How Much Does It Cost to Cancel My Verizon Plan?

The costs to cancel your Verizon plan is not consistent across board. Every cancellation case is different. To be safe, expect to pay the early cancellation cost for your Verizon plan. Contact Verizon customer support for any inquiries.

How Much Does It Cost to Cancel My Verizon Plan?

Are you happy with your current Verizon Plan? If not, know that you have a right to cancel the plan at any time. However, it's good to remember that you have a customer agreement with Verizon that explicitly ensures the company interests are protected. Canceling your plan is not a free ride as most customers think. In short, you are not going scot-free.

The penalties that come with canceling the Verizon Plan depends on the timeframe of your contract. Plus, it depends on whether you are on a monthly agreement or a 2-year contract agreement.

Customers can drop lines from their family plans because canceling multiple Verizon lines results in hefty termination charges.

How Much Does It Cost to Cancel My Verizon Plan When on 2-Year Contract?

Verizon no-longer pushes for the 2-year contract nowadays. If you are still in that kind of agreement, then know that you can cancel the contract by calling customer support. Alternatively, you can visit your local Verizon store where the customer representative will verify that you are the account owner before initiating the cancellation. The purpose is to prevent Verizon from canceling someone else's account wrongly.

There are mitigating factors that determine if you are paying cancellation fees and the amount to pay. The penalties depend on how far you are on the current contract and whether your smartphone is included in the plan.

The billing charges depend on your existing billing period which means you will pay for whatever is remaining on your billing month regardless of whether it's your first day of the new billing cycle.

The early termination fees are dependent on your Verizon agreement and how far you are from it. If you cancel early, you may pay as much as $350. The amount decreases by 15% every month spent on the contract.

In case you cancel your Verizon plan within 14 days of enrolling, you can exit without any problems as long as the phone is returned and you pay a restocking fee of $35. The fees start to have impact after the initial 14 days have expired on your contract. In this case, you are responsible for applicable usage fees, taxes, surcharges and pro-rated access fees.

Besides, you pay device equipment fees which includes missing components.

Can Someone Avoid Paying the Verizon Plan Cancellation Costs?

There is no way around the fees. You can complain about poor service, which may make the company reduce the charges. Alternatively, you can opt for a new provider who accepts to pay your switching fees as long as you agree to trade in the phone and purchase one from the network.

Is There an Easy Way to Get out of Verizon Plan Contract?

No. Just tell them that you are switching to a new network provider or relocating to a new country. However, you will be subjected to the usual stuff of them trying to convince you to stay by sweetening your deal to retain you as a customer. If that's what you want, you can accept the new deal. Otherwise, stick to your resolution and insist that you are terminating the service plan.

Can I Cancel a Monthly Verizon Plan Without Paying Extra Costs?

There are no early termination fees for month to month Verizon plan agreement. Your only option is to settle the bill for the current month that you are canceling and pay the phone you are currently financing. After paying the phone costs, you can keep the phone and sell it later as it's unlikely to work on any other carrier.

Help from Real People

We partner with a US-based company with live tech support experts available 24/7. Take advantage of a $1 one-week trial membership and chat with an expert now.
Chat With A Help Expert
How Much Does It Cost to Cancel My Verizon Plan?

Why Did GetHuman Write "How Much Does It Cost to Cancel My Verizon Plan?"?

After thousands of Verizon customers came to GetHuman in search of an answer to this problem (and many others), we decided it was time to publish instructions. So we put together How Much Does It Cost to Cancel My Verizon Plan? to try to help. It takes time to get through these steps according to other users, including time spent working through each step and contacting Verizon if necessary. Best of luck and please let us know if you successfully resolve your issue with guidance from this page.

Why does GetHuman Write How-to Guides for Verizon Problems?

GetHuman has been working for over 10 years on sourcing information about big organizations like Verizon in order to help customers resolve customer service issues faster. We started with contact information and fastest ways to reach a human at big companies. Particularly ones with slow or complicated IVR or phone menu systems. Or companies that have self-serve help forums instead of a customer service department. From there, we realized that consumers still needed more detailed help solving the most common problems, so we expanded to this set of guides, which grows every day. And if you spot any issues with our How Much Does It Cost to Cancel My Verizon Plan? guide, please let us know by sending us feedback. We want to be as helpful as possible. If you appreciated this guide, please share it with your favorite people. Our free information and tools is powered by you, the customer. The more people that use it, the better it gets.

Verizon

Speak to An Expert Now

We partner with a US-based expert help site to provide you with tech support 24/7. Enjoy a $1 one-week trial membership and chat with a live expert now.
Get Live Expert Help
Asked 2 years ago
Updated 2 years ago
Viewed 41,109 times
Verizon
Cost to cancel Verizon plan
contact Verizon customer support

What customers are saying about this and similar problems

My name is Kris Bell. *** E *rd St Moscow, Idaho. My Verizon number was ***-***-****. I...
My name is Kris Bell. *** E *rd St Moscow, Idaho. My Verizon number was ***-***-****. I...
Im locked out of on-line account due to wrong password entered *time
My phone was shut off due to non-payment. Bill has been paid and my phone is still off...
I will not pay $* to get this resolved what a scam will go directly to store you are no...

Paying Too Much for TV?

We created a free, impartial concierge you can speak to right now that can compare TV, cable, phone, and Internet deals in your area. Are you already getting the best deal? Call now and talk to a real, live person who can tell you what promotions you are missing out on.

Talk to Us Now: 888-379-2546Our concierge is unaffiliated and therefore able to compare deals across many companies
Was this page helpful? If so, please share!
Sharing is what powers GetHuman's free customer service contact information and tools. You can help!