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It will drop for sure. Mine went down a couple hundred per year. Enjoy it while you can though...rates don't decrease because of your age again until you're 50.
Shop around at other companies as well. I just got quotes from Geico, Liberty Mutual, and State Farm and ALL of them were lower than my Allstate plan. In fact, Geico was almost $400 a year cheaper! Needless to say, I'm switching soon.
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