2020 Hyundai Palisade Insurance Cost
The 2020 Hyundai Palisade averages $1,740/yr in annual insurance premiums. At 6 years old, this full-size suv costs $310 less than the model's overall average of $2,050/yr.
Quote My 2020 Palisade$1,740/yr
Avg. Annual Insurance
IIHS Top Safety Pick+
Safety Rating
Low
Theft Risk
Full-size SUV
Body Type
6 years old
Vehicle Age
Insurance Tips for Your 2020 Hyundai Palisade
At 6 years old, the 2020 Palisade has depreciated enough that you might consider dropping comprehensive coverage if the car's value is low — but check your loan requirements first.
The Palisade's low theft risk helps keep comprehensive coverage affordable.
With a IIHS Top Safety Pick+ safety rating, ask your insurer about safety feature discounts — many carriers offer 5-10% off for vehicles with advanced driver assistance systems.
Bundle your auto and home (or renters) insurance to save 10-25% on both policies.
Compare quotes from at least 3-5 carriers. Rates for the same vehicle can vary by $500+ between companies.
Frequently Asked Questions
A 2020 Hyundai Palisade costs an average of $1,740/yr to insure. This is $310 less than the model's overall average of $2,050/yr because older vehicles have lower replacement values.
The Hyundai Palisade carries a IIHS Top Safety Pick+ safety rating. While this model year may lack some newer safety technologies, it still offers solid crash protection.
At 6 years old, evaluate whether comprehensive and collision coverage is worth it. If the car's value is below $5,000, the premiums might exceed the potential payout. Consider liability-only coverage.
Older vehicles are cheaper to insure because they've depreciated significantly. The lower replacement value means insurers pay out less on total loss claims.
Compare quotes from multiple carriers (Truvo compares 40+ for free), raise your deductible to $1,000, maintain a clean driving record, bundle policies, and take advantage of discounts for safety features, low mileage, or good student status.
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