| By :
Wendy Moyer
If you are planning to relocate and you have a lot to move then you will probably want to hire a professional moving company to make your move as smooth, efficient, and stress free as possible. However, you will have to make numerous decisions prior to your move. One of the choices you'll have to make is whether you should agree to a non-binding estimate or a binding estimate. Let's take a look at how estimates are determined so you will know which choice will be the best for you. The cost of an estimate is usually determined by the distance your belongings have to travel and how much they weigh. The weight is ultimately determined when the movers weigh your shipment on a certified scale and deduct the weight of the truck from it. The net weight can raise or lower the cost of your original estimate. If you have a binding estimate the net weight will not matter. If you have a non-binding estimate the price you pay may increase. If you want to know exactly what your move will cost and you can explicitly define each and every thing that is going to be moved then you should definitely consider signing a binding estimate. Keep in mind, though, that a binding estimate may end up costing more than a non-binding estimate. That's because your mover will often add in some additional revenue that will protect his company from any variances in the original estimate. Because of the extra cost, many movers provide a non-binding estimate. In a non-binding estimate the actual charges will be determined by the certified weight. However, even if the initial weight was grossly underestimated, the mover can't require you to pay any more that the amount of the original estimate plus a maximum of ten percent. Let's say that your non-binding estimate for your move is $3,000 and you didn't request any additional services. If the weight of your shipment is more than the estimated weight, when your shipment is delivered the most the mover can require you to pay would be $3,300. And the moving company is required to submit an invoice to you for the additional charges. If you have a non-binding agreement and the actual weight is more than the estimated weight, you will often have thirty days after your possessions are delivered to pay the company for the additional charges. However some movers require that you pay for the total cost of the delivery in full at the time of delivery. Therefore you should find out when the mover expects to be paid before you sign the paperwork.
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