A binding estimate is an agreement made in advance between the shipper and the carrier, outlining the charges for the moving services. A binding estimate guarantees the total cost of the move based upon the quantities and services shown on the binding estimate.
A non-binding estimate can be based on either weight or volume (cubic feet) and is a carrier’s reasonable estimate on what the cost will be based upon the estimated weight or volume and any extra services requested. A non-binding estimate is not binding on the carrier and a shipper may end up paying more than the amount in the non-binding estimate. The final charges will be based on the actual weight or volume of the shipment.
Written by David Piotrowski