Are you tired of being tied down to your current Verizon contract? Maybe you`ve found a better deal with another provider or you`re just looking to switch things up. Whatever the reason, you might be wondering if it`s possible to end your Verizon contract without facing hefty cancellation fees.
The short answer is yes, you can end your Verizon contract early. However, there are a few factors to consider before you make the switch.
First and foremost, Verizon contracts typically come with an early termination fee (ETF) if you cancel before the end of your contract term. This fee can range from $175 to $350, depending on the type of contract you have and how far along you are in your contract term.
If you`re still within the first 14 days of your contract, you may be able to cancel without facing any fees. This is known as Verizon`s «buyers remorse» period. However, if you`re outside of that window, you`ll need to pay the ETF if you want to end your contract early.
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That being said, there are a few situations where you may be able to avoid paying the ETF. For example, if you`re moving to an area where Verizon doesn`t offer service, you may be able to cancel your contract without penalty. Additionally, if your phone is not functioning properly and the issue is not resolved by Verizon, you may be able to cancel your contract without facing the ETF.
It`s also worth noting that Verizon now offers «unlimited» plans that don`t require a long-term contract. If you`re currently on a contract plan and want to switch to one of these unlimited plans, you may be able to do so without facing any cancellation fees. However, you`ll need to check with Verizon to see if this is an option for you.
In summary, yes, you can end your Verizon contract early. However, you`ll likely need to pay an early termination fee unless you`re within the first 14 days of your contract or meet one of the other exemptions mentioned above. If you`re considering switching to a different provider or plan, be sure to weigh the costs and benefits before making a decision.
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