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Binding estimate

"A written quote from a moving company that legally caps the final bill at the estimated amount, regardless of actual weight or hours."

Why it matters

A binding estimate is the only quote type that cannot grow on moving day. The mover absorbs the risk of an underestimate. Most reputable carriers offer binding estimates after an in-home or video survey. The price is typically 10 to 20 percent higher than a non-binding equivalent because the mover prices in the risk.

Watch the language carefully. 'Binding not-to-exceed' means the cap is firm but the mover can charge less if the actual cost is lower. 'Binding' (without not-to-exceed) caps the price at exactly the estimate, even if your stuff weighs less.

Best practices

Always insist on a binding (or binding-not-to-exceed) estimate for a long-distance move. Refuse non-binding estimates from any carrier you have not used before. Get the binding estimate in writing and signed before moving day. The binding price must include all the line items the mover may charge.

Frequently asked

Can a mover add charges to a binding estimate at delivery?

Only for changes you authorize in writing during the move (extra packing, additional stops, longer carry distance). The base estimate cannot grow without your written sign-off. Refuse to sign any change order at delivery unless you are clear what you are agreeing to and why.