$550 CAD for 5yr tire and wheel warranty?

Our dealership offered us this warranty for our 2026 Forester. Is it worth it? It covers any tires and wheels that you will be using on the car even if not purchased from them with 0 deductible.

Our location: Toronto
Daily travel: 65-70km total (80% of it being on highways)
Weekends: Mostly grocery runs within the city, or occasional long drive trips