Understanding the Zonolite Attic Insulation Trust Settlement

The Zonolite Attic Insulation Trust is a significant settlement that has been established to provide partial reimbursement to eligible claimants who have incurred expenses to remove or contain Zonolite brand vermiculite insulation in their attics. This article aims to provide a comprehensive overview of the settlement, including the settlement amount, important dates, class members, potential awards, and the required proof to claim the reward.

What's the Deal with the Settlement Amount?

The Zonolite Attic Insulation Trust operates for a minimum of 20 years and aims to educate the public about the potential health effects of asbestos-containing vermiculite. The Trust may reimburse up to a certain percentage of the abatement costs, with a maximum reimbursement amount. Claimants are encouraged to submit all allowable expenses, even if they exceed the maximum claim value.

What are the Key Dates to Remember?

The Trust operates for a minimum of 20 years, and claimants should file their claims as soon as possible. The claims are reviewed in the order they are received. The Trust may send a home inspector to verify the status of the abatement if necessary.

Who are the Class Members?

The class members in this case are homeowners or renters who have incurred expenses to remove or contain Zonolite brand vermiculite insulation in their attics. Commercial buildings are also eligible for reimbursement.

What Can Class Members Claim?

Class members may be eligible for partial reimbursement of their abatement costs, up to a maximum reimbursement amount. The Trust does not provide benefits for personal injury claims.

Is Proof Required to Claim the Reward?

Yes, claimants must provide evidence that the vermiculite insulation in their attics is the Zonolite brand and documentation of the expenses incurred for removal or containment. Proof of payment, such as canceled checks or credit card statements, is required.

Why is There a Class Action Settlement?

The Zonolite Attic Insulation Trust was established to provide partial reimbursement to eligible claimants who have incurred expenses to remove or contain Zonolite brand vermiculite insulation in their attics. The Trust aims to educate the public about the potential health effects of asbestos-containing vermiculite.