Cholamandalam Car Insurance

Cholamandalam (Chola MS) Car Insurance is a product that provides comprehensive financial protection against accidents, theft, natural disasters, and third-party liabilities. It offers a seamless and customer-friendly experience with quick policy issuance and easy claims. With a strong digital ecosystem and a wide garage network of 16,800+ cashless garages, it ensures minimal downtime for your vehicle. Car insurance from Chola MS is designed to be simple, transparent, and reliable for its 4.62 crore+ happy customers.

Chola MS General Insurance Company Limited is a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Company Limited, Japan. It offers a diverse portfolio of insurance products, including motor, health, property, marine, travel, and crop insurance for individuals as well as corporates.

In FY 2024–25, the company achieved a Gross Written Premium (GWP) of INR 83,277 million and operates through 150 branches with a network of over 35,000 intermediaries across India. Guided by its T3 philosophy-Trust, Transparency, and Technology, Chola MS is widely recognised for its innovation and service excellence.

IRDAI Registration No : 123

Here are the key features of Chola MS Car Insurance, including coverage options, claim benefits, and add-ons for complete protection.

Chola MS Car Insurance provides flexible policy options, ranging from basic third-party coverage to comprehensive and bundled plans, ensuring protection for every type of vehicle and driver.

1. Chola MS Third-Party Car Insurance Policy

This policy provides cover against any legal liability arising out of damages or injuries caused by the insured vehicle to a third-party person or property. It compensates for third-party injury, death, or property damage, helping you meet the mandatory insurance requirement under the Motor Vehicles Act.

2. Chola MS Standalone Own Damage Car Insurance Policy

This policy covers damages to the insured car due to accidents, fire, theft, natural calamities, or man-made events. It is designed to be purchased along with an existing third-party liability policy to extend protection specifically for your own vehicle.

3. Chola MS Comprehensive Car Insurance (Private Car Package Policy)

Also known as the Private Car Package Policy, this is an all-in-one cover that includes both own damage and third-party liability protection. It safeguards against accidents, theft, fire, natural calamities, and third-party claims, while also offering add-on covers for enhanced protection.

4. Chola MS Bundled Motor Insurance Policy

Chola MS also offers bundled policies for new cars, combining long-term third-party liability cover with own damage protection. This ensures continuous compliance with legal requirements, along with protection against vehicle damage.

Cholamandalam Car Insurance provides comprehensive coverage that protects both your vehicle and third parties from a wide range of risks, including accidents, natural disasters, theft, and personal accidents.

• Covers third-party legal liability for injury, death, or property damage

• Covers own damage to the insured vehicle due to accidents or collisions

• Protection against fire, explosion, self-ignition, and lightning

• Covers theft or total loss of the insured car (up to IDV)

• Includes damages caused by natural calamities like floods, earthquakes, cyclones, etc.

• Covers man-made events such as riots, strikes, and malicious acts

• Personal accident cover for owner-driver (as per policy terms)

Cholamandalam Car Insurance does not cover damages or claims arising from illegal activities, policy violations, or situations specified under the exclusions, ensuring clarity on what is not protected.

• No coverage for driving without a valid driving licence

• Claims not applicable in case of driving under the influence of alcohol or drugs

• Normal wear and tear and mechanical or electrical breakdowns are not covered

• Consequential losses are excluded

• Damages occurring outside geographical limits are not covered

• War, nuclear risks, and civil war-related damages are excluded

• Intentional or fraudulent claims are not payable

• Claims arising due to violation of policy terms or usage beyond permitted limits are not covered

Chola MS Car Insurance offers a range of add-on covers to enhance your policy, providing extra protection for your vehicle, personal belongings, and unexpected repair or replacement costs.

• Zero Depreciation Cover: Covers full cost of parts without depreciation deduction at the time of claim (as per policy terms)

• Engine Protect Plus (Hydrostatic Lock Cover): Covers engine damage due to water ingression, hydrostatic lock, and lubricant leakage

• No Claim Bonus Protection: Allows you to retain your NCB even after making a claim (subject to limits)

• Consumables Cover: Covers expenses for items like engine oil, brake oil, nuts, bolts, washers, and filters

• Roadside Assistance: Provides emergency services such as towing, flat tyre support, battery jump-start, and fuel delivery

• Return to Invoice: Pays the original invoice value of the car in case of total loss or theft

• Key Replacement Cover: Covers cost of replacing lost or stolen car keys and locksets

• Loss of Personal Belongings: Covers loss or damage to personal items kept inside the insured car

You can compare and buy Chola MS Car Insurance from Coverfox by following these steps:

• Visit Coverfox Website: Go to the car insurance section on Coverfox and start your journey to compare plans

• Enter Vehicle Details: Fill in your car registration number and mobile number to fetch vehicle details instantly

• Compare Plans: View Chola MS car insurance plans along with other insurers and compare coverage, premiums, and benefits

• Select Coverage: Choose between third-party or comprehensive plans and customise with add-ons as needed

• Get Instant Quote: Review the premium and policy details before proceeding

• Make Payment Online: Pay securely via UPI, net banking, or cards

• Receive Policy Instantly: Get your Chola MS car insurance policy issued instantly on your registered email

Chola MS offers access to a wide network of 16,800+ cashless garages across India, ensuring quick and convenient repairs without upfront payments during claims. This extensive network helps policyholders get their vehicles serviced smoothly with minimal downtime.

How to Find Chola MS Cashless Garages

• Visit the official Chola MS garage locator

• Enter your city, pin code, or garage name

• Use the “Near Me” option to find nearby network garages

• Select a preferred authorised garage for cashless repairs

Call: 1800-208-5544

WhatsApp: 7305234433

Email: customercare@cholams.murugappa.com

Branch Locator: https://www.cholainsurance.com/contact-us