Last updated January 6, 2009
Most Movers Offer Two Types Of
Estimates: Non-Binding And Binding
Movers can offer two types of estimates, the binding estimate and the non-binding estimate. The binding estimate has to include everything that needs to be packed and moved. The estimate will be the total price for everything. For a binding estimate, you need to show the mover everything. Items in the basement, attic, closets and garage need to be included on the estimate. If you add items after the binding estimate, the price will go up. It is very important that you disclose everything to the mover during the physical inspection, so you receive an estimate that will not change once the packing starts.
The non-binding estimate can change as the work moves along. This type of estimate is usually done with a weight rate or a hourly rate estimate. The weight rate is an estimate and can change after everything in packed and loaded on the truck. The hourly rate estimate may take a bit longer than originally expected. The non-binding estimate may go over the original estimate costing you more money when the final bill is submitted. It is a matter of preference, but the binding estimate can help you save money. You should receive estimates for both estimates to compare.
Comparing the non-binding estimate and binding estimate is the only way to tell if you are going to save money or spend more. You can judge how long you think it would cost to pack all your property and load it on a truck as well as unloading it upon delivery. If the non-binding estimate seems reasonable, keep in mind that added work might be added on in the end. Look at the binding estimate, if it compares closely enough to the non-binding estimate, it may be the better deal. You need to consider everything and ask question about both estimates before deciding.
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