Chola MS Car Insurance

About Cholamandalam MS General Insurance Company

Cholamandalam MS General Insurance Co. Ltd. is a joint venture between the India-based Murugappa Group and a Japanese insurance company, the Mitsui Sumitomo Insurance Company.

Cholamandalam MS General Insurance Co. Ltd. is a rapidly growing insurance provider in India. The company was awarded the best insurance company in India for ‘In time claims settlement for the year 2011 – 2012’. The car insurance offered by Cholamandalam MS General Insurance Co. Ltd. caters to the different needs of the customers by offering different types of policies as well as extra additions to increase the scope of policy coverage.

Key Features of Chola MS Car Insurance

Benefits of Chola MS Car Insurance

Take a detailed look at the benefits of the car insurance policy provided by Cholamandalam MS General Insurance Company below:

• By renewing Chola MS car insurance from Policybazaar.com, a policyholder can receive a discount of up to 25% (max. Rs.1500) on OD premium if the car was repaired in a preferred network garage.
• Cholamandalam MS General Insurance Company has an authorised network of 4,000+ garages all across the country, which provides the facility of cashless settlements.
• Customers may choose to enhance their protection by adding add-on covers, such as Depreciation cover, Roadside Assistance cover, NCB Retention cover and more.
• The insurance company gives the facility of 24*7 customer support and claim assistance for efficient and quick assistance.

Types of Chola MS Car Insurance Policy

Cholamandalam MS General Insurance Company offers three major types of car insurance plans. These are:

1. Third-Party Car Insurance Policy

   The Third Party car insurance by Cholamandalam car insurance protects a policyholder from any financial loss arising out of accidental third party liabilities involving the insured car. Under this plan, the insurance company will provide coverage against third-party property damage, third party injury or death.

   The liability in case of third-party injury/death is unlimited, while in case of property damage, it is limited to Rs. 7.5 lakh. 

2. Standalone Own Damage Car Insurance Policy

   The Standalone Own Damage car insurance policy covers the damages sustained by the insured car due to events like accidents, natural calamities, manmade disasters, fire or more. This policy can be purchased with an existing third-party liability car insurance plan to cover own damages as well.

3. Comprehensive Car Insurance Policy

   Comprehensive car insurance is an extensive policy as it covers both own damages to the insured car and third-party liabilities arising out of the insured car. Some of the perils covered under this policy include manmade acts, natural calamities, fire, etc. The coverage of a comprehensive insurance policy can also be enhanced by purchasing add-on covers on the payment of some extra premium.

Chola MS Car Insurance Premium Calculator

Before purchasing a Chola MS motor insurance policy, you can also calculate the estimated premium by using the Cholamandalam car insurance premium calculator to check whether it fits your budget or not.

How to Renew a Chola MS Car Insurance Policy?

Follow these steps for Cholamandalam car insurance renewal online:

1. Visit the official website of Policybazaar Insurance Brokers Private Limited.
2. Enter the car number on the form and view instant quotes
3. Enter your name, email and mobile number and proceed forward
4. Find the Chola MS car insurance renewal policy along with the policy details
5. Select the add-ons you want to add and proceed with secure payment.
6. Select the NCB on your existing motor insurance policy
7. Fill out the given form and confirm your details.
8. Select the Summary and Payment option, and now make payment using your preferred payment mode
9. After successful payment, your Cholamandalam motor insurance renewal documents will be sent to your registered email address.

How to File a Claim Under Chola MS Car Insurance

You can file a claim under Chola MS car insurance by following these steps:

Documents Required to Raise a Claim Under Chola MS Car Insurance

Make sure to keep all these documents handy while filling a claim with Cholamandalam MS General Insurance Company:

• Duly filled and signed claim form
• A copy of the Police FIR
• Car insurance policy documents
• A copy of the valid driving license
• Estimates of repairs done
• A copy of the Registration Certificate

FAQs