Renewal of Cholamandalam MS Car insurance


Cholamandalam Ms General insurance company is a joint venture between Murugappa Group and Mitsui Sumitomo Insurance Group, a Japanese insurance company. The company was founded in 2001 in Chennai, India. company deals in various insurance products like health, marine, motor, travel, etc.

What is the renewal of a policy in Cholamandalam MS?

Expiring policy, replaced by a new policy called as renewable of the policy. Basically, the renewal of the policy happens at the end of the previous period. By adjusting premium and coverage insured can renew his old policy into a new one. Insured can renew his policy into the same company or another company.

 What are the Benefits of renewing your policy with the same company?

-The company offers no claim bonus discount as a reward for renewing your policy with the same company.

-Companies can reduce your deductibles for being loyal to them. It mainly depends upon the. of claim-free years of an insured.

-No increment in premium amount even if the accident has happened at the fault of the insured.

-No more hidden costs.

 What happens if the policy gets expired

-In case, third-party car insurance got expires then you are not getting any cover under a third party's legal liability.

-If comprehensive car insurance got expires then you need to inspect your car and also driving a car without having insurance is not legal.

- You will not opt for damages to yourself if your Standalone own damage policy has expired.

-If you met with an unfortunate accident when your policy got expired, you will have to bear all the expenses by yourself.

-Inspection is required in case you miss your renewal date for a car before you get a fresh policy.

-Driving without an insurance policy is not legally allowed in India.

-You are not liable for no claim bonus if your policy got lapsed. (No claim bonus discount is only applicable if you renew your policy within 90 days after the policy expires after 90 days if you did not renew your insurance then you are not liable for NCB).

What are the documents required for inspection?

The following documents need for inspection are as follows-

RC copy of the car

Previous year policy copy

Car’s Photos according to the requirement

Driving license

Note:-vehicle needs to be inspected between 10 am to 6 pm in a vacant place with proper sunlight.

What can you do if your policy expires?

-Contact Online insurance brokers to know the further process of renewal

-Avoid driving your car till you get a new policy because your policy expired and you don’t have any protection right now.

-For renewal, you need to visit and decide which policy is suitable for you.

-You need to have your previous year's policy for further documentation or renewal.

-After the expiration of the policy, you need to face an inspection for your vehicle. Inspection is needed to decide whether your vehicle qualifies for insurance or not. After a successful inspection, your vehicle is eligible for renewed insurance.


1. What happens if I renew my car insurance after it expires?

If the policy got expired, you need to face an inspection for your vehicle.

2What are the details required to renew your policy?

You just need a copy of your previous policy.

3. Can I renew my car insurance without inspection?

Yes, only if you renew your policy before the expiry date.

4. How much NCB discount you will get on renewal?

You will get up to a 50% discount on renewal.

5What is an inspection in car insurance?

Inspection is an assessment of the condition of the car.


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