Hyundai Palisade Insurance Rates for 2023

• Hyundai Palisade insurance costs $1,680 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 $90 less per year on average.
• With the cheapest average car insurance rates, the Palisade SE trim level costs an average of $1,568 per year to insure.
• At the high end, the Palisade Calligraphy is the most expensive to insure at $1,784 for an annual policy.
• Insurance rates by state range from a low of $1,020 per year in Maine to $2,260 in Michigan.

How much does Hyundai Palisade insurance cost?

Hyundai Palisade insurance costs an average of $1,680 annually, or $140 on a monthly basis. With the average midsize SUV costing $1,770 a year to insure, the Hyundai Palisade could save around $90 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 $1,246 per year for a 60-year-old driver with high physical damage deductibles to a high policy cost of $3,932 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 $5,838 a year, depending on location. Females are generally slightly less expensive, at an average of $5,130 per year for a 16-year-old.

Is a Hyundai Palisade cheap to insure?

The Hyundai Palisade ranks 11^th out of 31 total vehicles in the 2023 midsize SUV class. The Palisade costs an estimated $1,680 per year for insurance, while the category average is $1,770 per year, a difference of $90 per year.

When compared to all vehicles, not just the midsize SUV class, the Palisade would be about $48 less per year on average. The all-vehicle national average rate is right around $1,728.

When compared directly to the best-selling models in the midsize SUV category, car insurance for a Hyundai Palisade costs $246 less per year than the Jeep Grand Cherokee, $126 less than the Toyota Highlander, $138 more than the Ford Explorer, and $288 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 31 vehicles in the midsize SUV segment.

Insurance cost by trim level

The cheapest trim level of Hyundai Palisade to insure is the SE at an estimated $1,568 per year, or about $131 per month. The next cheapest trim is the SEL at $1,628 per year. The highest cost models of Hyundai Palisade to insure are the Calligraphy at $1,784 and the Limited at $1,754 per year. Those two models will cost an extra $216 and $186 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 2023 model year.

Average insurance rates by location

The cost to insure a Hyundai Palisade can range from cheaper rates like $1,060 or less per year in cheaper locations up to as much as $2,920 or more in the most expensive areas in the U.S. Rates in some larger cities include Wichita, KS, at an estimated $1,746 per year, Indianapolis, IN, at $1,354, Milwaukee, WI, averaging $1,632, and Phoenix, AZ, at $1,832.

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 ($1,130), North Carolina ($1,058), and Idaho ($1,204) have lower insurance rates, while states like Florida ($2,066), Michigan ($2,260), and New York ($1,932) 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.

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 $282 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 $432 per year.
• Rated driver gender affects the rate you pay. For a 2023 Hyundai Palisade, a 20-year-old male driver will pay an estimated rate of $3,336 per year, while a 20-year-old female driver will get a rate of $2,464, a difference of $872 per year in favor of the women by a long shot. But by age 50, the rate for men is $1,528 and the cost for a female driver is $1,498, a difference of only $30.
• As you get older, car insurance rates go down. The difference in insurance cost on a Palisade between a 50-year-old driver ($1,528 per year) and a 20-year-old driver ($3,336 per year) is $1,808, or a savings of 74.3%. 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 $264 per year when compared to a credit score ranging from 670-739. Conversely, a subpar credit score could cost around $306 more per year.