In NY, yes. I have it on my car now and it has saved me over $4500 in bent rims and bubbled tires. not to mention, over a 36k mile lease, I won't need to replace a single tire from normal wear and tear, since by now, all 4 have been replaced by the warranty. I paid $1000 for the coverage for 3 years (for a Mercedes with AMG wheels).
I bent 3 rims on an E46, but I've not had any issues with my wife's X3 in a year so far, but those are not as low a profile tire. Also, amazingly, never had a bent rim on an '07 X5 I had for 50k miles with 20" wheels and low profile summers. But that may be because they were monsters and they were just wider than the potholes