diff --git a/src/Parsers/InsertQuerySettingsPushDownVisitor.cpp b/src/Parsers/InsertQuerySettingsPushDownVisitor.cpp
new file mode 100644
index 00000000000..a3bca76816f
--- /dev/null
+++ b/src/Parsers/InsertQuerySettingsPushDownVisitor.cpp
@@ -0,0 +1,64 @@
+#include <Common/SettingsChanges.h>
+#include <Parsers/InsertQuerySettingsPushDownVisitor.h>
+#include <Parsers/ASTSelectWithUnionQuery.h>
+#include <Parsers/ASTSelectQuery.h>
+#include <Parsers/ASTSetQuery.h>
+#include <Parsers/ASTSubquery.h>
+
+#include <iterator>
+#include <algorithm>
+
+namespace DB
+{
+
+bool InsertQuerySettingsPushDownMatcher::needChildVisit(ASTPtr & node, const ASTPtr & child)
+{
+    if (node->as<ASTSelectWithUnionQuery>())
+        return true;
+    if (node->as<ASTSubquery>())
+        return true;
+    if (child->as<ASTSelectQuery>())
+        return true;
+    return false;
+}
+
+void InsertQuerySettingsPushDownMatcher::visit(ASTPtr & ast, Data & data)
+{
+    if (auto * select_query = ast->as<ASTSelectQuery>())
+        visit(*select_query, ast, data);
+}
+
+void InsertQuerySettingsPushDownMatcher::visit(ASTSelectQuery & select_query, ASTPtr &, Data & data)
+{
+    ASTPtr select_settings_ast = select_query.settings();
+    if (!select_settings_ast)
+        return;
+
+    auto & insert_settings_ast = data.insert_settings_ast;
+
+    if (!insert_settings_ast)
+    {
+        insert_settings_ast = select_settings_ast->clone();
+        return;
+    }
+
+    SettingsChanges & select_settings = select_settings_ast->as<ASTSetQuery &>().changes;
+    SettingsChanges & insert_settings = insert_settings_ast->as<ASTSetQuery &>().changes;
+
+    for (auto & setting : select_settings)
+    {
+        auto it = std::find_if(insert_settings.begin(), insert_settings.end(), [&](auto & select_setting)
+        {
+            return select_setting.name == setting.name;
+        });
+        if (it == insert_settings.end())
+            insert_settings.push_back(setting);
+        else
+        {
+            /// Do not ovewrite setting that was passed for INSERT
+            /// by settings that was passed for SELECT
+        }
+    }
+}
+
+}
diff --git a/src/Parsers/InsertQuerySettingsPushDownVisitor.h b/src/Parsers/InsertQuerySettingsPushDownVisitor.h
new file mode 100644
index 00000000000..1590a9198b8
--- /dev/null
+++ b/src/Parsers/InsertQuerySettingsPushDownVisitor.h
@@ -0,0 +1,37 @@
+#pragma once
+
+#include <Parsers/IAST.h>
+#include <Interpreters/InDepthNodeVisitor.h>
+
+namespace DB
+{
+
+class ASTSelectQuery;
+struct SettingChange;
+class SettingsChanges;
+
+/// Pushdown SETTINGS clause to the INSERT from the SELECT query:
+/// (since SETTINGS after SELECT will be parsed by the SELECT parser.)
+///
+/// NOTE: INSERT ... SELECT ... FORMAT Null SETTINGS max_insert_threads=10 works even w/o push down,
+/// since ParserInsertQuery does not ParserInsertQuery.
+class InsertQuerySettingsPushDownMatcher
+{
+public:
+    using Visitor = InDepthNodeVisitor<InsertQuerySettingsPushDownMatcher, true>;
+
+    struct Data
+    {
+        ASTPtr & insert_settings_ast;
+    };
+
+    static bool needChildVisit(ASTPtr & node, const ASTPtr & child);
+    static void visit(ASTPtr & ast, Data & data);
+
+private:
+    static void visit(ASTSelectQuery &, ASTPtr &, Data &);
+};
+
+using InsertQuerySettingsPushDownVisitor = InsertQuerySettingsPushDownMatcher::Visitor;
+
+}
diff --git a/src/Parsers/ParserInsertQuery.cpp b/src/Parsers/ParserInsertQuery.cpp
index 50baf7566d1..1f987edf13f 100644
--- a/src/Parsers/ParserInsertQuery.cpp
+++ b/src/Parsers/ParserInsertQuery.cpp
@@ -9,6 +9,7 @@
 #include <Parsers/ParserWatchQuery.h>
 #include <Parsers/ParserInsertQuery.h>
 #include <Parsers/ParserSetQuery.h>
+#include <Parsers/InsertQuerySettingsPushDownVisitor.h>
 #include <Common/typeid_cast.h>
 
 
@@ -127,6 +128,14 @@ bool ParserInsertQuery::parseImpl(Pos & pos, ASTPtr & node, Expected & expected)
             return false;
     }
 
+    if (select)
+    {
+        /// Copy SETTINGS from the INSERT ... SELECT ... SETTINGS
+        InsertQuerySettingsPushDownVisitor::Data visitor_data{settings_ast};
+        InsertQuerySettingsPushDownVisitor(visitor_data).visit(select);
+    }
+
+
     if (format)
     {
         Pos last_token = pos;
diff --git a/src/Parsers/ya.make b/src/Parsers/ya.make
index 42c5719f60d..3305da3a4d0 100644
--- a/src/Parsers/ya.make
+++ b/src/Parsers/ya.make
@@ -67,6 +67,7 @@ SRCS(
     ExpressionListParsers.cpp
     IAST.cpp
     IParserBase.cpp
+    InsertQuerySettingsPushDownVisitor.cpp
     Lexer.cpp
     MySQL/ASTAlterCommand.cpp
     MySQL/ASTAlterQuery.cpp
diff --git a/tests/queries/0_stateless/01593_insert_settings.reference b/tests/queries/0_stateless/01593_insert_settings.reference
new file mode 100644
index 00000000000..e69de29bb2d
diff --git a/tests/queries/0_stateless/01593_insert_settings.sql b/tests/queries/0_stateless/01593_insert_settings.sql
new file mode 100644
index 00000000000..626607a4295
--- /dev/null
+++ b/tests/queries/0_stateless/01593_insert_settings.sql
@@ -0,0 +1,8 @@
+drop table if exists data_01593;
+create table data_01593 (key Int) engine=MergeTree() order by key partition by key;
+
+insert into data_01593 select * from numbers_mt(10);
+-- TOO_MANY_PARTS error
+insert into data_01593 select * from numbers_mt(10) settings max_partitions_per_insert_block=1; -- { serverError 252 }
+-- settings for INSERT is prefered
+insert into data_01593 select * from numbers_mt(10) settings max_partitions_per_insert_block=1 settings max_partitions_per_insert_block=100;