The Hole In One insurance industry is booming industry with several new companies entering the market within the past couple of years. With newer outfits in the marketplace and stories of insurance companies not properly licensed or refusing to pay up, it is important to do your homework when choosing your provider. It pays to check a firm’s record by looking for complaints against the company at your local Better Business Bureau. Also be sure to ask which insurance company the policy is written with, and what their A.M. Best Co. rating is. Any hole in one insurance company should be able to provide you with that information upon request.
Despite all of this, US Hole In One offers this consolation: 99% of the time, when there is a refusal to pay out, it is because someone didn’t read the terms and conditions of the contract. If the contract is for a $10,000 prize on hole #14 and someone makes a hole-in-one on hole #3, nobody wins the $10,000. That being said; make sure you read and understand all of the terms and conditions of the contract before signing. The last thing you want to have happen at your event is to have a hole in one and not get paid out because you failed to read the contract and follow the rules.
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