Definition
A binding estimate locks in moving costs regardless of final weight. More expensive than non-binding estimates but provides cost certainty. Prevents surprise bills from weight overages.
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Binding estimates lock in prices regardless of final actual weight. They're more expensive than non-binding estimates but provide cost certainty. Some carriers require full payment of binding estimate amounts even if belongings weigh less. Binding estimates are best for predictable moves.
Pro Tip
Binding estimates cost 5-10% more but prevent surprise bills. Worth the cost for peace of mind on expensive moves.
Example
A binding estimate of $5,500 guarantees the move costs no more than $5,500, even if actual weight exceeds estimates