How to Get Out of Your Verizon Contract: Tips and Options

Learn how to cancel your Verizon contract, avoid fees, and explore transfer and buyout options with ease.

Published

Video transcript

Cancelling your Verizon contract can be done by contacting customer service directly. Be prepared to pay an early termination fee (ETF) if you’re still within the contract period. Another option is to transfer your service to someone else using Verizon's Assumption of Liability process. Additionally, check if you're eligible for a buyout offer from another carrier, which could cover your ETFs. Ensure you review your contract thoroughly to understand the specific terms and conditions applicable.

Questions and answers

  1. Can I cancel my Verizon contract without paying a fee?

    You may have to pay an early termination fee if you cancel before your contract ends, but checking your specific contract and exploring buyout offers from other carriers might help reduce or cover this fee.

  2. What is Verizon's Assumption of Liability process?

    It is a process that allows you to transfer your Verizon service and contract responsibilities to another person, which can be an alternative to cancelling your contract.

  3. How can I find out if I am eligible for a Verizon contract buyout?

    You should contact Verizon or check with other carriers offering buyout promotions that may cover your early termination fees when switching.