Relocation is a process you need to plan out from the moment you learn about it. It must include many different aspects that play a role in how well the process goes. More importantly, you have to determine a moving budget that will help you understand your expenses. But how do you do that? These types of moving quotes explained will help you understand the foundation of your moving budget. So, before you decide to settle with the professional movers NJ services, make sure you know how much it is going to cost you. You want to avoid being surprised by some expenses that would be there from the start. For that reason, make sure you always calculate how much everything is going to cost you. This is the best way to avoid stressful situations while moving.
The basic types of moving quotes explained for an easier budget understanding
A moving estimate is a great way to know how much the basis of your relocation is going to cost. This is determined by the weight, complexity and quantity of the items you are moving. Once you contact a moving company before moving to New Jersey, for example, you will have the option to evaluate the cost of your relocation process. A moving company will send their agent to your home to give you an evaluation.
This evaluation will be the basis on which you will develop your moving budget. The main moving estimates you will encounter are:
- A non-binding estimate
- A binding estimate
- Binding not-to-exceed estimate
A non-binding moving estimate
When moving you want to have an exact amount in mind that you are going to spend on the process. A moving estimate helps you with that. However, this type of estimate will determine the cost of the move based on the weight of your items. More importantly, when a non-binding estimate is in question, you have to be aware that the price evaluated might not be final. Meaning that you might actually have to pay more than originally planned. Be wary as most fraudulent and scam moving companies will try to reel you in with this type of deal. They will offer you a low moving cost but the price will be higher when the move is done. If your items weigh more than estimated, you will have to pay an additional 10% on top of the original price. You should always strive to avoid this type of estimate.
A binding moving estimate
Unlike the moving non-binding estimate, this estimate does not allow movers to increase the price of the move. This means that once the movers evaluate your belongings they will have to abide by that price. This automatically reduces the chances of you being scammed. However, this also means that you will have to pay the same amount if your items are lighter than the original weight.
More importantly, this does not mean that you can add more weight to your belongings before moving. If that happens, a moving company, by the law, can either agree on the original price, negotiate it with you or move to a non-binding estimate type. For that reason, you should communicate with the moving company and determine the most exact price for the process.
Types of moving quotes explained: Binding not-to-exceed estimate
Now this estimate is one of the most popular ones when moving. A binding not-to-exceed estimate or guaranteed not-to-exceed is a perfect way of knowing the price of your cross country or long-distance move. Unlike the other estimates, this estimate allows you to safely count on the amount the moving company provided. Regardless if you add more weight to it or not. Additionally, if your item weight ends up being lower than the original one, you will pay less. In theory, the best way to save money when moving is to choose the cheapest time to move and opt for this type of estimate. When so, you will be able to safely calculate your moving budget and incorporate the costs of the original relocation process. In case the relocation ends up being cheaper, you will save more money.
Never settle for the first moving company you contact
Instead of choosing the services of the first moving company you contact – do more research. So, if you ask for, for example, moving quotes Jersey City, make sure to ask for other estimates. As there are many different moving companies that can provide such services you can obtain a couple of estimates and compare the offers. This will help you determine what your best option is.
Given that you are now aware of the types of moving quotes explained in this article, you will know what to expect. More importantly, you will know which offers or companies to avoid. You can always find the middle ground among the offers, to know what the average cost is. Any company that strays further from the average might be fraudulent or unprofessional. So, take your time and calculate your best option for the relocation process.
Why is the moving budget so important?
The moving budget you will assemble will play the biggest role in how well you finish the relocation process. It will help you determine what your expenses are and how much they will be. Additionally, you can always add services and other factors to it to keep track of how much you spend. The types of moving quotes explained in this article should help you understand how to assemble a proper moving budget. After you do that, you can start planning other things you need for the process. Moreover, you can opt for other services from moving companies such as packing, providing packing supplies, renting a storage unit, etc. These are all the things that will cost you and you can easily calculate if they are worth the trouble.