If you own a vehicle that is only used for recreational activities, also known as a “pleasure use vehicle“, it may qualify for pleasure use insurance. Pleasure use insurance, which should not be mistaken for pleasure craft insurance, is designed specifically for vehicles that are not as likely to be on the roads during the most dangerous times. Pleasure craft insurance, on the other hand, is specifically for ATVs, PWCs, and even boats, but does not apply to most ordinary highway ready automobiles.
You see, a vehicle, such as a truck that is used only to tow a boat to the landing, is considered a much lower road risk than the same truck that is driven back and forth to work each day. For one thing, it’s not as likely to be caught in gridlock traffic during the two daily rush-hour periods. Likewise, a car that is only used for weekend road trips is avoiding a majority of the most dangerous times to be on the roads. Pleasure use insurance passes on the savings of the vehicle being a lower risk to you. A pleasure use vehicle is not on the roadways as often as regular vehicles, which greatly reduces the chances of damaging incidents to occur. Be sure to check with your insurance agent to see if you have a vehicle that could be covered under pleasure use insurance.
Pleasure use insurance can also be used to cover classic or antique vehicles. Since these vehicles are often only driven to car shows, or to show off, they aren’t insured the same way as the family car. It is important to note, however, that just because a 1964 Mustang is a classic vehicle, it doesn’t necessarily qualify for pleasure use insurance. To do that, the vehicle must be certain criteria.
Some of the pleasure use insurance factors are:
- Low Annual Mileage. Usually, less than 5000 miles/year.
- Normal Driving. It can’t be used for daily commutes to work or school.
- Business Use. It can’t be used for business purposes.
- Parking. The vehicle should be parked in a locked, enclosed shelter normally.
So you see, if it’s an antique car that you love to drive to work, it probably isn’t applicable for pleasure use insurance. But if it is an antique vehicle that you only take out of the garage to go to car shows, it probably is eligible. In order to be classified as a pleasure vehicle, it must actually be used only for occasional activities, and never for routine driving around town.