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Types of Moving Estimates Explained

Moving is often a milestone, a momentous event marking an important transition in life. You usually want to approach this milestone with careful planning and a clear understanding of what to expect.

A crucial part of that is deciding on a moving company and gaining an idea of what the move will cost. Understanding the various types of estimates you might receive and knowing what options are available will prevent you from walking blindly into what could become an expensive adventure.

Non-Binding Estimates

Relocating is undeniably made easier by careful planning. Estimates are an important part of that preparation. You do not want to be locked into a deal until comparing movers and ensuring they receive the best price for the job.

Fortunately, many companies, such as Gainesville Movers, provide individuals with a non-binding estimate. Simply put, the amount quoted is a rough estimate as to how much everything will cost.

These estimates give you a general idea as to how much to budget for the move. However, one should plan to spend more than quoted in the non-binding estimate to cover all bases.

Binding Estimates

Binding estimates, unlike non-binding, provide one with a set cost for the move. At this point, most people have done their research, determined a moving company and are ready to go on to the next step of actually relocating.

The upside of binding estimates is that, even if the costs exceed expectations, you still pay the amount they agreed to with the company. The downside is if the move costs less than stated, you are still expected to pay the agreed upon price.

Nevertheless, having a clearer idea of the costs involved makes the entire experience somewhat more pleasant.

Binding Not-To-Exceed

In some cases, people are limited in how much they can budget for the cost of movers. The assurance the price will not exceed the estimate is comforting in such situations.

A binding not-to-exceed estimate is ideal in this case for the simple reason people do not have to worry about paying more than expected. Unlike an agreed upon price, if the cost of the move is less than estimated, the individual pays the actual price, putting him or her ahead in the game of relocating and starting a new life.

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