Prize Indemnity

Covers the cost of a big promotional prize — the half-court shot, the hole-in-one — so you can dangle a huge payout without risking it.

This is a friendly general explanation, not legal or policy language. Exact coverage depends on your policy, carrier, and state. 🤝

Written and reviewed by the We Insure Things team — licensed independent insurance agents. Last reviewed July 23, 2026. Questions? Ask a licensed agent.