Written by: Madeline Blake
Date:

Are you planning on moving? Do you know how a binding moving estimate works? If the answer is no, Verified Movers are here to help you out! It might seem a bit confusing, but it’s very important to understand crucial information regarding your move.

After you hire one of the tоp movers in Fort Worth, it is time to think about finances. Planning finances can be challenging, especially if you have a tight moving budget. If you have never moved and if you don’t get the payments, there are two different types of moving estimates:

  • A non-binding estimate
  • A binding estimate
A calculator and a bunch of money.
A binding moving estimate is one of the two moving estimate options.

How does a binding moving estimate work?

A binding moving estimate is a fixed estimate of costs. What does that exactly mean? It means that you can pay neither more nor less than what you agree on. For example, if Phoenix top movers estimate your move to be 2400 USD, you will need to pay exactly 2400 USD. No more, no less. The moving company can determine moving costs by calculating the weight of your furniture. Therefore, this moving estimate can be great if sudden changes happen, since you won’t need to pay additional fees. However, if estimated costs come out to be way less than what you agreed upon, you will still need to pay what you agreed on.

The rules for the moving

The moving company must explain the rules and how the process works. After you have agreed on the work, you will need to sign a contract. They will then send you the contract in written form. Check a moving company If they do not send you the written contract. A moving company also has to send you a copy of the estimate with the bill of lading. Of course, with this papyrology also come the rules.

Both parties should follow the rules. The company will ask you for the list of stuff that requires transportation. This step is crucial. The company has to inform you regarding shipping updates and update you regarding additional services they might use. For example, they have to update you if something unexpected occurs, if your shipping is prolonged, etc. Also, it is illegal for the company to ask for you to pay any additional fees. therefore, you only have to pay the estimated amount. In some situations, the company can refuse to work with clients. For example, if you send them a list of items that consist of 20 boxes, and then you add 3 more boxes, the movers can refuse to work with you. However, most of the time both parties are respectful and follow the rules.

A man covered with boxes.
A binding estimate does not charge any additional expenses.

To sum it up, a binding moving estimate is a great moving option. It will help you get a clear idea of your moving costs. It will help you organize financially, which is not the only vantage. If you have a tight moving budget, this option is the best. We wish you a good move!