The simulation of UV/vis absorption spectra of large chromophores is prohibitively expensive with accurate quantum mechanical (QM) methods. Thus, hybrid methods, which treat the core chromophoric region at a high level of theory while the substituent effects are treated with a more computationally efficient method, may provide the best compromise between cost and accuracy. The ONIOM (Our own N-layered Integrated molecular Orbital molecular Mechanics) method has proved successful at describing ground-state processes. However, for excited states, it suffers from difficulties in matching the correct excited states among the different levels of theory. We devised an approach, based on the ONIOM extrapolation formula, to combine two QM levels of theory to extrapolate entire excitation bands rather than individual states. In this contribution, we extend the same QM/QM hybrid scheme to include polarization effects on the core region through point charge embedding. The charges are computed to reproduce the electrostatic potential of the entire chromophore at the low level of theory, with proper constraints to avoid overpolarization issues at the boundary between layers. We test this approach on a variety of model compounds that show how the multistate QM/QM-embedding scheme is able to accurately reproduce the spectrum of the entire system at the high level of theory better than (i) the bare QM/QM hybrid scheme, (ii) the low-level calculation on the entire system, and (iii) the high-level calculation on the core region.