Benefits of Chola MS Zero Depreciation Car Insurance
Let’s check out some of the benefits of the zero-depreciation cover under Chola MS car insurance:
Wider Coverage:
The insurance scheme is also known as the bumper-to-bumper cover, which allows you to avail 100% of the coverage for any of the car parts and body parts like rubber, metal, fiber, and more. With a normal car insurance cover, you do not get such extreme options to cover all bases.
Transfer of Liability:
Chola MS Zero Depreciation Cover is designed to provide the insurance holder with the financial measures and claims during damages or losses that occurred during accidents. This helps to cut back on the financial loss that you may have had to bear if you didn’t have a zero-depreciation cover.
Enhances Protection:
Normal basic car insurance comes with a threshold of limit and caveats that undermine the protection level it can grant. This is where having an additional cover in form of zero depreciation cover comes in handy. It allows you to extend the financial protection for your car whilst making sure that you’re not financially taking a hit on it.
Affordable and Hassle-free:
Chola MS offers an affordable option to people looking for a good zero depreciation car insurance package. Not only are their package customer-centric but also comes with quick and hassle-free claim processing.
Claim Process for Chola MS Zero Depreciation Car Insurance
The entire claim process for Chola MS Zero Depreciation car insurance is designed in a way to facilitate quick claim support and dispersal of funds. They offer both cashless and reimbursement claims as required. Here’s how the procedure works:
Step 1: Intimate the Company
The first step in the claim processing starts from intimation to the insurance company by the policyholder. Always contact the company and proceed to fill the claim form. You should provide details like policy numbers, time and date of the accident, any estimated damages, and more.
Step 2: Revert from the company
The second step in the process is the revert from the company to the policyholder about the claim validation and the start of the process. The customer service will provide a claim reference number to the policyholder.
Step 3: Inspection and Survey
Once you receive the claim reference number from the company, they will proceed to the next step. The insurance service provider will send in a surveyor or inspector to review the vehicle and its extent of the damage. The inspector will then send his validation to the insurance company.
Step 4: Dispersal of Claim Amount
Once the inspector sends in his validation to the company, Chola MS will process your claims and disperse your funds. If needed there may be a second survey for affirmation before dispersal.

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Chola MS Zero Depreciation Car Insurance FAQs
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Q. Will the zero-depreciation cover be applicable in case of theft or loss of vehicle?
Ans: No, as per the stipulated rules, zero depreciation cover doesn’t apply for the cases of theft or loss of the vehicle.
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Q. Does my Chola MS zero depreciation plan cover engine parts?
Ans: No, the zero-depreciation cover doesn’t include coverage for engine parts.