There are three moving terms you should learn about if you want to learn more about different types of moving estimates. Unless you are a moving professional with years of expertise in the business, you should keep reading. Namely, these terms include:
- Non-binding estimates
- Binding estimates
- Binding not-to-exceed estimate.
Since you are most likely very new in this field, you probably do not notice much difference between the three. However, the difference definitely is not insignificant. Therefore, understanding the details of different moving estimates is very important when you are preparing for your move. Most importantly, you should never agree to a moving quote blindly. Also, make sure you never sign a contract without checking the type of estimate in detail. Specifically, you should focus on both the positive and negative sides of it.
Moreover, it is very normal to feel overwhelmed during a moving preparation. Because of this, many people tend to overlook and blindly trust in the estimate they get. Since this will do you no good, you should learn more about how to easily decipher a moving estimate. Luckily for you, in the following text, you will find explanations for all three types of estimates in detail. Again, these include non-binding, binding and binding not-to-exceed estimate types. Therefore, keep reading to learn more! In doing so, you will be able to make better decisions when you sign your moving contract. Also, you will gain much valuable information you will find useful in the future as well.
What does a non-binding estimate entail and why you should be careful
Namely, a non-binding estimate is a quote which movers base on the weight of your belongings. However, since the estimate has no binds (and is non-binding), you can easily change it at any point. This is because the actual weight of your moving belongings tends to be quite different than the one you initially predicted. Because of this, you should look into and hire professional movers. Since they have a lot of experience with moving, they will be able to make a more reliable prediction. Аlso, they know all about different types of moving estimates!
However, it is important to keep in mind that this kind of estimates has some negative aspects to it. For example, you can end up paying a lot more than you initially thought you would. Namely, if a moving company gives you this type of estimate, they generally like to lower the initial price. In doing so, they try to lure customers in. Afterward, the final bill ends up being significantly higher. Because of this, you will have to pay the original estimate and an additional 10 percent. If you want to avoid this from becoming your reality, check out moving services NJ. A relocation expert will be able to help you know exactly how much the weight of your items. Therefore, you will be able to feel safer about your decision.
Ultimately, make sure you do proper research on your potential non-binding estimate and other types of moving estimates. Since there are many scam artists around, you should be wary. If an offer seems too good to be true, you best avoid it completely.
Everything you need to know about getting a binding estimate
One advantage of getting a binding estimate is that your mover will guarantee a fixed cost. Similarly to the previous type of estimate, a binding one will be based on the approximate weight of your belongings. Therefore, if you agree to a binding estimate, you will only have to pay the exact amount you previously set with your movers. Because of this, you will not have to worry about the movers changing the original quote and adding new costs. However, this also means you will not be able to negotiate a lower price after you relocate. Even if your belongings end up weighing a lot less than you initially thought they would, you will have to pay the original price.
Advantages of opting for a binding estimate for your relocation
While it still is not the best option you can opt for, a binding estimate does have many advantages. For example, your movers will never be able to over-charge you at the last possible minute. Therefore, you will be able to avoid going through a stressful situation during your relocation. A really good way to avoid getting an unfair charge is to check many different movers types of moving estimates in advance. In doing so, you will be able to find the one that best suits your needs.
Another great advantage is that you will not have to pay more no matter what happens. Therefore, if your belongings exceed the weight you estimated, you won’t have to pay a higher price. If you are relocating your business, check out office movers NJ. They will be able to help you find the best option for your relocation day.
However, keep in mind that you won’t be able to sneak additional belongings onto the moving truck when you start loading it. Namely, if you want to add new items to your belongings, you will have to inform your movers. Afterward, there will be three possible outcomes:
- Your movers will stick to the original binding estimate
- You will have to negotiate a new binding estimate
- Your movers will convert the binding estimate into a non-binding one.
What is a binding not-to-exceed estimate and what does it entail
In general, this type of moving estimate tends to be the most popular among interstate and long-distance moves. Also, it is one of the easiest to understand an is a great choice for eco-friendly relocation. Namely, all it means is that even if your belongings exceed the initial weight, you still won’t have to pay extra. Instead of getting additional costs, you will only have to pay the original quote.
However, if your shipment ends up weighing less, you will only have to pay the cost of its actual weight. Therefore, if you choose to go with this type of estimate, you could end up paying less than you initially thought!