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The Palisade graces the luxury class with a lower-than-expected premium for its status. Since this SUV essentially replaces the Santa Fe model, expect a similar premium of $158 a month, or $1,896 a year, about $500 above the national average. With a base price of $31,550, the annual insurance cost-to-base car price ratio would be 6%, above the national average of 4% but not unreasonable for a luxury SUV.
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The Palisade keeps insurance costs down with its safe and sturdy frame, low sticker price and free, five-year roadside assistance. Other money-saving factors include:
Your new model should come outfitted with the standard safety features that could land insurance discounts, including:
It’s not the most expensive luxury SUV on the block, but it comes with a higher premium than average for these reasons:
Overall reliability could go either direction since the Santa Fe had several problems recently, but the Palisade has high safety ratings. Safety information to consider:
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