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Understanding Binding vs. Non-Binding Estimates in Interstate Moving
Interstate moving estimates can make or break your moving budget. In this guide, we explain the differences between binding and non-binding quotes, how moving estimates work, and why lowball estimates can cost you more in the end. Learn how to avoid paying more than you should by understanding these key differences before your big move.
Moving Estimates Explained: Avoid Paying More Than You Should
When planning an interstate move, the estimate you receive is more than just a number—it’s a snapshot of how your moving costs will be calculated. Typically, estimates are based on the weight of your belongings, the distance of your move, and any additional services you request. These estimates help you compare prices, but knowing what they actually cover is crucial. A clear understanding of the underlying factors can prevent unexpected charges and ensure that you’re not overpaying for services. The goal is to help you make an informed decision so that your moving budget remains predictable and fair.
Binding vs. Non-Binding Quotes: What’s the Real Difference?
The main point of differentiation between binding and non-binding estimates lies in their promise. A binding quote guarantees that the price quoted is the final amount you will pay, regardless of any unexpected changes, provided the services and inventory remain consistent with what was originally agreed upon. In contrast, a non-binding estimate is more of an educated guess; the final bill could be higher if the weight, distance, or additional services differ from the initial assumptions. This distinction is key because it directly affects your financial planning and the level of certainty you have before the move begins.
“Lowball” Estimates: The Trick That Costs You More in the End
Beware of “lowball” estimates that seem too good to be true. Some moving companies might offer an unrealistically low quote to win your business, only to later adjust the price once the move is underway. These deceptive tactics often result in unexpected add-on fees or charges for additional services not covered in the initial estimate. Understanding the true nature of your moving quote can save you from financial surprises and ensure that you’re getting a fair deal without hidden costs.
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Long Distance Moving Disclaimer
A properly licensed interstate broker, such as US Interstate Moving, LLC, is not a motor carrier and will not transport an individual shipper's household goods, but will coordinate and arrange for the transportation of household goods by an FMCSA authorized motor carrier, whose charges will determine by its published tariff.
All estimated charges and final actual charges will be based upon the carrier's tariff which is available for inspection from the carrier upon reasonable request.