We Need A Resolution: Timbaland Suing Insurance Company Over Missing Watch

January 27, 2013  |  

JLN Photography/WENN

Producer and “rapper” Timbaland has had enough and he’s not taking it anymore.

According to TMZ, Tim filed a lawsuit last month against American Home Assurance Company for $1.8 million dollars because they have refused to cover the claim of a watch that went missing in 2010.

Timbaland says he paid more than $50,000 in May 2010 to take out an insurance policy that would cover quite a bit of expensive items, including a watch from Jacob the Jeweler. The watch was 18k white gold and draped in over 30 carats of diamonds.

Some kind of way, the watch went missing in August 2010.  At that time, Tim was allegedly so upset about it being gone he got his family worked up and they called the police saying they thought he might commit suicide.  While Tim told police once they arrived that he was never going to do that, he did tell them that he thought someone he knew stole the watch.

The police started an investigation but it never went anywhere.

But now in the lawsuit against AHA, Timbaland says he thinks his young daughter picked it up and “played with it until she got bored and discarded it somewhere.”

While the value of the watch has not been revealed, the $1.8 million covers the cost of the watch, interest  and Tim’s lawyer fees.

There’s been no word from the insurance company as to why they won’t cover the claim.

Oh, the problems of the one percent nation.  All I have is a little Michael Kors watch and I guard it as though the plans to change the world are sitting under the face.

Hopefully, all of this will be settled soon.

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