- Hyundai Palisade insurance costs $1,462 per year on average for a full coverage policy, depending on the trim level.
- When compared to other midsize SUVs, the Hyundai Palisade is one of the cheaper midsize SUVs to insure, costing $82 less per year on average.
- With the cheapest average car insurance rates, the Palisade SE trim level costs an average of $1,376 per year to insure.
- At the high end, the Palisade Calligraphy is the most expensive to insure at $1,540 for an annual policy.
- Insurance rates by state range from a low of $1,010 per year in Maine to $2,328 in Michigan.
How much does Hyundai Palisade insurance cost?
Hyundai Palisade insurance costs an average of $1,462 annually, or $122 on a monthly basis. With the average midsize SUV costing $1,544 a year to insure, the Hyundai Palisade could save around $82 or more each year.
The following chart demonstrates how average Palisade car insurance rates change based on driver age and comprehensive and collision deductibles. Price estimates range from a low of $1,086 per year for a 60-year-old driver with high physical damage deductibles to a high policy cost of $3,418 annually for a driver age 20 with deductibles of $250.
The age group with the highest rates that is not included in the chart above are teenagers. Insuring a teen driver is always expensive, especially on a newer vehicle with full coverage insurance. For a Palisade, a 16-year-old male driver would cost around $5,080 a year, depending on location. Females are generally slightly less expensive, at an average of $4,464 per year for a 16-year-old.
Is a Palisade cheap to insure?
The Hyundai Palisade ranks #9 out of 29 total vehicles in the 2022 midsize SUV class. The Palisade costs an estimated $1,462 per year for insurance, while the category average is $1,544 per year, a difference of $82 per year.
When compared to all vehicles, not just the midsize SUV class, the Palisade would be about $105 less per year on average. The all-vehicle national average rate is right around $1,567.
When compared directly to the best-selling models in the midsize SUV category, car insurance for a Hyundai Palisade costs $218 less per year than the Jeep Grand Cherokee, $72 less than the Toyota Highlander, $28 more than the Ford Explorer, and $230 less than the Jeep Cherokee.
The chart below shows how auto insurance cost for a Hyundai Palisade compares to the top 10 best selling midsize SUVs in the U.S. Following the chart, a rate table is included that shows insurance cost rankings for all 29 vehicles in the midsize SUV segment.
| Rank | Make/Model | Insurance Cost | Difference |
|---|---|---|---|
| 1 | Honda Passport | $1,224 | -$238 |
| 2 | Subaru Ascent | $1,310 | -$152 |
| 3 | Ford Edge | $1,374 | -$88 |
| 4 | Subaru Outback | $1,398 | -$64 |
| 5 | Nissan Murano | $1,416 | -$46 |
| 6 | Toyota Venza | $1,424 | -$38 |
| 7 | Ford Explorer | $1,434 | -$28 |
| 8 | Kia Sorento | $1,444 | -$18 |
| 9 | Hyundai Palisade | $1,462 | -- |
| 10 | Volkswagen Atlas | $1,472 | $10 |
| 11 | Toyota 4Runner | $1,488 | $26 |
| 12 | Volkswagen Atlas Cross Sport | $1,528 | $66 |
| 13 | Mazda CX-9 | $1,530 | $68 |
| 14 | GMC Acadia | $1,532 | $70 |
| 15 | Toyota Highlander | $1,534 | $72 |
| 16 | Nissan Pathfinder | $1,540 | $78 |
| 17 | Honda Pilot | $1,546 | $84 |
| 18 | Mitsubishi Outlander Sport | $1,548 | $86 |
| 19 | Buick Enclave | $1,562 | $100 |
| 20 | Chevrolet Traverse | $1,568 | $106 |
| 21 | Hyundai Santa Fe | $1,590 | $128 |
| 22 | Kia Telluride | $1,596 | $134 |
| 23 | Chevrolet Blazer | $1,610 | $148 |
| 24 | Jeep Grand Cherokee | $1,680 | $218 |
| 25 | Jeep Cherokee | $1,692 | $230 |
| 26 | Mitsubishi Outlander PHEV | $1,768 | $306 |
| 27 | Dodge Durango | $1,788 | $326 |
| 28 | Tesla Model Y | $1,804 | $342 |
| 29 | Rivian R1S | $1,902 | $440 |
Do more expensive trim levels cost more to insure?
The cheapest trim level of Hyundai Palisade to insure is the SE at an estimated $1,376 per year, or about $115 per month. The next cheapest trim is the SEL at $1,422 per year. The highest cost models of Hyundai Palisade to insure are the Calligraphy at $1,540 and the Limited at $1,514 per year. Those two models will cost an extra $164 and $138 per year, respectively, over the least expensive SE model.
The table below shows average yearly and semi-annual Hyundai Palisade car insurance rates, including a monthly budget amount, for each trim level for the 2022 model year.
| Hyundai Palisade Trim Level | Annual Policy | 6-month Policy | Per Month |
|---|---|---|---|
| SE | $1,376 | $688 | $115 |
| SEL | $1,422 | $711 | $119 |
| Limited | $1,514 | $757 | $126 |
| Calligraphy | $1,540 | $770 | $128 |
Can my address influence my insurance rates?
The cost to insure a Hyundai Palisade can range from cheaper rates like $912 or less per year in cheaper locations up to as much as $2,758 or more in the most expensive areas in the U.S. Rates in some larger cities include Wichita, KS, at an estimated $1,592 per year, Indianapolis, IN, at $1,470, Milwaukee, WI, averaging $1,478, and Phoenix, AZ, at $1,678.
The following chart details average Palisade insurance cost in the larger urban areas in America. For this comparison, rates range from $1,098 per year in Columbus, OH, to $2,758 in New York, NY, a difference of $1,660.
Which states are cheapest for Hyundai Palisade insurance?
When comparing Hyundai Palisade insurance rates on a state level, states like Iowa ($1,058), North Carolina ($928), and Idaho ($1,154) have lower insurance rates, while states like Florida ($2,136), Michigan ($2,328), and New York ($1,554) have more expensive insurance rates on a Hyundai Palisade.
The table below shows estimated annual, 6-month, and monthly insurance costs on a Palisade. Rates are averaged for all trim levels, so lower-end models like the Palisade SE will be cheaper, whereas higher end trims like the Limited models will be higher than average.
| U.S. State | Annual Cost | 6-month Cost | Monthly Cost |
|---|---|---|---|
| Alabama | $1,192 | $596 | $99 |
| Alaska | $1,284 | $642 | $107 |
| Arizona | $1,300 | $650 | $108 |
| Arkansas | $1,562 | $781 | $130 |
| California | $1,674 | $837 | $140 |
| Colorado | $1,560 | $780 | $130 |
| Connecticut | $1,416 | $708 | $118 |
| Delaware | $1,486 | $743 | $124 |
| Florida | $2,136 | $1,068 | $178 |
| Georgia | $1,414 | $707 | $118 |
| Hawaii | $992 | $496 | $83 |
| Idaho | $1,154 | $577 | $96 |
| Illinois | $1,180 | $590 | $98 |
| Indiana | $1,090 | $545 | $91 |
| Iowa | $1,058 | $529 | $88 |
| Kansas | $1,470 | $735 | $123 |
| Kentucky | $1,700 | $850 | $142 |
| Louisiana | $2,118 | $1,059 | $177 |
| Maine | $1,010 | $505 | $84 |
| Maryland | $1,322 | $661 | $110 |
| Massachusetts | $1,196 | $598 | $100 |
| Michigan | $2,328 | $1,164 | $194 |
| Minnesota | $1,284 | $642 | $107 |
| Mississippi | $1,382 | $691 | $115 |
| Missouri | $1,552 | $776 | $129 |
| Montana | $1,424 | $712 | $119 |
| Nebraska | $1,398 | $699 | $117 |
| Nevada | $1,602 | $801 | $134 |
| New Hampshire | $880 | $440 | $73 |
| New Jersey | $1,382 | $691 | $115 |
| New Mexico | $1,172 | $586 | $98 |
| New York | $1,554 | $777 | $130 |
| North Carolina | $928 | $464 | $77 |
| North Dakota | $1,214 | $607 | $101 |
| Ohio | $850 | $425 | $71 |
| Oklahoma | $1,422 | $711 | $119 |
| Oregon | $1,224 | $612 | $102 |
| Pennsylvania | $1,230 | $615 | $103 |
| Rhode Island | $1,722 | $861 | $144 |
| South Carolina | $1,346 | $673 | $112 |
| South Dakota | $1,324 | $662 | $110 |
| Tennessee | $1,156 | $578 | $96 |
| Texas | $1,376 | $688 | $115 |
| Utah | $1,206 | $603 | $101 |
| Vermont | $972 | $486 | $81 |
| Virginia | $944 | $472 | $79 |
| Washington | $1,110 | $555 | $93 |
| West Virginia | $1,314 | $657 | $110 |
| Wisconsin | $992 | $496 | $83 |
| Wyoming | $1,342 | $671 | $112 |
Additional Insurance Rates and Information
It’s difficult to show rates for all possible scenarios when buying car insurance, so here are some other situations that can help earn policy discounts or avoid paying high rates.
- Find cheaper rates by qualifying for discounts. Discounts may be available if the insured drivers sign their policy early, work in certain occupations, are claim-free, are accident-free, or many other discounts which could save the average driver as much as $242 per year on the cost of insuring a Hyundai Palisade.
- Obey driving laws to save money. If you want to pay the most affordable Palisade insurance rates, it pays off to be a safe driver. Just a few minor traffic citations could end up increasing the price of a policy by as much as $376 per year.
- Rated driver gender affects the rate you pay. For a 2022 Hyundai Palisade, a 20-year-old male driver will pay an estimated rate of $2,902 per year, while a 20-year-old female driver will get a rate of $2,142, a difference of $760 per year in favor of the women by a long shot. But by age 50, the rate for men is $1,332 and the cost for a female driver is $1,304, a difference of only $28.
- As you get older, car insurance rates go down. The difference in insurance cost on a Palisade between a 50-year-old driver ($1,332 per year) and a 20-year-old driver ($2,902 per year) is $1,570, or a savings of 54.1%. After about age 65, rates do start to creep back up, however.
- Great credit can mean great car insurance rates. In states that allow credit history to be used as a factor in determining insurance rates, having an over-800 credit score may see savings of $230 per year when compared to a credit score ranging from 670-739. Conversely, a subpar credit score could cost around $266 more per year.
