I live in Atlanta, GA. I am the original owner of a house built in 2003, with Atlas Chalet 3-tab shingles on my roof. In 2009, I contacted Atlas seeking a roof replacement because of defective shingles and got my request denied. Fast forward to 2014 and found out through a roofer replacing my neighbor’s roof that Atlas is involved in a class action lawsuit for the Atlas Chalet shingles.
I recently contacted Atlas about the claim that I had originally made in 2009 requesting a roof replacement. Atlas responded that they approve a “warranty settlement” and wanted information on the number of squares of shingles present on my roof. They also indicated that “the warranty provides for a pro-rated material (shingles only) settlement.” Their “settlement amount would be based on the proration of the current cost of comparable replacement shingles ($89.00 per square) for the number of squares of Chalet shingles on the roof.” I have 35 squares on the roof.
My question is, should I respond by letting Atlas know that $89 per square would not be sufficient to cover a full roof replacement, including full cost of labor for removal and replacement? (The roof replacement cost estimates I received from highly-rated consumer roofing companies range from $7K-$10K. )
Or, should I decline Atlas’ offer outright and wait until the class action suit is over and see if I get compensated?