Binding vs. Non-Binding Moving Services Agreements ? Know the Difference
August 27, 2018
Choosing a moving company is a bit of a leap of faith. After all, unless you happen to personally know a mover, you’re putting most or all of your hard-earned earthly possessions in the hands of a perfect stranger. That’s why having a solid contract in place – and knowing just what that contract entails – is critical.
Most offer two types of agreements – binding or nonbinding. Here are the primary differences between the two:
- Nonbinding: A nonbinding moving services agreement simply gives you a ballpark estimate as to how much your move will cost. It’s primarily based on the mover’s estimate of the size of your current home and its contents, and how far you’re moving. Once you have a written nonbinding estimate in hand, law caps charges at 10 percent higher than the initial estimate.
- Binding: A binding estimate is a legal document that clearly and definitively describes the charges for your move. By law, the figures cannot be changed unless you request significant added services. For instance, if the movers are unaware that your new home is located on the third floor of a condominium building that lacks a freight elevator, forcing them to climb multiple flights of stairs.
Before signing on the dotted line, your best bet is to shop around. Experts recommend getting at least three estimates. Be sure to ask lots of questions and let your prospective provider know all the pertinent details of your move. One common mistake is in underestimating the mileage between homes that are a long distance apart, resulting in added fuel surcharges.
If you’re planning a move to or from the Washington, DC metro-area, make sure that McKendree Moving & Storage is on your list of prospective providers. We offer a full range of services and operate seven days a week. Call 800-530-2626 to schedule an estimate consultation today.