How to unlock my iPhone 5 while on Verizon?

I bought an iPhone 5 not the iPhone 5s, and I bought for 300, it's new, non-cracked and its 64GB lots of memory:-). The iPhone is on the Verizon Plan, is there a way to unlock it while it's on the Verizon Carrier?

You bought i for 300?! Oh and uh you gotta contact your carrier to unlock

If you're not the original owner of the phone and your contract isn't up, you can never get the phone unlocked by Verizon. You've to get the phone unlocked from outside. If you need help with getting the phone factory unlocked, mail me.