Cars and motorcycles aren’t the only prizes that can be offered. More and more outings are offering a chance to win the grand prize of all grand prizes: $1,000,000. What makes the $1 Million Shootout unique however, is the way many event planners are setting up the contest. “Since million-dollar shots are rather pricey,” says Eric Gordon, an event planner based in San Diego, CA, “I find my budget will only allow for one attempt at the grand prize. When that’s the case, you can be so creative when it comes to deciding who gets the single attempt. If it’s a charity event, auctioning off the shot is a lot of fun. And if it’s a corporate outing, even a closest-to-the-pin contest gets the job done.”

Putting contests are also an easy way to inject some excitement into your golf event. Many insurance brokers offer 40 or 50 foot putts for any prize value. The added benefit of putting contests is that they can be done in a raffle setting as well which can help generate more funds for the group. US Hole In One is currently running a promotion on it’s putting contests. Tournament directors who purchase hole in one coverage from us and want to add on a putting contest can do so at a discounted rate up to 25% off the standard putting contest rate!

When it comes to contest insurance, event planners can expect a lot of added thrills at a minimal cost. The important takeaway, however, is that when buying insurance, it is important to do your homework, and make sure that you purchase a policy from a reliable firm. That way you can rest assured that when you hand out the keys to the new Porsche, the cost is really covered.