Does Verizon pay you to switch?
Elijah King
Updated on March 12, 2026
Verizon will buy out your contract and cover early
termination fees
An early termination fee is a charge levied when a party wants to break the term of an agreement or long-term contract. They are stipulated in the contract or agreement itself, and provide an incentive for the party subject to them to abide by the agreement.
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