I'm actually in a middle of major analysis for a series of magazine articles. Don't want to steal too much of my own thunder, but.....
As Cap'n Thorpe points out, the basis for the accident rate computation...as in accidents per flight hour or the fleet rate alone, is key. The estimates provided by the FAA are very coarse....They estimate the annual flight hours for GA aircraft based on the number of seats, with a separate estimate for experimental aircraft. So, according to the FAA estimate, all the Aero Commander Larks out there fly the same number of hours per year as the Piper Malibus.
Using that method, EAB aircraft have an accident rate per 100,000 flight hours about 2-3 times higher than overall GA.
But there is a problem with that. The majority of the hours in the overall GA hour estimate are business or commercial...while the overwhelming majority of the hours for homebuilts is recreation. That's not a fair comparison for a number of reasons. Here's an example...according to the FAA estimate, if an RV builder owns a Cessna 172 during construction of his airplane, he'll fly that RV only half as much, once it's done.
So I tend to go on the basis of the "Fleet Accident Rate": The average number of aircraft of a given type that has an accident in a given year. I just recently posted this image of the Fleet Rate for a variety of production-type airplanes.
Where do homebuilts fall in this? Well, that's the analysis I'm currently working on. But I ran it about four years ago:
Overall: Homebuilts have a fleet rate about 0.73%...roughly about 15% higher than the GA rate. Neither of these numbers reflect the FAA's prediction of the number of ACTIVE airplanes, nor the fact that, due to registration anomalies, the homebuilt fleet is actually 16% larger than the official figure.
I'm about to run the Fleet Rate for a selection of homebuilt designs. The last time I did this was in 2013, so let me run that data up.
The Overall Homebuilt Fleet Rate then was 0.75%. Individual types:
RV-6: 0.68%
RV-8: 0.39%
Glasair: 0.85%
Glastar: 0.81%
Zenair CH-701: 0.91%
Lancair IV: 1.33%
Searey: 1.24%
Kitfox: 1.06%
RANS S-7: 0.60%
Sonex: 0.49% (all models)
Velocity: 1.21%
This is rather old data, but like I said, I'll be updating it soon.
As I've mentioned before, I don't see the Lancair IV accident rate being critically bad. It's a high-performance aircraft with the same performance envelope as a Curtiss P-40. Performing a no-damage forced landing in the event of an engine failure is problematic.
Ron Wanttaja