When preparing for a move, you will need to consider many things, including whether to choose a binding or non-binding estimate from a moving company. This decision can be difficult, so it is important to understand the difference between the two types of estimates.

What is a non-binding estimate? An estimate given by a moving company for the cost of a move without guaranteeing a price.

This type of estimate is more common for long-distance moves, as many factors can affect the final cost, such as the weight of your belongings, the cost of gas, and natural disasters. A non-binding estimate can change at any point, and the actual cost of the move will be determined by the actual services provided, not necessarily what the estimate says. When choosing a non-binding estimate, the moving company will give you a maximum price quote, but the cost may be subject to change depending on various situations. Keep in mind that a moving company can only charge 110% of the total price reflected on the estimate upon delivery. However, after 30 days, the moving company can bill you for additional services provided.

When choosing a non-binding moving estimate, it is important to find a trusted, reliable, and reputable moving company to work with. This is because if you end up working with an unreliable moving team, the non-binding estimate could turn into a nightmare. To avoid this, it is important to look for red flags and take proper precautionary steps to make sure you are choosing the best moving company to help you with your move. Here are some tips for finding and vetting a reputable moving company:

• Get recommendations: Ask friends and family members for recommendations for moving companies they have used in the past and had a positive experience with.

• Research online: Use online resources, such as the BBB, Yelp, Google, or Trustpilot, to research moving companies and read reviews from past customers.

• Get multiple quotes: Contact several moving companies to get written estimates. This will help you compare prices and services to choose the best options for your needs.

• Check licensing and insurance: Verify that the moving company is licensed and insured by checking their credentials in the FMCSA registered mover database.

What is a binding estimate? A written agreement between you and the moving company that guarantees the total cost of your move will be exactly as written in the estimate.

This could work out in your favor if the weight and/or cubic footage of your belongings ends up being more than expected, however, you will not be refunded for your belongings weighing less than expected or taking up less truck space than anticipated. There are no refunds with a binding estimate. The estimate will include the costs for the shipment of your belongings and the moving services required to get you moved to your new location, such as the weight of your things, the supplies needed, the cost of gas, and what you will pay for the movers.

If you choose a binding estimate, it is important to create a moving budget and keep a moving checklist to help you save money and ensure that all of your belongings are accounted for. With a binding estimate, you must be sure all of your belongings are written down on a transfer list, which is seen by the moving company. They have the right to refuse extra items, so you want to be aware of this ahead of time.

Choosing a binding estimate provides the benefit of a guaranteed transportation price, but may result in a higher cost. It is important to thoroughly research the type of estimate offered and the moving company before agreeing to a moving quote or signing a contract. The Federal Motor Carrier Safety Association (FMCSA) has rules that must be observed by your moving company when preparing and implementing a binding estimate, such as accurately describing the shipment and all the services the company will provide.