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Binding vs Non-binding Moving Estimate
A new binding estimate will be a guaranteed price for services provided. This includes the services involved in a move. This estimated amount forces the parties included in the binding not to exceed estimates cost. Binding and non binding have pros and cons when searching for a moving estimate.
Binding vs Non-binding Moving Estimate
A binding estimate means that the price quoted in an estimate is the amount you pay—even if there end up being unforeseen extra costs. A non-binding estimate means that the price you pay will probably end up being different than the estimated price movers tell you. So, which one should you choose? If you want to be sure of what you'll ultimately pay for your move, then a binding estimate is the way to go. However, keep in mind that binding estimates are typically more expensive than non-binding ones.
If you're on a tight budget, a non-binding estimate may be a better option. Just be aware that there's a chance you could end up paying more than expected.
Binding Estimate Fee
Therefore, it is important that you understand your obligations before signing a binding contract. If you have any questions about the binding estimate fee or any other aspect of the contract, be sure to ask the other party before signing. Once you sign a binding contract, you are legally obligated to fulfill your responsibilities.
What is a Binding Estimate Fee
This estimated amount forces the parties included in the binding not to exceed estimates cost. The binding estimate fee is the amount of money that you agree to pay the other party in order to make the contract binding. This fee is typically a small percentage of the total contract value, and is paid when you sign the contract. If you fail to meet your obligations under the contract, the other party can take you to court and sue for damages.
Binding Estimate Definition
A binding estimate means that you must pay the transportation price listed in the estimate, even if the final weight of your move is more or less than estimated. This can be helpful in ensuring that you have a set price for your move, but it's important to make sure that you have a realistic estimate before agreeing to a binding estimate.
Binding Move or Non Binding
If you're considering an interstate moving company decide if you want a binding move or non binding move before your search. Out of State Long Distance Moving can get you a free non binding estimate over the phone in minutes!
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Out of State Long Distance Moving, LLC, is not a motor carrier and will not transport an individual shipper's household goods, but will coordinate and arrange for the transportation of household goods by an FMCSA authorized motor carrier, whose charges will be determined by its published tariff. All estimated charges and final actual charges will be based upon the carrier's tariff which is available for inspection from the carrier upon reasonable request.
