Verizon just announced a three-year price lock plan

Verizon just revealed a new price lock policy that guarantees certain plans won't go up in cost for three years. This is for both new and existing customers. It was announced the day after President Trump decided to tariff the entire world, which put markets into a tailspin. Verizon didn't specifically mention this policy, but did say that the move was intended to give "predictability" to its customer base.

However, there are some caveats. Customers have to be enrolled in one of the company's newer myPlan subscriptions to be eligible. Also, the guarantee only covers the base charge for the rate plan. It doesn't do anything regarding those mysterious little fees that carriers use to raise prices on the down low.

If someone switches plans, the three-year price guarantee renews with the new plan. That also applies to individual lines - bumping a line with an Unlimited Plus plan to an Unlimited Ultimate plan, for example, resets the three-year counter on that line.

Although the price lock appears designed to keep people with the carrier, Verizon representatives said it's not meant to shackle customers to the service; there are no fees or penalties related to the three-year span if someone cancels a line or account.

Read more -here-

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