How do you get a new phone when you renew your Verizon contract?

Is there a discount or free phones when you switch phones? Or a certain amount I can stay in to get it free?|||If the prices of new phones are more than you want to pay with verizion. You could go to a site like http://www.hotphonezone.com. They have all the major cell phone providers. You can get most of the latest smartphones for free with a new contract. Good Luck!|||You wait until your contract is up ( one or two years), then go to verizon and look at the prices of the various phones. On the price cards of said phones you will see the price listed if you are upgrading/ signing a new contract.... you will also see the price for the phone if you are not signing a contract. This price information is also available on the verizon website.