Yes, but never with the feeling that it was the right choice. They're generally either waist-length (quite why the manufacturer feels people only want to keep their top half dry is beyond me) or have no hood (so rain just runs down the inside from my neck). And they take longer to put on and take off than an umbrella, you have to decide whether you want to wear the raincoat or the warm coat on any given day, and given the price of a good raincoat compared to a good umbrella I think I can afford to lose a fair few of the latter before the former becomes better value.

A long raincoat with a hat works well for me. The style of mine is a bit decades-ago perhaps but I can live with the occasional comment. Then again, I need a more hands-free existence for herding small children.