- Hyundai Palisade insurance costs $1,932 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 more expensive midsize SUVs to insure, costing $58 more per year on average.
- With the cheapest average car insurance rates, the Palisade SE trim level costs an average of $1,786 per year to insure.
- At the high end, the Palisade Calligraphy Night is the most expensive to insure at $2,064 for an annual policy.
- Insurance rates by state range from a low of $1,236 per year in Maine to $2,534 in Michigan.
How much does Hyundai Palisade insurance cost?
Hyundai Palisade insurance costs an average of $1,932 annually, or $161 on a monthly basis. With the average midsize SUV costing $1,874 a year to insure, the Hyundai Palisade could cost around $58 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 $1,318 per year for a 60-year-old driver with high physical damage deductibles to a high policy cost of $4,658 annually for a driver age 20 with deductibles of $250.
The age group with the highest rates that are not included in the chart above is 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 $6,829 a year, depending on location. Females are generally slightly less expensive, at an average of $6,384 per year for a 16-year-old.
Is a Hyundai Palisade cheap to insure?
The Hyundai Palisade ranks 23rd out of 34 total vehicles in the 2024 midsize SUV class. The Palisade costs an estimated $1,932 per year for insurance, while the category average is $1,874 per year, a difference of $58 per year.
When compared to all vehicles, not just the midsize SUV class, the Palisade would be about $49 less per year on average. The all-vehicle national average rate is right around $1,883.
When compared directly to a few of the best-selling models in the midsize SUV category, car insurance for a Hyundai Palisade costs $168 less per year than the Tesla Model Y, $162 more per year than the Chevrolet Traverse, and $210 more per year than the Ford Explorer.
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 34 vehicles in the midsize SUV segment.
| Rank | Make and Model | Annual Premium | Difference |
|---|---|---|---|
| 1 | Honda Passport | $1,512 | -$420 |
| 2 | Nissan Murano | $1,594 | -$338 |
| 3 | Subaru Outback | $1,618 | -$314 |
| 4 | Buick Envista | $1,622 | -$310 |
| 5 | Subaru Ascent | $1,652 | -$280 |
| 6 | Volkswagen Atlas | $1,684 | -$248 |
| 7 | Volkswagen Atlas Cross Sport | $1,690 | -$242 |
| 8 | Ford Explorer | $1,722 | -$210 |
| 9 | Toyota Highlander | $1,728 | -$204 |
| 10 | Toyota Venza | $1,732 | -$200 |
| 11 | Chevrolet Traverse | $1,770 | -$162 |
| 12 | Mitsubishi Outlander Sport | $1,782 | -$150 |
| 13 | Mitsubishi Outlander PHEV | $1,784 | -$148 |
| 14 | Kia Sorento | $1,800 | -$132 |
| 15 | Ford Edge | $1,802 | -$130 |
| 16 | Buick Enclave | $1,828 | -$104 |
| 17 | GMC Acadia | $1,832 | -$100 |
| 18 | Honda Pilot | $1,848 | -$84 |
| 19 | Mazda CX-9 | $1,852 | -$80 |
| 20 | Jeep Grand Cherokee | $1,898 | -$34 |
| 21 | Nissan Pathfinder | $1,928 | -$4 |
| 22 | Hyundai Santa Fe | $1,930 | -$2 |
| 23 | Hyundai Palisade | $1,932 | -- |
| 24 | Chevrolet Blazer | $1,958 | $26 |
| 25 | Kia Telluride | $1,978 | $46 |
| 26 | Toyota 4Runner | $2,036 | $104 |
| 27 | Mazda CX-90 | $2,044 | $112 |
| 28 | Toyota Grand Highlander | $2,066 | $134 |
| 29 | Kia EV9 | $2,080 | $148 |
| 30 | Tesla Model Y | $2,100 | $168 |
| 31 | Ford Bronco | $2,104 | $172 |
| 32 | Jeep Wrangler | $2,168 | $236 |
| 33 | Rivian R1S | $2,328 | $396 |
| 34 | Dodge Durango | $2,330 | $398 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Premiums are averaged for all trim levels for each vehicle from the 2024 model year. Updated February 23, 2024
Insurance cost by trim level
The cheapest trim level of Hyundai Palisade to insure is the SE at an estimated $1,786 per year, or about $149 per month. The next cheapest trim is the SEL at $1,850 per year. The highest cost models of Hyundai Palisade to insure are the Calligraphy Night at $2,064 and the Calligraphy at $2,016 per year. Those two models will cost an extra $278 and $230 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 2024 model year.
| 2024 Hyundai Palisade Trim Level | Annual Premium | Cost Per Month |
|---|---|---|
| SE | $1,786 | $149 |
| SEL | $1,850 | $154 |
| XRT | $1,900 | $158 |
| Limited | $1,976 | $165 |
| Calligraphy | $2,016 | $168 |
| Calligraphy Night | $2,064 | $172 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500 and UM/UIM and medical payments coverages are included. Updated February 23, 2024
Average insurance rates by location
The cost to insure a Hyundai Palisade can range from cheaper rates like $1,282 or less per year in cheaper locations up to as much as $3,296 or more in the most expensive areas in the U.S. Rates in some larger cities include Wichita, KS, at an estimated $2,024 per year, Indianapolis, IN, at $1,598, Milwaukee, WI, averaging $1,898, and Phoenix, AZ, at $2,116.
The following chart details the average Palisade insurance cost in the larger urban areas in America.
When comparing Hyundai Palisade insurance rates on a state level, states like Iowa ($1,356), North Carolina ($1,278), and Idaho ($1,434) have lower insurance rates, while states like Florida ($2,346), Michigan ($2,534), and New York ($2,224) have more expensive insurance rates on a Hyundai Palisade.
The table below shows estimated annual, 6-month, and monthly insurance costs on a Palisade in all fifty U.S. states.
| U.S. State | Annual Premium | Cost Per Month |
|---|---|---|
| Alabama | $1,766 | $147 |
| Alaska | $1,512 | $126 |
| Arizona | $1,796 | $150 |
| Arkansas | $2,026 | $169 |
| California | $2,318 | $193 |
| Colorado | $2,072 | $173 |
| Connecticut | $2,144 | $179 |
| Delaware | $2,188 | $182 |
| Florida | $2,346 | $196 |
| Georgia | $1,982 | $165 |
| Hawaii | $1,378 | $115 |
| Idaho | $1,434 | $120 |
| Illinois | $1,726 | $144 |
| Indiana | $1,496 | $125 |
| Iowa | $1,356 | $113 |
| Kansas | $1,918 | $160 |
| Kentucky | $2,068 | $172 |
| Louisiana | $2,248 | $187 |
| Maine | $1,236 | $103 |
| Maryland | $1,816 | $151 |
| Massachusetts | $2,102 | $175 |
| Michigan | $2,534 | $211 |
| Minnesota | $1,692 | $141 |
| Mississippi | $1,900 | $158 |
| Missouri | $2,174 | $181 |
| Montana | $1,798 | $150 |
| Nebraska | $1,652 | $138 |
| Nevada | $2,290 | $191 |
| New Hampshire | $1,356 | $113 |
| New Jersey | $2,318 | $193 |
| New Mexico | $1,628 | $136 |
| New York | $2,224 | $185 |
| North Carolina | $1,278 | $107 |
| North Dakota | $1,638 | $137 |
| Ohio | $1,404 | $117 |
| Oklahoma | $2,126 | $177 |
| Oregon | $1,826 | $152 |
| Pennsylvania | $1,874 | $156 |
| Rhode Island | $2,368 | $197 |
| South Carolina | $1,656 | $138 |
| South Dakota | $1,990 | $166 |
| Tennessee | $1,854 | $155 |
| Texas | $1,814 | $151 |
| Utah | $1,724 | $144 |
| Vermont | $1,460 | $122 |
| Virginia | $1,350 | $113 |
| Washington | $1,772 | $148 |
| West Virginia | $1,752 | $146 |
| Wisconsin | $1,438 | $120 |
| Wyoming | $1,746 | $146 |
Data Methodology: Rated driver is a 40-year-old married male with no driving violations or at-fault accidents in the prior three years. Comprehensive and collision deductibles are $500. Uninsured Motorist (UM), Underinsured Motorist (UIM) and medical payments coverages are included. Updated February 23, 2024
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 $326 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 $510 per year.
- Rated driver gender affects the rate you pay. For a 2024 Hyundai Palisade, a 20-year-old male driver will pay an estimated rate of $3,930 per year, while a 20-year-old female driver will get a rate of $2,788, a difference of $1,142 per year in favor of the women by a long shot. But by age 50, the rate for men is $1,698 and the cost for a female driver is $1,662, a difference of only $36.
- As you get older, car insurance rates go down. The difference in insurance cost on a Palisade between a 50-year-old driver ($1,698 per year) and a 20-year-old driver ($3,930 per year) is $2,232, or a savings of 79.3%. 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 $303 per year when compared to a credit score ranging from 670-739. Conversely, a subpar credit score could cost around $352 more per year.