Moving Quotes: Understanding The Estimates You Get From Moving Companies

Many people tend to shrug off the value of digging deep and combing through the moving quotes sent to them by potential moving companies. Most just look at the total price and typically choose the company that offers the lowest value, that is the best deal after all, right? Not necessarily. There are some companies that try to hide fees from the quotes by masking them under technical jargon that most people outside of the industry will not understand.

Here’s some much needed moving help for people who want to avoid getting stiffed all because they couldn’t understand the prices and fees on the quotation:

Non-Binding Estimates

When a moving company sends in a quotation that is non-binding, it typically means the estimate amount is not set in stone. The total moving fee can either be lower or higher than the initial quotation and will most likely be taken from the actual total weight of the entire shipment.

This type of quotation should be avoided because customers end up paying way out of their moving out a budget because the estimate was way below than the actual price. Movers who use this type of quotation try to lure in potential customers with very low fees and estimates only to bill them with a more expensive price. Since the estimate is called "non-binding" it is perfectly legal, as the customer, it is your job to weed out these types of moving quotes.

Binding Estimate

The complete opposite of the non-binding estimate is, of course, the binding estimate. This is a type of quotation that guarantees the customer only pays the amount that set based solely on an approximate weight. A customer who signs a binding estimate will pay the exact amount stated on the contract, no more no less.

Although safer than the non-binding estimate, this also means that the customer might end up overpaying for the move if the approximate weight is larger than the actual weight. The best way to ensure that the binding estimate prices given are fair is to compare the quotes from different movers, this way you know the benchmark cost of your belongings.

Guaranteed No-To-Exceed Estimate

This is the best and most popular option when it comes to quotations from movers, especially for customers moving long distances or across state lines because of its guarantee. As the name suggests, this type of estimate gives a maximum price based on the approximate weight of all the belongings being shipped and the final amount will never exceed the quotation given.

Even when the shipment exceeds beyond the estimate provided, the movers cannot charge an extra fee because it is in their contract. If the final shipment weighs less than the original quote, the customer pays less than what was originally stated. It is a win-win situation for customers.

Look At Different Quotes

In need for some friendly moving help? Don’t settle for the company with the lowest quotation because you might end up paying more than you’ve budgeted because of the type of estimate provided. Keep looking for different options and compared each estimate to see which ones are the best value. Go for the third option if available because that way you stand a chance of saving money, but never losing any more than the quoted price.

Trust the professional movers to do the job for you. Contact us today at

Altitude Movers Denver

1615 California St

Denver, CO 80202

720-298-5909

Https://altitudemoversdenver.com

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