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.
| Feature | Details |
|---|---|
| Cashless Garage Network | 16,800+ cashless garages across India |
| Claim Settlement | Hassle-free claim settlement process |
| Third-Party Coverage | Covers legal liabilities arising from injury, death, or property damage to third parties |
| Comprehensive Coverage | Covers own damage along with third-party liabilities |
| Zero Depreciation Cover | Available with up to 2 zero depreciation claims (as per policy terms) |
| Unlimited Claims | No fixed cap on the number of claims during the policy period (subject to terms and conditions) |
| Add-ons | Multiple Add-ons Available |
| NCB | No claim bonuses available for claim-free years |
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.
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.
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.
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.
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
Chola MS Car Insurance is a motor insurance policy that provides financial protection against third-party liabilities, own damage, theft, and natural or man-made disasters, with optional add-ons for enhanced coverage.
Chola MS offers 16,800+ cashless garages, hassle-free claim settlement, a strong customer base, and flexible add-ons, making it a reliable and convenient choice for car insurance.
Typically, the policy tenure is 1 year for comprehensive and own damage covers, while third-party insurance can be purchased for up to 3 years (as per IRDAI guidelines).
Chola MS offers Third-Party Liability Policy, Standalone Own Damage Policy, Comprehensive (Private Car Package) Policy, and Bundled Policies for new cars.
Renewal is instant when done online via platforms like Coverfox, and the policy is issued immediately after payment.
You can check your policy status online through the Chola MS website or via your insurer/aggregator by entering policy or vehicle details.
You can renew your policy online by entering your vehicle or policy details on Coverfox or the Chola MS website, selecting coverage, and making a payment.
Yes, you can switch to Chola MS at the time of renewal. Your No Claim Bonus (NCB) can also be transferred as per guidelines.
The premium depends on factors like vehicle type, age, location, Insured Declared Value (IDV), add-ons selected, and claim history.
NCB is a discount on the premium offered for claim-free years, which can be accumulated and transferred when switching insurers.
Yes, you can make certain modifications, such as updating details or adding add-on,s during renewal or by contacting customer support, subject to policy terms.
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