Absolutely - if you have aftermarket wheels with different sized centrebores than standard.
The studs, or bolts on the car are there to hold the wheel onto the hub, they're not designed to either centre, or support the load of the car. That's what the centrebore on the hub is for. Your wheel should sit snugly onto that lip as that will both support the load and properly centre the wheel onto the hub.
If neither are done you run the risk of shearing studs and/or having a wheel that isn't properly centred, this will make the car feel like it's not got balanced wheels on and give you vibration at speed.