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Verizon’s New Share Everything Plans: What you need to know

By Joni Blecher Follow me on Twitter | Thursday, June 28, 2012 (permalink)
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Update: Verizon's New Share Everything plans are now available. Interest in making the switch? Here are more plan details.

This month Verizon announced a new type of plan that’s all about sharing the data. The new plans are called “Share Everything Plans” and up to 10 Verizon Wireless devices can be on the plan. That includes tablets, smartphones, Jetpack mobile hotspots, basic phones, and netbooks/notebooks. The idea is simple: Pay a monthly fee for each device on a plan and then an additional fee for the amount of data (1GB, 2GB, etc.) those devices will share a month.

The plans also include unlimited voice minutes, unlimited text, video and picture messaging for all devices on the Share Everything Plan. Plus the Mobile HotSpot feature, which is an additional fee to activate on other plans, is included as well. Just be aware that the data used with the Mobile HotSpot feature will come out of the shared data pool. If this is a feature that will be used a lot, keep that in mind when selecting a data option. Here’s the breakdown of the cost of each device on the plan:

Smartphones - $40
Basic Phone - $30
Jetpacks/USBs/Notebooks/Netbooks - $20
Tablets - $10

Here’s what data will cost:

1GB - $50
2GB - $60
4GB - $70
6GB - $80
8GB - $90
10GB - $100

To get an idea of what the monthly fee looks like, here’s an example:

2 Smartphones ($80) + 1 Tablet ($10) + 2GB of data to be shared ($60) = $150

For $150 (before monthly fees) service includes unlimited text, calls, and picture messaging, with the ability to use the Mobile HotSpot feature, and 2GB of data to be shared among all devices. Is it a great deal? It really depends on how much data you use monthly and that can be found out by looking at the monthly bill. Plus, Verizon includes a data usage meter on its devices that’s worth checking out to see how much data is actually being used by each individual device on the plan. For even more help check out this tool from Verizon.

The plans will be available on June 28th; however, there’s no requirement to switch from a family plan to a Share Everything Plan. There are no additional fees to switch to the new plan and switching also won’t extend an existing contract.