Polarized lenses block certain types of light waves to reduce glare. They work by only allowing vertically polarized light to enter the eye, blocking out horizontally polarized light that causes glare when reflected off smooth surfaces like water or roads. Polarized lenses come in various colors and are useful for activities like driving, boating, and photography by improving contrast and reducing eye strain from glare. While effective at reducing most types of glare, polarized lenses have some limitations like not working as well with snow glare and possibly distorting displays.