Shifting to a new place brings forth a wide range of surprising facts with it. If you are relocating from one place to another within Hyderabad soon, then the first thing that you would like to do is to hire a team of professional packers and movers in Hyderabad. They are experts in handling all your relocation tasks efficiently and make your entire process simplified. As there are many things involved during the move like packing your entire home, managing other household tasks, notifying you about a new address, and a lot more, hiring experts becomes an important task. You must finalize your moving company after getting estimates from at least three companies. Hire the one that suits your needs and budget. But, make sure to ask them about the type of estimates that they provide before hiring. This is because you need to choose the type of estimate that is feasible for you. Do you have any idea about different types of moving estimates? If not, then keep on reading to explore them in detail.
Types of Moving Estimates
When you are shifting to another location, you need to hire professionals and ask them about their estimated charges. But, this is not it. Many people are not even aware of the fact that there are different types of estimates that you must keep in mind when you are asking for an estimate from the company. You must pick the particular type of estimate as per the budget and moving type that you have. For this, an understanding of the types of estimates is essential. Keep on reading for the details.
1. Binding Estimate: A binding estimate is one in which you need to only pay the total estimated cost and not anything apart from that. Even if there are any unforeseen costs included in the future, you don’t have to pay for that in a binding estimate. So, after choosing this type of estimate, you have to pay the quoted price only even if the cost goes low.
Some of the rules applied to this estimate are:
• Description of the shipment: To get an accurate estimate, there is a need for a complete description of the shipment including the number of items, weight, size, etc. If in case you need any other service, then they will charge you separately. But, when the estimate is prepared, then you have to pay only that amount and the company can’t charge you more than the binding estimate’s amount. Also, this estimate will be offered to you in writing and a copy will be provided to you before the move.
• Payment: The due payment will be paid at the time of delivery via cash, cheque, online transaction, credit card, or any other mode.
• Contract clarity: The company should clearly state in the contract that you and your company are bound by a binding estimate. Also, it should have a clear estimate.
• Record Keeping: The mover must have a copy of the binding estimate and should attach it to the bill of lading.
• Right to refusal: If the mover realizes that you are loading more than what you have stated in the estimate, then they have all the rights to refuse to provide services to you. You cannot load additional belongings from the ones that are stated in the estimate. Every moving item has to be clearly outlined in the estimate. If you want to add items to the list, then inform your mover so that they can work on it accordingly.
• Accepting the contract: After finally deciding upon the belongings you are going to shift and confirming the final estimate after negotiations and revisions, you need to accept the contract.
• Additional charges: Once your mover loads the entire belongings and you both have agreed upon the binding estimate amount, there will be no changes done or any other additional cost will be added after the agreed estimate is signed.
2. Non-Binding Estimate: You are not bound to a restricted amount of the estimate under a non-binding estimate. This implies that the final amount can be more than the estimated one. A non-binding estimate is just a rough idea of what your move will cost but an extra amount can be added to the estimated cost as per the services acquired by you during the entire process. Moreover, the weight discrepancies upsurge the cost of the shipment. Some movers only offer non-binding estimates. If you are picking them, then keep in mind that your move will cost more than the estimated one.
3. Not-to-exceed estimate: If you do not want to go for either binding or non-binding, then there is a solution known as a not-to-exceed estimate. In this estimate, even if the weight of your consignment increases than the written estimate, you will still have to pay the quoted amount only. However, in case the actual weight is less than the written estimate, then you have to pay the lesser amount. So, by opting not-to-exceed estimate, you will never pay a higher amount on the estimated cost.
Conclusion
When selecting a specific estimate with the relocation company, you need to first ask if they are offering you all of the above-mentioned options or not. Usually, the top-notch movers and packers in Hyderabad offer all the types for the benefit of the clients.
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