I ordered a new phone for an existing account on Feb. 10. On Feb. 14 at 11:52 and 11:53 am (that's how it's logged in the tracking info) UPS attempted delivery but I was not home to sign for the package. Approximately 7 hours later UPS logged a "service disruption." 7 minutes after this log entry an "origin scan" was logged for the package with a different tracking number to be returned to Verizon. Checking the original tracking number indicates the package is being returned to sender, so after contacting UPS, I contacted Verizon "customer service."
To summarize 3 hours of conversation with representatives from various departments, the policy in such an instance is for Verizon to issue a refund 7-10 business days after the package is returned by the shipper and Verizon has inspected the package. Keep in mind this is a package the buyer never received. Verizon cannot cancel the order and issue a refund immediately, or ship out a new phone once they are notified that it won't be delivered to the customer. The policy is simply that once they receive and inspect the package, they will process a refund after 7-10 business days. If you want the phone you ordered, your only recourse is to order and pay for the phone again in hopes that it will be successfully delivered. You have to pay for the phone twice, effectively, and hope that they pay you back for the first one.
This is all you will get from customer service. They are not going to fix the problem. The shipper is not going to fix the problem. Their job is to inform you that it is not their problem, and if you want it fixed then you will have to fix it. You will be given empty assurances about the timing of refunds and reliability of future shipments, despite evidence to the contrary staring you in the face.
I hope this saves someone some time.