Timbaland Files Lawsuit Against Insurance Company Over $1.8 Million Watch

posted Saturday January 26 ,2013 at 12:22PM CST | 13 comments

Timbaland Files Lawsuit Against Insurance Company Over $1.8 Million Watch

Timbaland is unhappy with American Home Assurance Company.

Timbaland has a bone to pick with his insurance company.

According to TMZ, Timbo has filed a lawsuit against American Home Assurance Company last month, claiming he paid over $50,000 to take out a policy in May 2010.

One of the items covered under the policy was a Jacob & Co. 18K white gold watch, complete with 30 carats of diamonds. In the suit, he claimed that he lost the watch in August 2010 and filed a claim with AHA, even testifying under oath that it was missing. Apparently the company has denied his claim.

Interestingly, Timbaland reported the watch as stolen two years ago. In the lawsuit, he states he believes his daughter "picked [the watch] up and played with it until she became bored and discarded it somewhere," and claims "it has never been found."

Timbaland is currently in the studio working with Justin Timberlake on his upcoming third album The 20/20 Experience, and recently teamed up with 50 Cent and SMS Audio as an investor partner in the company.

RELATED: Timbaland To Exclusively Produce Justin Timberlake's Third Album, Jay-Z Collaboration Expected

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Comments 13 Posts

  • Anonymous
    So the watch was just laying around for his daughter to play with? lol Timbaland you know better than to try and swindle an insurance company. You don't think they've heard stories like this before?
  • Grindahz
    $2 mill for a watch..shit...must be nice
  • Anonymous
    lol he should sent to jail for buying a 18, mil watch. Its a fucking crises people lose jobs lose there home and this prick buys a 1,8 mil watch? Only in America
    • Anonymous
      yeah, send him to jail because he has money! fucking tool.
  • dentaldamboy
    Timbaland isn't broke, but my boss Birdman has way more money. Birdman has a mansion in New Orleans and Miami, his own Gulfstream 500, over $10mm worth of cars and over $7mm worth of jewelry. Timbo is a creative guy, but Birdman is a real bawse. YMCMB 4 life!
    • oroseal_that_ish
      word playaa! ymcmb in the buil-tin
    • Anonymous
      wow you fuckin tool the fact you know that is staggering
  • Anonymous
    Somebody is broke and needs money. You deserve to go to jail for trying to commit insurance fraud.
    • Anonymous
      Dude no one deserves to go to JAIL for that. settle the fuck down
    • ChinCheck
      Timbaland broke? He's currently one of the highest earning Hip Hop (and other genres) producers. Now sit back down.
  • Anonymous
    who lets his children play with 1.8 million watches...your own fault, company has the right to deny it
    • yqnh
      Who buys a 1.8 million dollar watch, that's for sad people.