The phrase "multi policy" refers to having more than one insurance policy from the same insurance company. It means that you have multiple types of coverage, like car insurance and home insurance, with one insurer. Full definition
If you need to insure more than one car, then check different providers for multi policy discounts. (carinsurancequote.net)
For instance, a teen driver in the household with a separate auto policy is often eligible for the parent's home multi policy discount if insured through the same insurance carrier. (thebalance.com)
Look for other ways to save like multi policy discounts or other savings offers. (rentersinsurance.net)