November 2, 2009 | Stronger32
What’s the right replacement for an old projection large screen TV? Is it screen size? Resolution? Is anyone aware of a precedent or published opinion on this?
What’s the right replacement for an old projection large screen TV? Is it screen size? Resolution? Is anyone aware of a precedent or published opinion on this?
Comments
TV's are usually an adjustment issue and I think common sense needs to prevail here. I had a projection screen tv 50" screen and at the time paid a lot of money for it. It was new technology. Flat screens are new technology and with the new technology comes price reductions over time. Similar to calculators back in the early 1970's. I do believe screen size plays a major role. If an insured had a 50" screen projection, I will replace it with a 50" flat screen. This is no different than having a 18 cu ft refrigerator in your garage that you use for storing beer and is 20 years old and probably was bought for $200. A replacement today will exceed $500.
I would match screen size every time. This category is tough for lots of people. Brand for brand matching also seems to be an area of interest to customers who do not feel LKQ items are acceptable, even when their initial brand no longer makes the product and another manufacturer makes one with the same screen size & features as the original item.
I would first look at the brand and then match screen size. Brand plays a big roll to some people when it comes to their electronics. As far as replacing a projection TV with a flat screen it's all about educating the insured on current market trends and what is currently being manufactured and currently available on the market for replacement even if it's the same TV however manufactured by another manufacture
Bewall is 100% right. recently I had a loss involving a 50" projection TV and there was a suggestion by the customer that she deserved the newest technology, OLED (Organic Light-Emitting Diode) Just because the customer had the then-latest technology doesn't mean it's a match to what's new today. BTW I learned OLED isn't ready for commercial prime time yet.
Screen size is an easy way to go about it, but I like to think about it in terms of technology. If I bought a computer 2 years ago for $1500, I would be better off if you gave me the same amount to replace the item today. I can find the cheapest replacement computer and still have higher components than the one I lost. TVs can be treated the same.
Projection and LED are 2 different technologies. They both do the same thing, but they do it differently. I think you need to look deeper into the technology that the insured had and think about what would be the accurate way to put them back the way they were prior to the loss.
Ask questions such as: "Does this technology still exist today?" "What is the next evquivelent technology to a projection screen?" "Is that technology available for purchse?"
Right on Lbizzarri! I think the brand and the size play a large role in the replacemnt.