Definition
Moving estimate types include binding estimates (guaranteed price), non-binding estimates (approximation), and hourly billing (time and materials). Understanding types prevents bill shock.
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Binding estimates guarantee the final price based on inventory and conditions, providing cost certainty. Non-binding estimates are approximations that may change based on actual weight or distance. Hourly billing charges for time and materials without prior cost commitment. Understanding estimate types prevents bill shock and ensures cost control.
Pro Tip
Always obtain binding estimates for long-distance moves to prevent surprise charges.
Example
A binding estimate of $6,500 for a long-distance move guarantees that price regardless of weight changes.