Types of Moving Estimates
Many people booking a move don’t understand the key differences between each type of moving estimate. Even the best moving companies can be vague in their descriptions, and you have to turn to the fine print to fully grasp what to expect. In the Federal Motor Carrier Safety Administration’s (FMCSA) complaint database, a common theme of complaints relates to estimates and the final bill. Customer reviews across the web paint a clearer picture, with recurring mentions of moving costs exceeding the original estimate.
To help you avoid this frustrating scenario, we at the This Old House Reviews Team have broken down the different types of moving estimates. We’ve also included details on how and why those estimates can change during the moving process.
Types of Moving Estimates
Most interstate movers offer two basic types of estimates that must be attached to the bill of lading. This can be a non-binding moving estimate or a binding estimate. Below, we’ve highlighted the key differences between the two main types of estimates and included a section for the less common binding not-to-exceed estimate.
How Moving Estimates Can Change
As mentioned above, non-binding estimates are educated guesses about the details of your shipment. The actual cost can often be as much as double after the moving company loads your shipment onto the moving truck and determines the true weight.
Binding estimates are typically based on the weight and volume of your inventory and use a flat rate determined by the mover.
Our Conclusion
As a general rule of thumb, we recommend requesting a binding or not-to-exceed estimate when possible to help prevent a last-minute increase in your moving costs. You should consider asking for an in-home visual survey of your home and inventory for the most accurate estimate. This also allows you to walk through your home with the move coordinator, ensuring that no items are overlooked.
Make sure that the moving company includes a copy of your estimate and inventory sheet with the bill of lading. Look over the inventory sheet to identify any potential inaccuracies that need to be brought to the mover’s attention.
We recommend that you get quotes from at least three moving companies to compare rates and to review the exact language of each estimate.
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To share feedback or ask a question about this article, send a note to our Reviews Team at reviews@thisoldhousereviews.com.