What do the following estimate terms mean: non-binding estimate, 110% provision/rule, binding estimate?
Non-binding Estimate A non-binding estimate is only an approximate cost, it is NOT binding. It is based on the weight of the goods to be transported and the distance they will be moved. Since a non-binding estimate should be reasonably accurate and provide the shipper with a general idea of the cost of packing and moving the goods, a mover should physically review the household goods (by scheduling an onsite estimate) to be transported. Non-binding estimates should cover the goods and services listed on the estimate. If you add items or request additional services, the mover may void the estimate or revise it. The non-binding estimate must be in writing and state that it is non-binding. 110% Provision/Rule If the final charges exceed the non-binding estimated amount, the mover must deliver the household goods upon payment of the estimated amount plus 10% of that amount. The mover must then defer the balance due on the charges for 30 days. However, the mover may collect payment for unex
