Understanding Binding Estimates for Interstate Moving Services
Understanding Binding Estimates for Interstate Moving Services is a really important part of your relocation. The best part of the binding moving estimate is the right price you will pay for the move. So, when you are moving to South Florida, you will know exactly how much you will pay for moving services.
Many interstate movers Florida can provide you two types of moving estimates. Both of them, binding and non-binding estimates we will explain. We will guide you throw all the rules of the binding estimates.
What are Binding Estimates for Interstate Moving Services?
Binding estimates for Interstate moving services mean you will know the exact price you need to pay for the move. The price in the estimate is the right one, no matter if your shipment weighs more or less than the estimated amount.
The benefit of the binding estimate is the guarantee of the moving price. But, you may pay more for the guarantee in the moving estimate. The majority of binding estimates have a higher bottom line than non-binding estimates.
Also, keep in mind that in the binding estimates for Interstate moving services only the transportation part of the estimate is binding. Remember that is a big difference in price when you pack your items by yourself or you hire pros to pack your Miami home. If your binding estimate is based on self-pack, but you change your mind, then you will pay more for additional service after the move. So, when you change your mind after binding estimate, packing service will be added on the transportation cost on the final bill.
We can say that other name of the binding estimate is “Fixed Price” agreement. You now understand way. Because you agree to pay the fixed amount of the binding written estimate. In this agreement the right weight of your household goods is irrelevant. This is the fairest type of agreement if everyone is honest, you and your mover. The moving company can’t charge you more than it is written in the binding estimate and you can’t sneak a lot of items that are not included in the estimate. This is a fair agreement for both sides. In this way, you will get the best Florida moving services for a stress-free move.
Rules of a Binding Estimate
The rules of binding estimates for interstate moving services are made from the Federal Motor Carrier Safety Association (FMCSA). And all Miami movers are using these rules to prepare a binding estimate.
The binding estimates for Interstate moving services describe the shipment and all the services the company will provide. If you want additional services, the moving company will give you the bill for these charges. So, when the moving day comes, the moving company cannot charge you more than the amount of the binding estimate.
Understand the rules of a binding estimate
- A binding estimate must be written and you need to receive one copy before the move.
- Payment is due at time of delivery.
You can pay by cash, certified check, money order, or cashier’s check, at the time of delivery.
- If you can’t pay the bill after delivery, the moving company will probably store your goods until you pay the binding estimate. Also, you will need to pay storage fees.
- Your mover must retain a copy of the binding estimate and attach it to the bill of lading
- The moving company must clearly write that the estimate is binding on you and your mover. Also, in every binding estimate should be written that all charges are for services included in the estimate.
Remember, the mover can refuse service. When? Before loading your household goods, if the moving company thinks that you have additional belongings not included in the estimate. So, make sure that everything that you need to move is written in the estimate. You should be honest with moving company if you want a fair agreement. But, if you forget something to tell to your mover before the move so they know how to load your household goods.
When the moving company agrees to move your household goods, they must confirm the binding estimate. You will now pay additional costs if you don’t agree before with your mover for additional services and charges. But, try to avoid any “add-ons” if you can. In this way, your move will have a higher price. Or, it could happen that you lose a mover on moving day.
Binding Not-To-Exceed Estimate
The binding Not-To-Exceed estimate is the costumer’s favorite. In this estimate, you will pay the amount of the estimate, even if your actual weight is more than the original written estimate. But, if your weight is less than an estimate, you will pay less. So, the best part of Binding Not-To-Exceed Estimate is you can only pay less and not higher. Your price can only go lower so you will never pay a higher price for this type of agreement. It is a great option, right? Then, ask your moving company for this type of agreement and choose Binding Not-To-Exceed Estimate.
With non-binding estimate, you will pay for the actual weight, based on a set price per pound. With this type of agreement your final bill can be higher or lower, it depends on the actual weight of your household goods. When the bill is higher than the estimate, the mover can collect up to ten percent extra on top of the amount specified in the non-binding estimate on the delivery day. The law requires from the mover to make a full delivery of your goods.