4 Moving Terms You Should Know – Part 2

Understanding the technical terms in the moving industry is imperative to have a smooth journey. Packing and moving can be stressful, and understanding the workings will make your life much easier.

In the previous blog, we talked about the following terms:

• Accessorial Services (Additional services)
• Agent (Local moving agency)
• Advanced charges (Third-party vendors)
• Bill of lading (One of the most crucial documents in the moving process)

Term 5: Binding and non-binding estimate

A binding estimate is a formal agreement between both parties regarding the cost of the move. The estimate is calculated depending on the weight of the cargo, distance travelled, and any additional service performed. A non-binding estimate is an informal quote of the entire bill based on approximate costs of the services, weight and distance. Always ensure to get a binding estimate from your movers before signing any contracts.

Term 6: Non-allowable list

Every moving company has a list of items they cannot transport. These items are on the list either due to legal reasons or to protect themselves from liability. Moving companies generally don’t allow the transport of items that have the potential to damage the cargo or the vehicle. A few examples are paints, chemicals, propane tanks. Moving companies can also refuse to transport too fragile items or might get damaged easily while loading or unloading.

Term 7: Inventory

It is a detailed list of items that are being transported. Moving companies maintain a detailed inventory with information on each item’s condition before the move. This helps them in any case of dispute or legal action.

Term 8: Peak season rates

Certain months of the year, moving companies are packed with work. Because of the increase in demand, moving companies charge a premium in peak season. Usually, we see the peak in the summer season.

Always be informed and keep up with the latest trends. If you need trustworthy moving partners to help with your move, contact us now!

Read Part 1 here.