The benefits of a binding moving estimate

As you already know, moving is a complex task. You need to make sure that you have done all the research and picked the right choices for your situation. Firstly, you should decide whether you are moving on your own, or with the help of professionals. Unless you are moving from your college room to your first apartment, you probably have a lot of stuff. Especially if you are planning to relocate the whole family. Which means you will probably have to hire a moving company. So, it is important to educate yourself so you wouldn’t have to spend more money and nerves than necessary. Get to know the options. Find out if the binding moving estimate is the right choice for you, or maybe something else.

What are the options?

Let’s say that you have asked around friends and family and did your research for a reliable moving company online. After that, you should have at least three movers give you their estimates. Nevermind if it is a non-binding or a binding moving estimate.

Firstly, never accept estimates over the mail or phone. You should make sure that someone from the companies inspects your home either in-person or by a video call. The most important thing for you to do is not hold anything you want to move back from them. Be sure to show them all of your belongings that you are taking with you. Don’t forget attic and basement. Of course, if you are already using some cheap storage units in Pittsburgh, remember to have the moving company inspect those, too. After that, they should be able to give you proper estimates. And you need to make sure to understand everything the papers are saying.

Signature on a binding moving estimate
Make sure you understand every part of the non-binding or binding moving estimate

Three types of moving estimates

You should do the research to find out as much as possible about moving quotes Pittsburgh if you want the best service. When moving companies give you their estimates, the prices may vary. That’s due to the scope of the services they can provide and the types of estimates. You should be able to make a difference between these three options:

  1. non-binding estimate,
  2. binding estimate,
  3. binding not-to-exceed estimate.

After you get familiar with all of them, you can decide whether the non-binding or some kind of binding moving estimate is the right choice for you.

Non-binding estimate

Basically, this is what the company thinks the final price of your move will be. It is the projected cost of the move, based on the inventory and services you discussed. Make sure to understand that this is not a contracted or guaranteed price, just the prediction of it. The main components of this estimate are the weight of the stuff and number of packing materials. They estimate the weight with the help of an inventory that you two created together. The actual weight and the number of packing materials will be determined after they load your belongings into the truck and they weight it.

A beam scale 500 kg
The non-binding estimate is based on the predictions of the weight of your belongings

If the actual weight and materials used are more than estimated, you will pay more. If the total is less than estimated, you will pay a smaller amount of money. Unlike the binding moving estimate, where there are no surprises and misunderstandings. In the end, your final bill can potentially be lower than estimated, so you will pay less than you anticipated. Unfortunately, that is rarely the case. Even though the mover’s reputation depends on it, mistakes can happen and you could end up paying more than you wanted and they predicted. However, as the Federal Motor Carrier Safety Administration states it, you will be obligated to pay the difference at the time of delivery if you want your stuff back. You can sometimes get the opportunity to pay the remaining charges after 30 days from delivery.

Binding moving estimate and its benefits

If you agree to a binding moving estimate, you will pay exactly what you were quoted. A great, reliable moving company, like Movin’ Murdy – Pittsburgh Movers and others, can guarantee a fixed cost estimate based on the approximate weight of your belongings. Of course, if it happens that your stuff weight less than it was estimated, you will still pay the arranged price. So, basically, you kind of pay for the guarantee that your bill won’t get any higher than you agreed to. That is also its biggest advantage.

If you have concerns about company over-charging you at the last minute, the binding moving estimate is the right choice for you. Of course, you already know that you should obtain at least three estimates, so you can compare prices. But it’s important, as we said it, to know the terminology and why one estimate is more or less expensive than the other. It may happen that your belongings end up weighing more than estimated in the inventory. The binding moving estimate is like a contract, so you don’t have to worry about paying more money and disrupting your budget. And that’s the reason why many people decide on it and choose to pay maybe even some buck more for the peace of mind.

A dollar bill in the cage
A binding moving estimate guarantees you the moving cost
What if something unpredicted happens?

Some changes can happen on the day of the move concerning the amount of the stuff that you have forgotten to have in your rental storage in Pittsburgh, for example. As your binding moving estimate is based on the inventory of the stuff that you have shown to movers, adding new items can make a difference. You should make a new deal with the moving company and decide whether to negotiate a new binding estimate or convert the binding moving estimate into a non-binding estimate.

Binding not-to-exceed estimate

This may be the best kind of binding moving estimate there is. You get the best of both worlds. Try to find the top moving company in PA which will offer you binding not-to-exceed estimate, and you will pay the agreed price even if the actual weight of stuff is higher than estimated. Just like a regular binding moving estimate. On the other hand, if it happens that the actual weight is less than estimated, you will pay less money. Like in the case of the non-binding estimate. So, the bottom line is – you can never pay more than you agreed to, but you can potentially pay less than estimated.

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