Thank you to all of the community members who responded with your great suggestions. Your support is greatly appreciated. I have provided complete details below on how to report lost or stolen phones. I have also provided a link below to the My Verizon web site where the information can also be found.
What do I do if my wireless phone is lost or stolen?
If your device is lost or stolen, you may suspend your service to avoid unauthorized use. There are two methods to suspend your service:
For replacement of your lost or stolen device:
If your bill shows charges to your phone after the loss but before you reported it, and you want a credit for those charges, we will investigate your account activity. You do not have to pay the charges you dispute while they are being investigated to determine whether the charges resulted from usage by someone not authorized to use the phone. Further, if we haven’t given you a courtesy suspension of recurring monthly fees within the prior year, we’ll give you one for 30 days, or until you replace or recover your wireless phone, whichever comes first. You may need to provide further information regarding the theft or loss if we ask for it.