How to get out of 2 year contract with verizon?

Basically, i bought two iPhone 5's yesterday with verizon and today they were stolen. I tried calling to report them stolen and have the service terminated but they said i have to pay $350 for each line to terminate the service. I don't have $700 to throw away like that so is there anything I can do to get out of the contract? Please help

Added (1). also, i didn't have insurance in the phones so i can't get new ones

Added (2). you can stop with the quotes "weirdo". Two expensive phones that I paid for in cashhh, thank you very much. And on top of it all, the phones aren't even activated anymore so

Added (3). also, i don't have a credit card or anything yet so will this mess up my credit score?

Right. You think that you get to "lose" two expensive phones and walk away? Seriously? You get to pay the early termination fee, pay the contract for 2 years or get sued and lose your credit score. You choose.

Of course, you could always get those "stolen" phones back.