Even RMC/IMC could potentially be subject to damage especially with the driveway thing and vehicles.
Where should one draw the line? I'm talking for just about anything not just driveways or RMC/IMC. Anything you install is potentially subject to physical damage, but not always at same probability.
Items on driveway side of house - probably not just too likely in most cases, but there is always some chance. How often will someone place vehicle that close to the house? They risk damaging other items as well if they do this, so in general they won't do it, it would be sort of rare occasion should it happen.
Something else already brought up - NM cable on surface, usually below 7 feet or so. Why is it automatically considered subject to physical damage? I've seen a lot of it that been exposed in such locations for decades and is in very good condition. If anything first foot or so above floor is where brooms, vacuums and such would be more frequently in use and maybe would possibly cause more damage.