Icon A5 Insurance Cost Examples
Owner Pilot and Experienced
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $400,000 Agreed Value | $8,000 |
| Aircraft Liability | $1,000,000/ $100,000 Pax | $2,000 |
| Total Annual Premium | $10,000 |
Owner Pilot Experienced but working on Seaplane
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $400,000 Agreed Value | $11,000 |
| Aircraft Liability | $1,000,000/ $100,000 Pax | $2,000 |
| Total Annual Premium | $13,000 |
Owner Pilot PRIV less than 300TT and working on Seaplane
| Coverage | Limits | Premium |
|---|---|---|
| Physical Damage | $400,000 Agreed Value | $14,000 |
| Aircraft Liability | $1,000,000/ $100,000 Pax | $2,000 |
| Total Annual Premium | $16,000 |
Aircraft Summary
The Icon A5 is a high-wing light sport amphibious monoplane with a carbon fiber airframe and retractable undercarriage. Powered by a single 100 hp (75 kW) Rotax 912 iS fuel-injected engine with a three-bladed composite propeller. Icon Aircraft claims that the aircraft competes with power sports vehicles such as ATVs, motorcycles, watercraft, and snowmobiles, rather than other airplanes.
The two-seater aircraft features foldable wings, retracted landing gear, and Garmin G3X Touch with Autopilot for easy sport flying. The Icon A5 can reach a Max speed of 109 mph and a range of 427 nautical miles.
Models We Cover
Valuation
The price of an ICON A5 is presently $339,000 but the price will differ depending on maintenance record. The ICON A5 light sport aircraft production started in 2016 and the aircraft is still in production today.
Over 100 ICON A5s have been produced and about 1500 aircraft had been back-ordered.
Risk Areas
Claim History
ICON A5 has a fairly good claim history. The Icon A5 has been involved in several accidents: about 2 fatal accidents and other non-fatal accidents. However, all recorded accidents have been a result of pilot errors.
Although the ICON A5 can be flown by inexperienced pilots, this has not been a cause of accidents. In fact, all the accidents involving this aircraft have been by high-time experienced pilots rather than low-time sports pilots. No accident has been caused by mechanical problems.
Safety Features
ICON A5 amphibious aircraft have ICON Parachute System (IPS). The parachute can be used in emergencies, even at very low altitudes. The plane also has an Angle of Attack (AoA) indicator for stall awareness.
The A5 is the first light sport aircraft with a spin-resistant airframe that keeps it under control always. Spin resistance helps to prevent spin if there’s a stall.
ICON launched a risk assessment app to help ICON A5 pilots in pre-flight planning. The app provides additional safety for pilots flying the A5.
The aircraft is equipped with the state-of-the-art Garmin that has an optional 2-axis autopilot to enhance situational awareness. It also features the Garmin G3X Touch with Autopilot that has a return-to-level (LVL) mode.
There’s a Garmin GMC 507 control panel for the optional autopilot. It manages several advanced in-flight modes that greatly lower workload and enhance situational awareness throughout the flight phases.
See our complete list of approved flight schools and Part 141 flight schools for more information.