It is not uncommon to have an undercoating in areas that are exposed and that could rust. As other people have mentioned, skid plates are totally a thing too. If you really wanted though, you could have bed liner material applied to the underside of your car. It’s not going to make a big difference, but it could protect against corrosion and reduce damage from road-bed collisions or collisions with small objects that your car may drive over.
Corvettes have plating along the entire underneath. Makes it a hassle to fix them. Plus its harder for you to detect leaks without taking the plating off. Undercoating is what they have to help combat that issue but you need to reapply when you replace a part. And that can drive the price of repairs way up.
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