I was not recommending the cheaper solutions of do it yourself or a local store/kiosk since your phone is less than 1 year old and if you don't have it repaired by a certified apple repair facility, you will likely void the rest of your warranty.
Do it yourself is cheaper only if you really know what you are doing. It just takes one mistake to make it hugely more expensive.
Hearing that you have a cracked screen just shattered my heart. Weth provided some great information in regards to the options that are available to you. If you decide to utilize your insurance, you can contact Asurion by phone by calling 888-881-2622 or online at www.phoneclaim.com/verizon to start your claim.
Follow us on Twitter @VZWSupport
If my response answered your question please click the �Correct Answer� button under my response. This ensures others can benefit from our conversation. Thanks in advance for your help with this!!