I dropped my Droid X2 and it was completely submerged in a toilet for approx. 6 seconds. I got it out, immediately removed the battery and SD card, dried it off, and had it in a container filled with rice within a matter of 5 minutes. It has been in this container for 7 hours now, and I intend on leaving it in there for approx. 28 hours total. The watermark seal went form white to complete red on the inside. As of now, it doesn't feel damp but I am not risking it by turning it on until it has been in rice for 24 hours, since that is the only trick I know. I purchased this through Verizon on eBay about 3-4 months ago for about $250. I have a one year warranty on the phone. So, all in all, will Verizon replace my phone, free of charge, if the rice trick doesn't work, or will they charge a small fee, because I have been an avid customer for nearly 4 years now. If not, any other tricks to fix your phone?
