Moving Estimates – What to Look For

When it’s time to move, cost is a big concern. No consumer ever wants to feel like they’re the mark in someone else’s scam. Obtaining an accurate moving estimate is no different.

Moving estimates

The type of estimate you receive from your movers goes a long way in ensuring your peace of mind. You should feel confident with your mover and with the expected cost.
To help the process along, you need to provide any estimator with an accurate accounting of all your possessions. Make sure the estimator knows about every item you plan to move—especially any large, heavy stuff you’ve accumulated.
Also, let your estimator know if you have extra stuff in your attic, garage, or shed. The more information you provide, the more accurate your estimate will be.

How are moves estimated?

Here’s how the two most common types of moves are estimated:

1. For a local move, you’ll likely pay per-hour charges. Variables include how many movers will be required on the crew and the number/size of vehicles your move will require.
2. For a long-distance move, your final cost will depend heavily on the weight of your possessions. An estimator will also factor in the total distance for your move.

When talking to movers who want your business, ask what type of estimates they provide.
These are the three most common estimate types:

Non-binding moving estimate

These estimates aren’t as common, and they don’t hold your mover to the estimated cost. Your final cost may be above or below the estimate.
Be wary of shady movers who entice you with a low non-binding estimate. They can then ratchet the price up when the move is done. If something sounds too good to be true, it probably is.
If your final cost is higher than the non-binding estimate on your moving day, your mover can’t require you to pay any more than cost plus 10% of the total cost.
If that amount doesn’t cover the total cost, any additional charges will need to be settled with the moving company in 30 days.

Binding moving estimate

This estimate holds your mover to the price you’re quoted. It provides you with cost certainty and allows you to budget around your moving costs.
However, if the actual cost of your move is lower than the estimate or your stuff weighs less than the estimate, you still pay the amount estimated.

Binding not to exceed moving estimate

This type of estimate is also known as “guaranteed price” or “price protection”: your price will only be adjusted if your total cost is lower when the move is done.
It’s the most consumer-friendly type of estimate.
If the move cost comes in over the estimate, you don’t pay any overages. If the move cost comes in less than the estimate, you will pay the exact cost.
This type of estimate is most popular for long-distance moves.