According to the IIHS, "More states are allowing a relatively new breed of vehicle on public roads, but crash tests by the Insurance Institute for Highway Safety show why the mix of low-speed vehicles (LSVs) or minitrucks and regular traffic is a deadly combination. LSVs are designed for tooling around residential neighborhoods, and minitrucks are for hauling cargo off-road. While these vehicles have a lot of appeal as a way to reduce emissions and cut fuel use, they don't have to meet the basic safety standards that cars and pickups do, and they aren't designed to protect their occupants in crashes."
The IIHS recommends using safety tested but smaller vehicles such as the smart fortwo instead of a LSV. And on the insurance side, a smaller safety tested car instead of a LSV will be more insurance friendly.