Spectrum vs Verizon Fios: Extra Fees and Contracts
Customers who opt for Spectrum can choose between professional installation or self-installation. Professional installation fees vary, ranging between $49.99-$199.99. WiFi activation is free when opting for professional installation. However, self-installation has an activation fee of $24.99, but no other setup fees. Professional installation can take anywhere between 1-3 hours. Self-installation can be done via Spectrum’s support page where a step-by-step guide is available.
Professional installation and self-installation are available with Verizon Fios. Customers who order their service online may be able to waive the professional installation fee, which costs $99. Self-installation requires a kit, which Verizon Fios will mail, or you have the option to pick it up at a local Fios location. After receiving the kit, you can follow the step-by-step instructions on either the My Verizon online account or the My Fios app.
Contracts, Equipment Fees & Fine Print
Spectrum does not require an annual contract. As a result, there are no early termination fees (ETFs). Spectrum even has a contract buyout program of up to $500 when you switch to its service. Spectrum also gives you a modem for free, so there aren’t any equipment fees.
Like Spectrum, Verizon Fios does not require an annual contract. No contract means no early termination fees. On the other hand, Verizon Fios does implement equipment fees except for the Fios Gigabit Connection plan. The equipment rental fee for the router is $15 per month.
Spectrum Internet® plans include unlimited data. So, there are no data overage fees to worry about. Speeds vary by location, so it’s important to check with Spectrum to see what’s available in your area.
Verizon Fios does not implement data caps with its plans. If you’re worried about data overage fees, you won’t encounter them when you sign up for Verizon Fios. With fiber-optic Internet, you can enjoy fast speeds without limiting your Internet use.