sponsor usually insures the prizes offered by acquiring a hole in one coverage policy. A Hole In One coverage policy from NHIO allows the purchaser to feel at ease should a golfer make a Hole In One during the tournament. If this rare event occurs, National Hole-In-One is responsible for covering the costs of the prizes. Hole In One prizes can include anything from cash awards to prizes like jewelry, cars or anything with a monetary value! Hole In One coverage starts at $114 and covers the cost of prizes won by hitting a Hole In One on par 3 holes. In addition to Main Prize hole coverage, National Hole-In-One offers Bonus Prize packages that include a variety of golf equipment, golf trips, and other prizes. Our prize package also includes signs at every par 3 hole to inform golfers of what they can win.