A quick guide to different kinds of moving estimates

Have you been checking out moving company websites lately? You’ve probably seen different kinds of moving estimates being offered to you? It can sometimes get pretty confusing, especially if you’re new to the whole scenario. In case you haven’t moved before with a moving company, and you’re kind of unprepared for all of this, we’ve made a quick guide to different kinds of moving estimates. You deserve to be informed before making any moves, right?¬†Get it? Enough of bad jokes. One’s already enough. Read the article below to find everything you need to know before hiring a moving provider of your choice.

Binding estimate

All moving estimates are mostly based on the weight of the belongings you’re planning to move. Whatever’s the case, you’ll have to know the approximate weight of your cargo. When signing a contract including a binding estimate, you agree to a fixed price. It can do you good if your cargo is above the approximation you’ve made. You’ll pay less than you should. On the other hand – you can pay more if your belongings weigh less than expected. You don’t want to do that, right?

A couple of movers inside their truck.
Choosing a moving company that offers you the best deal is your top priority. Read the contract thoroughly.

Non-binding estimate

When you’re offered this kind of estimate, the price (also based on the approximate weight of your cargo) is not set in stone. Most people don’t recommend settling for a company offering a non-binding estimate only because you can end up paying more than you bargained for. In other words: the price is not guaranteed. If the cargo turns out to be heavier than expected, you’re supposed to pay an extra 10% of the original price. Be on the lookout for rogue movers or scam artists when given an amazingly low estimate. To avoid dealing with their kind, we recommend checking out verifiedmovers.com, a website offering only trustworthy movers.

Binding Not-To-Exceed Estimate

Sometimes called guaranteed-not-to-exceed, this kind of estimation seems to be the most popular one across the USA. That is – with customers arranging long-distance or interstate moves. It’s a really neat combination of the estimates above. So, what is it that makes this arrangement so special? Here’s the thing: if your cargo weighs more than the approximation, you’re not obliged to pay anything over the original price. However, if it turns out your belongings weigh less than expected, you pay the price according to the actual weight. In other terms, you end up spending less money. It’s pretty clear why this is a favorite option among USA folks.

A man signing some papers. You should be informed about different kinds of moving estimates before signing a contract.
A contract that includes a not-to-exceed estimate is the most popular arrangement among USA folks looking for an interstate move.

That’s about it

There you have it, folks. This was a showcase of different kinds of moving estimates. You’ll be seeing them a lot while choosing a moving provider that suits your needs. Hopefully, this article will help along the way to your new home. Best of luck.

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