Get Car Insurance starting at only ₹2,094/year #

Cholamandalam Standalone Own Damage Car Insurance

Purchasing a Cholamandalam Standalone own damage car insurance can financially protect your four-wheeler from unforeseen damages like accidents, fire, theft, manmade and natural disasters. This policy by Cholamandalam MS General Insurance can be purchased online at an affordable premium.

Read more

  • 8300 Cashless garages

  • Plan starting @ ₹2094#

  • 96% Claim settlement ratio

#TP price for less than 1000 CC cars. All savings are provided by insurers as per IRDAI approved insurance plan. Standard T&C apply.

Get Car Insurance starting at only ₹2,094/year #
Looking for Car Insurance?
    Other models
    Other variants
    Select your variant
    View all variants
      Full Name
      Mobile No.
      View Prices
      Please wait..
      By clicking on “View Prices”, you agree to our Privacy Policy & Terms of Use
      Get Updates on WhatsApp
      Select Make
      Select Model
      Fuel Type
      Select variant
      Registration year
      Registration month
      Save & update
      Please wait..

      We have found best plans for you!! Our advisor will get in touch with you soon.

      Key Features of Cholamandalam Standalone Own Damage Car Insurance

      Categories Key Features
      Own Damage Cover Yes
      Mandatory No
      No Claim Bonus Yes
      Add-on Covers Offered
      Zero Depreciation cover Yes
      PA Cover Upto Rs. 15 Lakh

      Coverage Under Cholamandalam Standalone Own Damage Car Insurance

      • Losses arising out of the theft/burglary of the insured car
      • Damages to the insured vehicle due to natural calamities like floods, landslides, earthquakes, etc.
      • Damages arising out of manmade disasters like terrorism, strikes, riots, etc.
      • Damages arising out of road accidents or by external means
      • Losses sustained by the insured car due to fire or explosion are covered.
      • Any damage arising post-expiry of the OD policy will not be covered
      • General wear and tear, and depreciation are not covered
      • Electrical or mechanical breakdown sustained by the insured car
      • Third party damages such as third party property damage, death and bodily injuries
      • Driving under the influence of alcohol/drugs
      • Damages due to war, terror attacks, nuclear perils
      • Damages sustained by the insured car when the driver was driving under the influence of alcohol are excluded from the coverage
      • Claim cannot be raised for any damage that is not within the scope of insurance cover 

      Add-ons Under Cholamandalam Standalone Own Damage Car Insurance

      Add-ons are optional covers offered under a Chola MS own damage car insurance policy. These add-ons extend the coverage of a standard OD coverage and can be purchased by paying an extra premium. The additional covers offered by Cholamandalam General Insurance Company include:

      • No Claim Bonus Protect Cover
      • Monthly Installment Cover
      • Consumables Cover
      • Zero Depreciation Cover
      • Key Replacement Cover
      • Daily Allowance Cover
      • Personal Belongings Cover

      How to Buy Cholamandalam Standalone Own Damage Car Insurance Policy?

      A Cholamandalam own damage cover can be purchased online by following the steps mentioned below:

      • Visit the official website of Policybazaar Insurance Brokers Private Limited (
      • Select ‘Car Insurance’ tab from the homepage
      • Enter your car number in the given form
      • Enter your car’s RTO, make, model, variant and registration year
      • From the given Standalone own damage car insurance plans of multiple insurers, select Cholamandalam OD cover and check its policy details
      • You can also opt for add-ons by selecting them from the “Addons and Accessories” dropdown
      • Once you are satisfied with your plan, pay the premium amount via any of the mentioned online payment modes
      • As soon as you have paid the premium, your Cholamandalam own damage car insurance policy papers will be sent to your email address. 

      Documents Required to Raise a Cholamandalam Standalone Own Damage Claim

      To raise a Cholamandalam Standalone own damage car insurance claim, a policyholder will need the following documents:

      • Duly filled and signed claim form
      • Chola own damage car insurance policy documents
      • Copy of vehicle’s Registration Certificate
      • Copy of driver’s driving license
      • KYC documents
      • Bills and estimates of repair in case of reimbursement claims


      • Q1. Is own damage a mandatory cover?

        Ans: No. An OD cover is not a mandatory cover as per the motor laws of India. With the new guidelines of IRDAI, purchasing a OD cover along with a 3 year third party coverage is not mandatory anymore. Thus you will have the option to purchase or renew this cover for the second year.

      • Q2. What is the period of own damage cover?

        Ans: An OD cover can be purchased for a period of 1 year after which it has to be renewed.

      • Q3. How to claim Cholamandalam car insurance for own damages?

        Ans: To raise a claim under Cholamandalam own damage car insurance, you can follow the steps mentioned below:

        • Call the insurance company and inform them about the damages to your car
        • A surveyor will now be appointed to assess the damages sustained by your vehicle
        • Submit all the required documents and get them verified
        • Once verified, your car will be sent to the network garage for repairs and the claim will be settled by the insurer.
      • Q4. Who is eligible to buy a Chola OD cover?

        Ans: Any car owner who has bought his/her car after 1st September 2018 and has a TP cover for 3 year is eligible to purchase a Cholamandalam standalone own damage car insurance.

      • Q5. What is the difference between an own damage and third party insurance?

        Ans: A third party liability insurance covers any third party damages caused due to an insured car. It compensates for third party property damage, death and injury of the third person. Whereas an OD cover only covers any own damage sustained by the insured car due to unforeseen incidents such as accidents, theft, fire, etc. This policy can be purchased along with the mandatory third party car insurance to extend coverage to own damages as well.

      Explore add-ons for your car insurance

      Plans starting from @ ₹2,094/year*
      Car Insurance
      Zero Depreciation Car Insurance
      Car Insurance
      Compulsory Personal Accident Cover
      Car Insurance
      Bumper to Bumper Insurance
      Car Insurance
      No Claim Bonus (NCB) in Car Insurance
      Car Insurance
      Bundled Policy
      Car Insurance
      Roadside Assistance Cover
      Car Insurance
      Return To Invoice
      Car Insurance
      Multi-Year Car Insurance
      Car Insurance
      Engine Protection Cover
      Car Insurance
      Personal Possessions Cover
      Car Insurance
      Voluntary Deductible in Car Insurance
      Car Insurance
      Key Replacement Cover
      Car Insurance
      Daily Allowance Cover
      Car Insurance
      Tyre Protector Cover
      Car Insurance
      Rim Damage Cover
      Car Insurance
      Car Accessories Cover

      Find similar car insurance quotes by body type

      Hatchback Sedan SUV MUV
       Why buy from policybazaar

      Car insurance articles

      Recent Articles
      Popular Articles
      Importance and Benefits of Comprehensive Car Insurance Policy

      20 Sep 2023

      Having third-party car insurance is mandatory as per the motor
      Read more
      5 Common Myths About Buying Motor Insurance

      13 Sep 2023

      When buying car insurance, it is essential to have a thorough
      Read more
      Lesser Known Motor insurance Add-ons

      13 Sep 2023

      While popular add-ons like Engine Cover, Zero Dep, and Return to
      Read more
      6 Things To Consider Before Buying Your New Car

      04 Sep 2023

      Buying a new car can become a harrowing experience if you don't
      Read more
      Essential Tips To Take Care Of Your Car's Engine

      07 Sep 2023

      As much as the heart is a vital organ for your body, the engine is
      Read more
      Check Vehicle/Car Insurance Status Online on Parivahan Sewa, Vahan, IIB & RTO
      It doesn’t matter if you are an excellent driver or take your car out only once in a few months, your car must be
      Read more
      How to Find Car Insurance Details by Registration Number?
      As a car owner, it is mandatory to have a car insurance policy under the Motor Vehicles Act, 1988. Sometimes, you
      Read more
      Getting Your Duplicate Car Insurance Policy is Easy-Here’s How!
      Losing your car insurance documents can be daunting. In such a state of affairs, the first thing that comes to your
      Read more
      How to Transfer Car Insurance Policy?
      An integral part of selling a car, for both the buyer and the seller, is ensuring a successful car insurance
      Read more
      Vehicle Scrappage Policy in India: All You Need to Know
      With an aim to phase out unfit and polluting vehicles, the Government of India has rolled out Vehicle Scrappage
      Read more

      View Plans
      Download the Policybazaar app
      to manage all your insurance needs.