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Spanish raincoat 

A term coined by CBC Vancouver radio personalities to define any rain protection device left at home in the morning, and needed in the afternoon.
Once again, Lisa will be heading home without her Spanish raincoat.

Sorority raincoat 

Much more fun way of saying condom
Cashier: is there anything else I can help you with?
Customer: yee lemme snatch a box of sorority raincoats lil biddy

swedish raincoat 

Two uncircumcised gentlemen go cap to cap and foreskins are joined by clear adhesive tape. A third gentleman is then called upon urinate on the joined penis executing a golden shower downpour on the tightly sealed package. Meanwhile, the two joined men jerk one anther off vigorously while basking in the warm steady stream of hot urine. Their respective members stay safe and dry from the "Swedish raincoat" that they have created.
Thank god for that sweet Swedish raincoat we made last night, I just heard that fancy peters golden shower was tainted with the herpes. That yellow acid rain would have destroyed our Weiner's if it weren't for that tight Swedish raincoat.
swedish raincoat by Robust gentleman February 13, 2017

steamy raincoat 

After I pulled out of her ass I had a steamy raincoat on my dick

Japanese style raincoat graphitti 

A style of graphitti using fat tipped markers or crayon streakers typically found in urban areas that are consistently inhabited such as dive bar restrooms and transit stations.
Ben- yo my boy Dolan got that japanese style raincoat graphitti goin' on!

Swiss Cheese Raincoat 

When a Woman pole holes in the rubber
I’m gonna give Him a Swiss Cheese Raincoat