Is it normal for DHCP lease to renew every 2 hours for Fios?

[TexasRob]

I noticed in my router system logs that my Fios is renewing its DHCP lease every hour (at the half way point of a 2 hour lease) and it's causing my connection to have hiccups every time this happens. Is it normal for Fios to have a 2 hour lease time? Most ISP's typically have a 24 hour lease time. Just wanted to check if this is normal for Verizon.  Thanks in advance.