Understanding estimate types protects you from unexpected costs and helps you choose the right moving company for your budget.
Binding Estimates Explained
A binding estimate guarantees your final cost won’t exceed the quoted amount, even if your shipment weighs more than expected. This provides cost certainty but requires accurate inventory assessment.
Non-Binding Estimates Explained
Non-binding estimates provide approximate costs based on estimated weight and services. Your final bill adjusts based on actual weight and services used. Costs can increase if you have more items than estimated.
Binding Not-to-Exceed Estimates
This hybrid approach caps your maximum cost while allowing for lower charges if your shipment weighs less than estimated. You pay the lower amount but never more than the binding maximum.
Which Estimate Type to Choose
Choose binding estimates when you need cost certainty and have accurate inventory. Choose non-binding when your inventory might change or you want potential savings if you move fewer items.
Getting Accurate Estimates
All estimate types require honest, complete inventory disclosure. Hiding items or underestimating quantities can void binding agreements and result in unexpected charges.
Red Flags to Avoid
Avoid companies requiring large deposits for binding estimates or those unwilling to provide written estimates. Legitimate movers don’t demand payment until after service completion.
Reading the Fine Print
Understand what services are included in your estimate. Additional services like packing, storage, or specialty item handling typically cost extra regardless of estimate type.
Choose reputable companies that explain estimate types clearly and provide detailed written agreements.
