What is the Difference Between a Binding and Non-Binding Moving Estimate?

When getting ready to move, knowing exactly how much moving services will cost is an important part of the process. You don’t want to be caught off-guard by higher-than-expected charges during a time of life that is already stressful. With that in mind, you should know the difference between a binding and non-binding moving estimate, which will be cleared up below.

Looking for reliable Greensboro movers that will never surprise you with unexpected charges? Steele & Vaughn is the answer. Reach out today to schedule your move or ask any questions you may have about the process.

What is a Binding Estimate?

As the name suggests, a binding estimate is a firm quote for moving services. Once the estimate is provided by the moving company, and is accepted by you, that quote will be solid and it won’t change (unless something about the services you request changes). The obvious advantage of a binding estimate is that you know exactly what you are going to pay. Plenty of people have heard horror stories about moving companies that changed their prices or billed more than expected at the last minute, so getting a binding estimate offers peace of mind that you aren’t going to encounter that situation.

What is a Non-Binding Estimate?

You can probably assume by now that a non-binding estimate is a quote that isn’t guaranteed. It’s best to think of this kind of estimate as just that an estimate. The moving company should be offering a quote that is given in good faith, but it isn’t necessarily going to be the exact price that is charged for services when all is said and done. Of course, this means there is some unpredictability in the process, but it also allows for flexibility. You’ll get an idea of what you are going to have to pay, but you will still be able to adjust things up or down as needed in order to get exactly the services that you require.

Which Option is Best?

Many people will prefer to get a binding estimate for their moving services, and that certainly makes sense. After all, there is peace of mind that comes with knowing how much you’ll pay and not having to worry about surprise expenses. However, if you trust the moving company that you are working with, and want to maintain some flexibility to account for changes that might come into play during the move, a non-binding estimate could work just fine for your needs.

A Trusted Partner

Steele & Vaughn is a proven provider in both local moves and long distance moving. If you need personal storage units during this process, those will also be available. Take a moment now to talk to the Steele & Vaughn team about your upcoming move and work out all of the details so you can rest easy at night.