Moving Jargon You Should Know

When doing business with New City Movers, it is important that you know the typical Chicago moving company jargon. It is important for you to know this so that you can better understand what is going on around you. Here are some terms that you should know:

Bill of lading – The contract for the transportation of your goods and your receipt.

Carrier – The Chicago moving services transporting your belongings.

Declared value – When acquiring insurance, this is the value that you say your belongings are worth.

Binding estimate – This is an estimate that guarantees the total cost of the move. This is based upon the services that you require, the quantity of items being moved, and the distance of the move.

Non-binding estimate – This is an estimate that shows how much your Chicago movers believe the move will cost. This means that the final charges may change based on services acquired and certain details about the goods being moved. These details can include the quantity, weight, and much more.

Full Replacement Value Coverage – This is insurance coverage that fully covers the entire replacement value of your belongings.

Full Service Move – This is the most common type of move that a Chicago moving company does because it consists of transporting all goods from the old location to the new one.

High value article – These are items that are valued at more than $100 per pound in the shipment.

Line haul charges – These are the charges for the use of the vehicle that is moving your belongings.

By knowing the jargon used by the movers, you can better understand your bill of lading and what is being referred to when talking about the services you will receive during your move. With this understanding, misunderstandings can be avoided.

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