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Hole In One Insurance News - Foresite Sports

Archive for November, 2010

Friday, November 19, 2010

Important Tips For Binding Hole In One Insurance

Before getting a quote online or giving us a call at Foresite Sports, there are three specific pieces of information that we will need to know in order to provide you with a price quote for hole in one insurance.  We will need to know the number of golfers (amateurs and pros), the yardage of the Grand Prize par-3 hole(s), and the value of the Grand Prize.  Once you are ready to bind coverage and complete the one page application form we will also need to know the date of the golf tournament, the hole number for the Grand Prize hole, the name of the tournament and the name of the golf course where the tournament will take place.

Even if you do not know the exact number of golfers when getting your initial price quote don’t worry.  Most of our clients either base their count on the number of golfers from their tournament the year before or they simply make a guesstimate based their invite list.  It is important to keep in mind that you can always change the number of golfer up until the morning of the tournament.  The change will need to be submitted in writing, either fax or email.  Once we receive your written policy change we will then issue a refund or bill you for the difference.

The yardage of the par-3 Grand Prize hole will depend on the value of the prize you are purchasing hole in one insurance for.  For prizes up to $49,999 the minimum yardage is 150 yards for men.  For prizes valued from $50,000-$99,999 the men’s tees will need to play 160 yards or longer.  Finally, for prizes value at $100,000 or greater the hole will need to be 165 yards or longer.  Ladies can play up to fifteen (15) yards closer than the men for all prize levels.

Finally and most importantly, your prize value.  For most of our new clients this is usually the most challenging decision.  But really this is the easiest choice since the Grand Prize is completely up to you.  We have many of prize suggestions on our website that will help get you headed in the right direction of picking the best grand prize for your golf tournament.  Whether you want to do cash, a new car, a motorcycle, or a golf vacation it’s completely up to you!

Hopefully these tips will get off to a great start in planning your next golf tournament but if you should have any questions do not hesitate to contact one of our knowledgeable tournament consultants.

Friday, November 12, 2010

5 Benefits of Selecting Foresite Sports

Foresite Sports provides its customers with the best attention to detail and customer service possible. It is understood that this is the company to turn to for your hole in one insurance event or other special events you are planning to host. However, what makes this company better than the others? Check out these five benefits right here.

  1. The company has an A Rating, which means that you can count on the payout to happen. The company has some of the most financially secure underwriters around.
  2. You get free contest signs. This can decrease your costs considerably. We provide full color signs, including those as large as 35 inches by 22 inches.
  3. We also give you our 110 percent low price guarantee. If you find a price for the same hole in one insurance from our competitors, we will meet it and beat it by ten percent of the difference (it must be from a legitimate competitor.)
  4. We give you free bonus prizes. Consider options like free flat screens and roundtrip domestic airfare for two bonus prizes.
  5. We also provide you with free rider coverage. This means that multiple holes are covered in your event.

As you can see, the hole in one insurance offered by Foresite Sports is one of the best products around. It will provide you with the level of protection you want and expect from an insurance company. Your next event is going to be a success because of these and the other benefits that we offer to you. Check them out!

Friday, November 5, 2010

Pricing for Hole In One Insurance

At Foresite Sports, we often get numerous questions about our pricing. How is it factored? What can I expect? Is this really going to be within my budget? These questions are important to you especially now when every dollar used to market or fundraise is critical to your business or organization’s success. For that reason, we offer our 110 percent low price guarantee. Remember, if you find a price from a legitimate competitor that is lower than ours for the same coverage, we will meet and beat that price by ten percent of the difference.

How Pricing Works

The following are some of the factors that affect the cost of the services we offer to you through our hole in one insurance coverage.

  1. How far is the hole? The distance must be at least 150 yards long, but the distance does make a difference.
  2. The number of golfers taking part in your event also plays a role in this pricing. Keep in mind that each golfer may take only one attempt at the hole in one hole.
  3. The value of your grand prize is also a factor. The good news is that this is up to you. We provide hole in one insurance for prizes up to a worth of $1,000,000.

If you have other questions about pricing with Foresite Sports, we encourage you to contact us as soon as possible. We are happy to offer you a no obligation, free quote for your next event. We are happy to provide you with the information you need to get the process started.