Actually they don't have to honor their warranty if you purchase the phone somewhere else...you have to go to the store where you purchased the phone...yes I used to work for a verizon call center customer service on the phone.
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So much misinformation in this thread...
Verizon honors your warranty, no matter if you buy through amazon, zwireless, Walmart, doesn't matter.
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As long as it is an authorized 3rd party agent. This could confuse people who buy their phone on Ebay or from an Amazon Agent. AmazonWireless has valid warranty, but Joe Schmo selling his old droid on Amazon does not. Some Connect/Premium retailer stores sell phones that don't come up with warranty in the system, so sometimes it depends if you are buying a reconditioned phone from them that they bought of some dealer and gave a new ESN to...I mean you just gotta be careful because the truth is sometimes it's not always easy to tell.
If you buy a phone from your friend and activate on your account, the warranty is removed because it is now "Customer provided equipment" (CPE), and Verizon will only honor warranty when proof of purchase is attached to it. This means it was bought on that account via a retailer that is authorized to sell Verizon services.
Lastly, programs like Total Equipment Coverage (TEC, 6.99/month) and Extended Warranty (1.99/month), tend to stay on an account when you throw a CPE on there, thus making the system allow a warranty replacement when you come back 3 months later with a problem. However, some reps who recognize a CPE when they see it, might not process the transaction, because technically CPE equipment can't have these services added to it unless there is a promotion.....
Which reminds me! Right now through mid-May Verizon will add on TEC to any phone you bring in, but they do inspect it first.