Get Binding & Non-Binding Moving Quotes From Top Movers In Rockville, MD

Aug 9, 2024

Need some advice on pricing estimates for your upcoming short-distance move? Movers.com explains the difference between three key moving estimates so that you know exactly what to expect.

Looking for a reputable moving company? Worried you might get ripped off? Well, the type of moving estimate you choose can make all the difference! Movers.com is here to help you understand the different moving estimates you may be offered, so you can pick the right one for you!

Find out more at https://www.movers.com/moving-guides/the-difference-between-binding-and-non-binding-moving-estimates.html

The guide explores the three quotes offered by moving companies when estimating the total cost of moving all your stuff:

  • Non-binding
  • Binding
  • Binding not-to-exceed


Binding Estimates

The guide begins by exploring the advantages and disadvantages of a binding estimate. This is a formal agreement that states the total cost of service will be exactly as written, regardless of whether your total inventory weighs more or less than predicted.

“The advantage of binding estimates is that your price is outlined well before the move and will not change,” explains Movers.com. “However, if you do end up with a shipment that is less than what the movers estimated, there won't be a discount coming off of your total moving bill at the end.”

Movers.com highlights the rules and regulations, set by the Federal Motor Carrier Safety Administration), when undertaking a binding estimate. For example, binding estimates must be provided in writing before the move, with any additional services billed separately.

Non-Binding Estimates

Unlike binding estimates which guarantee a fixed price, non-binding estimates are preliminary cost projections that can go up or down based on your final inventory weight on moving day. The guide explains how the flexibility of a non-bending estimate is ideal for those with a light inventory but can open you up to moving scams and unexpected price hikes, particularly if you haven't carried out careful research on the company beforehand.

Binding Not-To-Exceed

So which should you choose? Movers.com recommends binding not-to-exceed estimates as the best option, providing the benefit of both binding and non-binding quotes. This type of estimate ensures that the total cost will not exceed the estimated amount, but can be reduced based on the final total weight of the shipment. “This kind of estimate allows for more flexibility when trying to budget for your move and allows you to have a much clearer picture of how much your total moving bill will cost,” says the guide.

Need help finding a reputable company?

Movers.com provides a list of key questions to ask potential companies before proceeding with your move. Remember, it is definitely worth allowing moving companies to come and complete an in-home survey of your home inventory as this will ensure the most accurate estimate.

Moving to Rockville? Then head over to https://www.movers.com/moving-companies/md-maryland/rockville/cheap-movers.html to find the top moving companies near you.

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