I live in NJ and drive on rough roads with pot holes, I purchased tire/wheel insurance for 5 years for $599 when I got my 2006 330i with 18" sport suspension wheels and 1st gen run flats. I never used the insurance for a tire or wheel claim. I won't buy it in the future, and definitely wouldn't if it was $1299!
2016 340i xDrive M-Sport SA8T
Estoril Blue | Saddle Brown | Ash Trim | Cold Weather | Track | Technology | Driver Assistance + | Lighting | 19" 442M Orbit Grey