Cholamandalam Stand Alone Own Damage Private Car Policy

 Cholamandalam MS General Insurance company headquarter is located in Chennai, India, and was founded in 2001. Cholamandalam’s parent organizations were Murugappa Group, Mitsui Sumitomo Insurance Group.

It has 105 branches and over 9000+ agents in PAN India.

Stand Alone Own Damage Private Car Policy in Cholamandalam MS

Cholamandalam MS General Insurance offers standalone own-damages insurance which is not mandatory to hold but it is quite beneficial as it covers a wide variety of situations such as theft, accident, fire, floods, etc. Standalone own-damage car insurance provides you a layer of protection to the insured car and policyholder against uncertain events.

Benefits of buying Stand Alone Own Damage policy from Cholamandalam MS

1. Multiple claims - A policyholder can make multiple claims in a policy tenure until the IDV gets exhausted.

 2. Benefit of No Claim Bonus- Cholamandalam Gives you No claim Bonus benefit for every claim-free year is provided with an insurance plan.

3. Customize your  IDV-Cholamandalam’s customer gets the advantage to customize IDV as per their requirements.

4. Cashless Garages facility- Cholamandalam has access to over 8500+ cashless garages, across the country. you can also find your nearest cashless garage by using your pin code, city, and state details on the website.

5. Trust-As a part of Murugappa Group company, reliability and trustworthiness are the first and foremost values that Cholamandalam MS General Insurance.

How to purchase Stand Alone Own Damage Policy from Cholamandalam MS?

Step 1 – Visit from your browser.

Step 2- Select the private car option on the home page of and enter your vehicle registration number according to your Registration Certificate (RC).

Step 3- Select the quote of Cholamandalam MS from the multiple insurance company's quotes that will appear on the next page after you input the details.

Step 4- Fill out the proposal form once you select the quotation and enter your correct details.

Step 5 – Click on Pay Now once you cross-check your details. You will receive the policy on your email ID once the payment is done. In case of any query raise it to

Coverage of Stand Alone Own Damage Policy in Cholamandalam MS

1. Standalone own damage policy of cholamandalam covers damages that are occurred due to accidents or collisions of your car arising out of road accidents.

2. Cholamandalam MS standalone Own-Damage policy cover damages that are incurred by your car due to fire or explosion.

3. Damages caused due to natural calamities such as earthquakes, landslides, etc. are covered under this policy.

4. Cholamandalam own damage car policy offers losses that occurred during man-made disasters such as terrorist attacks, riots,  etc are covered under this policy.

Exclusions under Stand-Alone Own Damage Policy in Cholamandalam MS

a)  Cholamandalam does not offer accidental damages that occur outside the geographical location.

b) Cholamandalam rejects a claim if the driver of the vehicle does not have a valid driving license.

c) Breakdown of the car due to electrical and mechanical fault.


1. What is meant by Stand Alone Own Damage Car Policy in Cholamandalam MS?

A. Cholamandalam’s  Stand-Alone Own damage car insurance is a policy that specifically covers your own car’s damages and losses. This includes damages and losses caused due to accidents and natural calamities, collisions, natural calamities, fire, etc.

2. How much does cholmandalam's stand-alone own damage policy offer zero depreciation add-on costs?

A. Zero depreciation add-on cover depends on the sum insured and the age of the car. The company will liable to pay only a maximum of Rs.20,000 per part for cars not older than  5 years.

3. Are engine parts covered in zero depreciation add-on in cholamandalam?

No, the zero depreciation add-on cover does not offer protection for engine damage. To safeguard your car’s engine against damages, you need to opt for the engine cover add-on.

4. Is third-party damage covered in the Stand Alone Own Damage car policy of Cholamandalam?

A. No. Third-party damages are not covered under this policy, only the damages of your vehicle are covered.

5. What is the price of Stand Alone Own Damage Car insurance in Cholamandalam?

A. It is comparatively cheaper compared to comprehensive vehicle insurance as it does not include the premium of Liability cover.

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