Jessica Railes is purchasing a condo and is shopping for an HO-6 policy. Her auto insurer quoted her an annual rate of $550. However, if she insures both her condo and her car with the same company, the insurer will give her an additional 8 percent discount on her HO-6 policy and a 10 percent discount on her $1,200 annual auto premium. By how much will this reduce Jessica's premium? In addition to the discount, what are other advantages of purchasing both auto and homeowner's insurance with the same company?