Yes, I've experienced it for most of my life, in different ways. It's most often just delusions and auditory hallucinations. I've heard voices, though they often don't make any sense. Shit like "Yikes, sorry it wasn't daylight" which is random af.
During my worst episode, which was ongoing for maybe a month or two, I heard and thought a lot of crazy things, always thinking my life was in danger. I heard people with megaphones outside saying "come out with your hands up!" and I would hide in my room having meltdown after meltdown thinking I was done for and they would find me. Also having weird beliefs like people plotting to kill me and every time I saw someone on the phone they were saying terrible things about me, like they were reporting me or something.
For that whole duration of time, I couldn't even fucking vacuum the house because I'd hear people screaming and begging me to turn it off, and I'd see all the doorknobs in the house rattling like people were trying to get in...
I could go into so many different experiences, but yeah, it's really draining. I've had times where it's calmed down or stopped for a bit, but it comes back, especially when I get extremely depressed. I'd say though, that paranoia and delusions are almost always present.