How Much Does It Cost to Break a Vivint Contract

If you are a Vivint customer who wants to cancel your contract early, you may be wondering how much it will cost you. Vivint offers home security, home automation, and energy management systems, but their contracts can range from 42 to 60 months. Breaking a contract may seem daunting, but it`s important to understand the costs associated with it before making a decision.

The first thing to note is that Vivint has a cancellation policy that requires customers to pay a termination fee. The amount of the fee varies depending on the length of the contract and the equipment installed in your home. The fee can range from $100 to $1,500. The longer the contract, the higher the fee. Additionally, if you have equipment that requires professional installation, such as a security system or thermostat, there may be additional fees associated with removing it.

It`s important to note that Vivint offers a 3-day right to cancel period. This period allows customers to cancel their contract without penalty within three business days of signing the agreement. After that, the cancellation fee will apply.

If you`re considering canceling your Vivint contract, it`s important to weigh the costs and benefits. If you`re paying a high monthly fee or are no longer in need of the service, the termination fee may be worth it. However, if you`re happy with the service and simply want to switch to a different provider, it may be more cost-effective to wait until the contract is up.

Another factor to consider is the impact canceling your Vivint contract may have on your credit score. Vivint reports payment history to credit agencies, so canceling your contract early could negatively impact your credit score.

In conclusion, breaking a Vivint contract can come with a hefty price tag. Customers should carefully consider the costs and benefits before making a decision. If you`re uncertain about what to do, it may be helpful to speak with a Vivint customer service representative to discuss your options and potential costs. Ultimately, the decision is up to you, and it`s important to make an informed choice.

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