Pick the Moving Quotes That Works Best for You
By MovingQuotes.com Staff
Confused about how moving quotes work? Here's a quick overview to clear up any
There are basically two different types of moving quotes that movers will give
you: non-binding and binding.
Which is better?
Neither. The best is a type of binding estimate called a not-to-exceed estimate,
which puts a 'ceiling' on your quote and holds the moving company most
accountable for it.
Because unknown variables affect the estimate, getting an accurate and optimal
type of estimate from the start is the best way to ensure a good move. And
whichever way you go, make sure your moving company gives you explicit details
on the estimate, and that you get it in writing.
1. Non-binding estimate
A non-binding estimate does not bind your mover to the estimated price. It is
provided as an estimated cost of your move, but it is not a contract or a
So if your final cost is more than the estimate, you'll have a harder time
objecting. In the end, what they predict to be the final cost may fall either
terribly above or below the actual cost -- you have no way of knowing.
2. Binding estimate
A binding estimate holds your mover to the estimate quoted. So if the amount
they give you is lower than the actual cost of moving and shipping your
belongings, you will still pay the amount estimated. On the flip side, if the
amount they predict is higher than the actual cost of moving, you don’t get to
pay the lower fee.
3. Not to Exceed
This is the best option. The mover is bound by the estimate -- even if the final
price comes out higher than the estimate. If the move comes in under the
estimated amount, you pay the lesser price. So the responsibility falls to the
moving company to come up with the most reasonable quote.
These types of estimates are popular for long distance moves, where moving costs
are mainly based on weight and distance.
For local movers, time is of the essence -- and it can be difficult to account
for factors such as bad traffic or bad weather. So some local movers don't give
“Not to exceed” estimates.
In the end, the final price may vary, no matter what type of quote you choose.
Even if a professional mover saw everything and estimated well, other factors
may arise. Ultimately, the more information you provide to your moving company,
the better and more accurate the results will be for you.